$4,600,000
PENDING

3, 4 & 5 Shady Ln Plaistow, NH 03865

Estimated payment $29,664/month

Total Views 3,314
-- Bed
-- Bath
17,670 Sq Ft
$260 Price per Sq Ft

Highlights

  • 2.46 Acre Lot
  • Patio
  • Coin Laundry
  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding

About This Home

This impressive property portfolio consists of three adjacent lots with four freestanding buildings, totaling 20 residential units. The well-maintained buildings at #3, #3A, and #4 each contain six units—all featuring two bedrooms, one bathroom, and separately metered utilities for both electricity and heat.
#5 Shady Lane offers a standalone duplex, with both units boasting spacious two bedroom layouts and an additional finished room w/closet in the basement. Recent capital improvements include replaced windows, new kitchens, and a brand new roof on Building #5.
This portfolio delivers immediate cash flow, along with significant value-add potential—current rents are more than 50% below market, and the majority of leases are month-to-month, providing flexibility for future repositioning. With its strong rental history, solid maintenance, and prime location, this is an outstanding opportunity for investors seeking a turnkey multifamily asset with substantial upside. Coin-operated laundry rooms for user convenience.

Listing Agent

Viktoria Alkova

KW Coastal and Lakes & Mountains Realty Listed on: 07/01/2025

KW Coastal and Lakes & Mountains Realty

Co-Listing Agent

David Garvey

KW Coastal and Lakes & Mountains Realty License #004637

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 2.46 Acre Lot
  • Property fronts a private road

Home Design

  • Garden Home
  • Wood Frame Construction
  • Wood Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 17,670 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Parking

  • Paved Parking
  • On-Site Parking
  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Private Water Source
  • Cable TV Available

Community Details

  • 20 Units
  • Coin Laundry

Listing and Financial Details

  • Tax Block 037
  • Assessor Parcel Number 30

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: Rt. 125 to Rt. 121A to Shady Lane
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1996
  • Display On Internet: Cable Internet
  • Architectural Style: Apartment Building, Garden, Multi-Family
  • ResoLotFeatures: Other
  • Road Frontage Type: Paved, Public
  • Co List Office Mls Id: 3171-0
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 17670.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Wood, Vinyl Plank
  • Basement: Finished, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Natural Shade, Outbuilding, Patio
  • Roof: Asphalt Shingle, Wood
  • Easements: No
  • Construction Type: Wood Frame, Vinyl Exterior, Wood Exterior
  • Waterfront: No
  • Foundation Details: Below Frost Line

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, On Site, Other, Parking Spaces 21+, Paved, Visitor

Utilities

  • Electric: 200+ Amp Service, Circuit Breakers, Other
  • Sewer: Septic Tank
  • Heating: Propane, Hot Water, Individual
  • Cooling: None
  • Utilities: Cable
  • Water Source: Private

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Lot Info

  • Surveyed: Unknown
  • Zoning: MDR
  • Lot Size Acres: 2.46
  • Lot Size Sq Ft: 107158.0

Multi Family

  • Number Of Units Total: 20
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20

Tax Info

  • Tax Block: 037
  • Tax Lot: 00
  • Tax Map Number: 30

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $4,600,000 -- $260 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5049479

PrimeMLS

New Hampshire Rockingham County Plaistow 03865

3, 4 & 5 Shady Ln, Plaistow, NH

This home is located at 3, 4 & 5 Shady Ln, Plaistow, NH 03865 and is currently priced at $4,600,000, approximately $260 per square foot. This property was built in 1996. 3, 4 & 5 Shady Ln is a home located in Rockingham County with nearby schools including Pollard Elementary School, Timberlane Regional Middle School, and Timberlane Regional High School.

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Viktoria Alkova
Listing Agent
Viktoria Alkova
Section Image
KW Coastal and Lakes & Mountains Realty
(646) 577-1194