Property Details
Basic Information
- Property Type: Single Family
- Property Style: Colonial
- MLS Number: 5084567
- List Price: $649,000
- Lot Description: City Lot, Sidewalks
- Date Listed: 04/21/2026
- Virtual Tour: Virtual Tour
- Description: Assumable FHA loan at 3.5% on ~$254K - saving the buyer $466 per month, over $167,000 in interest over the life of the loan. This fully furnished, turnkey income-producing colonial sits right around the corner from Plymouth State University and the charming town center, nestled at the gateway to the White Mountains and Lakes Region. Currently operating as a proven student and young professional rental with an established rent roll, this expansive 5-bedroom, 2 full bath 1907 colonial offers 2,745 sq ft across three floors plus a 1,218 sq ft unfinished basement on 0.27 acres. Original coffered ceilings, corner fireplace, a light-filled sun-room and classic farmer's porch round out a property that is as livable as it is lucrative. Over $110,000 in documented capital improvements since 2022: full roof replacement; 200-amp panel upgrade; 36 new energy efficient windows; comprehensive kitchen remodel including new stainless appliances; two hyper heat pump systems; new water heater; two updated full bathrooms; refinished hardwood floors; fenced yard with patio and fire pit; newly paved driveway. A rare zoning advantage - grandfathered legal nonconforming use confirmed by FHA-certified appraiser and Plymouth Building Inspector in 2022. With a stabilized NOI of $66,300 and a 10.2% CAP rate, this home is priced $183K below the certified rebuild cost of $832K. The detached 3-car garage and unfinished basement each represent potential significant ADU conversion opportunities - with the ability to expand into a multi-unit income asset, subject to permitting. 1031 exchange and investor inquiries welcome.
Building
- Acreage: 0.27
- Square Feet: 2,745
- Year Built: 1907
- Zoning: SFR
- Stories: 3
- Roof: Asphalt Shingle
- Building Construction: Vinyl Siding
- Foundation: Fieldstone
Location
- County: Grafton
- Town: Plymouth
Finance
- Taxes: $7,631
Interior Features
Bedrooms
- Bedrooms: 5
Bathrooms
- Bathrooms: 2
- Full Baths: 2
Basement
- Basement: Concrete Floor, Unfinished
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable Available
- Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Tank Water Heater
Community
Schools
- Elementary School: Plymouth Elementary School
- High School: Plymouth Regional High School
Amenities
- Amenities: Air Conditioner, CO Detector, Battery Smoke Detector
- Other Amenities: Basement, Fireplace
Other Details
Water
- Water: Public