This listing courtesy of Nick Gray , Gray Property Group, LLC
$3,750,000

34 Ponemah Hill Road, Milford, NH 03055

  • 9 baths |
  • 18,468 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $203/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turn-key, fully occupied 9-unit townhouse-style investment property built in 2021 and located in a desirable Milford setting. The asset consists of 9 individually deeded condominium units that have been professionally operated as a single multifamily investment for the past 4 years. Although each unit is separately deeded, no formal condominium association is currently in place, giving a buyer flexibility to either continue operating as a traditional multifamily asset or complete the condominium documentation and pursue individual unit sales over time. Each unit offers 2 bedrooms, 1.5 bathrooms, and ~1,296–1,440 finished square feet across a 3-level layout. The main living level features high ceilings, large windows, and an open-concept design. Kitchens include shaker-style cabinetry, granite countertops, subway tile backsplashes, and stainless steel appliances with gas ranges. Upstairs, spacious bedrooms offer generous closet space and are complemented by well-appointed bathrooms with double vanities. Additional features include in-unit washer and dryer, private backyard patios, and unfinished full basements with bulkhead access for storage. The property benefits from an efficient expense structure, with tenants separately metered for water and sewer, natural gas, and electricity. Surface parking is ample, with 2 assigned spaces per unit. Current average rents are ~$2,750/unit/month, totaling ~$297,000 in annual scheduled revenue. Net operating income for 2025 was ~$172,000, net of all expenses including professional management. Located just off NH-101A and minutes from the Milford Oval, the property offers convenient access to shopping, dining, Manchester-Boston Regional Airport, and the Greater Boston market. With 2021 construction, low-maintenance design, a favorable utility structure, and multiple paths to monetization, 34 Ponemah Hill Road presents a rare opportunity to acquire a newer vintage, scaled asset with durable income and embedded upside.

Listing Status:
Active
Date Added:
March 22, 2026
Data Last Updated:
May 26, 2026 at 8:01AM
Listing Office:
Gray Property Group, LLC : 603-637-4812
Listing Agent:
Nick Gray : 603-637-4812 : ngray@graypropertygroup.com
MLS ID:
5080258
  • Basement: Concrete FloorInterior AccessBasement Stairs
  • Flooring: Vinyl Plank
  • A/C: Central AC
  • Heating: Forced AirGas Heater
  • Style: Townhouse
  • Roofing: Asphalt Shingle
  • General: Vinyl SidingConcrete
  • Road/Access: PavedPublic
  • County: Hillsborou
  • Driveway: None
  • Zoning: Residential A
  • Current Use: None
  • Utilities: Cable at SiteGas On-Site
  • Water: Public
  • Sewer: Public

This listing courtesy of Nick Gray , Gray Property Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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