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$1,190,000
New Listing

123 Rooming House Way
Plymouth, NH 03264

For Sale|Multi Family|Active
16
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
5,548
SqFt
$214
/SqFt
1890
Built
County:
Grafton
Call Now: 508-233-7933
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508-233-7933
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Turnkey high-cash-flow opportunity leased through May 2027. This legal 16-bedroom, 5.5 bath student rooming house bordering campus offers strong in-place income, and consistent occupancy history, with an estimated Cap Rate of 10+%. Featuring 5,500+ SF with private furnished bedrooms designed for efficient shared living easily managed with several remote-management systems. Occupants enjoy a community kitchen with 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher, business class Wi-Fi, premium cable and reverse-osmosis water dispenser. Commercial-grade laundry room with 2 card app washers & 2 gas dryers. Extensive renovations in 2017/2018 including efficient supplemental electric wall units, new boiler in 2023. metal roof on part of building and vinyl replacement windows. Rare opportunity to acquire a stabilized, fully operational student housing asset with strong rental demand, modern building systems, and minimal day-to-day management requirements.

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Listing Snapshot
Price 
$1,190,000
Days On Site 
0 Days
Bedrooms 
16
Inside Area (SqFt) 
5,548 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
0.17 Acres
Year Built 
1890
MLS® Number 
73528150
Status 
Active
Property Tax 
$11,252.72
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
Acres 
0.17
Disclosures 
Operated as high-performing housing. Configuration also supports alternative housing strategies (workforce / short-term)subject to local regulations. Financialsprop. information available with executed NDA and proof of financial capacity. Photo AI generated and not a real depiction of area.
Foundation 
Other
Number Of Stories 
2
Parking 
PavedOff Street
Parking Spaces 
11
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5548
SqFt Total 
5548
Water Source 
Public
Zoning 
VC
Interior Features
Appliances 
RangeDishwasherMicrowaveRefrigeratorWasherDryerGas Water Heater
Basement 
FullInterior EntryUnfinished
Flooring 
WoodTileVinylLaminate
Heating 
BaseboardElectricPropane
Laundry Features 
Gas Dryer HookupWasher Hookup
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Exterior Features
Construction Details 
Frame
Frontage 
76.00
Lot Features 
Corner LotSloped
Patio And Porch 
Porch
Roof 
ShingleMetal
Community Features
Community Features 
Park
Roads 
Paved
Listing courtesy of The Commercial Group of Aluxety



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-06-02 08:19 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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