20-Unit Garden-Style Rental Apartment Community

For Sale

3-4-5 Shady Ln, Plaistow, NH 03865

This Plaistow property for sale is located at 3-4-5 Shady Ln. The current listed sale price for 20-Unit Garden-Style Rental Apartment Community is $4,600,000. 20-Unit Garden-Style Rental Apartment Community is situated on a lot that is 0.54 acre in size.

Contacts

broker
Viktoria Alkova

Keller Williams Coastal Realty

Property Details

  • Property Type Multi-Family
  • Property Size 17,670 SF
  • Units 20
  • Lot Size 0.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1996
  • Date Updated Jul 2, 2025
Explore the charm of the Plaistow neighborhood surrounding this multifamily property. Nestled in a peaceful, residential area, residents will enjoy easy access to local parks, playgrounds, and walking trails, offering a perfect balance of tranquility and recreation. Nearby conveniences include shopping centers, dining options, and community services, providing all the essentials within reach. With its close-knit community and family-friendly atmosphere, this location is an attractive prospect for low-rise/garden multifamily investors seeking to offer residents a comfortable and connected lifestyle in a serene setting.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 with a 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 tenants 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 tenant's convenience.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Attractive Unit Mix: Spacious Two- and Three-Bedroom Layouts
  • Flexible Tenant Structure: Mostly Month-to-Month Leases
  • Individually Metered Utilities: Separate Electric & Gas (Heat) for Each Unit
  • Prime Location with Excellent Commuter Access
  • Recent Capital Improvements: New Kitchens, Replacement Windows & Roof
  • Significant Value-Add Opportunity: 50%+ Below Market Rents
  • Strong Occupancy History: Proven, Stable Rental Income & Demand Year Round

Getting around

  • 31/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Plaistow, NH
  • Zip Code 03865
  • Market Boston

Points of Interest

  • World Gas

    2.93 miles

  • Exxon

    3.27 miles

  • Citgo

    3.38 miles

  • Irving

    3.45 miles

  • Premium Gas

    5.01 miles

  • B&H Oil Company

    5.52 miles

  • Gulf

    5.61 miles

  • B&H Oil

    5.70 miles

  • Mobil

    5.73 miles

  • ChargePoint

    8.15 miles

  • Hampstead Park & Ride

    3.51 miles

  • Green Road Boat Launch

    3.89 miles

  • Canoe/Kayak Launch Parking

    5.00 miles

  • Parking for Danville Town Forest

    5.82 miles

  • Colby Pond and Trail Parking

    5.98 miles

  • Tucker & French Parking

    6.37 miles

  • Windham Town Forest Trails Parking

    7.82 miles

  • Split Rock Parking

    8.21 miles

  • Stillmeadow Bed & Breakfast

    6.44 miles

  • Manor Motel

    7.71 miles

  • Park View Inn

    7.99 miles

  • Red Roof Inn

    8.45 miles

  • Holiday Inn Salem

    8.83 miles

  • La Quinta Inn & Suites Salem NH

    8.87 miles

  • Robert Frost Motor Inn

    9.16 miles

  • Walmart

    1.79 miles

  • Market Basket

    2.00 miles

  • Kohl's

    2.08 miles

  • ALDI

    2.39 miles

  • Shaw's

    2.45 miles

  • Hannaford

    3.38 miles

  • Walmart Supercenter

    7.52 miles

  • McKinnon's Market

    7.68 miles

  • Target

    8.17 miles

  • Tuscan Market

    8.18 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Viktoria Alkova

Keller Williams Coastal Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.