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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1907 | GARAGE SPACES | 3.0 |
| COUNTY | NH-Grafton | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Plymouth School District |
|---|---|
| Elementary School | Plymouth Elementary School |
| High School | Plymouth Regional High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Heater |
| BASEMENT | Concrete, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Heat Pump, Propane |
| INTERIOR | Walk-In Closet(s) |
| LOT | 0.27 acre(s) |
| LOT DESCRIPTION | City Lot |
| PARKING | Paved, Driveway, Garage, Off Street, Detached |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial |
| TAXES | 7631 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Data last updated 4/22/26 2:45 AM PDT
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