3, 4 & 5 Shady
Plaistow, NH 03865
Map
- – beds
- – baths
- 17,670 sqft
- ~2 acre lot
- $260 per sqft
- 1996 build
- – on site
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.
Last checked:
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Last updated Jul 1, 2025
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MLS# 5049479 —
The Building
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Year Built:1996
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Vinyl Exterior, Wood Exterior
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Architectural Style:Apartment Building, Garden, Multi-Family
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Roof:Shingle - Asphalt, Wood
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Foundation:Below Frost Line
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Total Stories:3
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Total Units:20
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Approx SqFt Total:17670
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Approx SqFt Total Finished:17,670 Sqft
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Approx SqFt Finished Above Grade:17,670 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Paved, Public
Interior
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Flooring:Carpet, Tile, Vinyl Plank, Wood
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Basement:Yes
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Basement Description:Finished, Unfinished
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Basement Access Type:Interior
Location
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Directions:Rt. 125 to Rt. 121A to Shady Lane
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Map:30
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Latitude:42.851479227936544
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Longitude:-71.106705170639046
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:Other
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Lot SqFt:107,158 Sqft
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Lot Acres:2 Sqft
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Zoning:MDR
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Exterior Features:Natural Shade, Outbuilding, Patio
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:500 Sqft
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Waterview:No
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Waterfront:No
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Water Body Access:No
Listing Agent
- Contact info:
- Office phone:
- (603) 610-8500
Taxes
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Taxes TBD:Yes
Beds
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Total 2 Bedroom Units:20
Baths
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Total Full Baths:20
The Listing
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Price Per SqFt:260.33
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Propane, Hot Water, Individual
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Total Heat Units:20
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Total Water Heaters:8
Utilities
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Utilities:Cable
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Separate Utilities:Yes
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Sewer:Septic
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Electric:200 Amp, Circuit Breaker(s)
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Water Source:Private
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Total Gas Meters:20
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Total Electric Meters:20
Appliances
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Total Refrigerators:20
Schools
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School District:Timberlane Regional
The Community
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Association Amenities:Coin Laundry
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Covenants:No
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Easements:No
Parking
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Parking:Assigned, On-Site, Other, Parking Spaces 21+, Paved, Visitor
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/1/25
Jul 1, 2025
|
Listed / Active | PRIME_MLS | $4,600,000 |
