5 Baths

$1,190,000

3 Pearl St, Plymouth NH, 03264

Price per sqftN/A

Built in1890

Property typeCommercial

Overview

Active

Listed Jun 2, 2026

Updated 6 days ago

Turnkey high-cash-flow business & real estate opportunity leased through May 2027. This legal 5,500+ SF 16-bedroom, 5.5 bath property is currently operating as a student rooming house. The property offers strong in-place income, consistent occupancy history, & an estimated Cap Rate of 10+%. Private furnished bedrooms designed for efficient shared living. 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. Acquire a stabilized, fully operational housing asset with strong rental demand, modern building systems, and low lift property management with remote systems in place.

Additional information

MLS^® ID: 73528176

Interior Features

Bathrooms: 5
Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $10,738
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by The Commercial Group with Aluxety

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Data last updated 4:12 AM UTC, 10/2/2026