Own a premier, turnkey boutique hotel in the heart of downtown Portsmouth, NH. The Inn Downtown is a beautifully restored, 10-unit apart-hotel offering a seamless blend of classic New England charm and modern, urban living. Steps from Market Square and the city’s best dining, shopping, and waterfront attractions, this stylish retreat is a proven performer in one of New England’s most desirable and dynamic markets. Originally a historic multi-family built in 1809, the building was thoughtfully reimagined into a thriving boutique hotel, designed to accommodate nightly, short-term, and long-term stays. Each of the 10 unique units includes a full kitchen or kitchenette and private bath, with tasteful, timeless finishes and furnishings that create a warm and inviting atmosphere for guests. There are 4 Deluxe King Studio Apartments (400~ sqft) on the 1st floor, 4 Superior King Studio Apartments (500~ sqft) on the 2nd floor, and 2 Penthouse King Studio Apartments (600~ sqft) on the 3rd floor. The Inn Downtown has seen consistent occupancy and strong revenue, with rave guest reviews and a loyal following — inquire for historical income & expense reports. With walkability to every major downtown amenity, a short drive to the beaches, and easy access to Boston and Portland, this is not just a turnkey investment—it’s a lifestyle with upside.
Pending
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081,
Colby Coppage,
Compass New England, LLC
$5,350,000
409 The Hill UNIT 409, Portsmouth, NH 03801
--beds
--baths
5,136sqft
Est.:
Multi Family
Built in 1809
-- sqft lot
$5,134,000 Zestimate®
$1,042/sqft
$544/mo HOA
What's special
Full kitchen or kitchenettePrivate bath
- 16 days
- on Zillow |
- 1,994 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 01:41pm
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081,
Colby Coppage,
Compass New England, LLC
Source: PrimeMLS,MLS#: 5035853

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 10
Heating
- Forced Air, Mini Split
Cooling
- Wall Unit(s)
Features
- Basement: Gravel,No Tenant Access,Storage Space,Interior Access,Exterior Entry,Interior Entry
Interior area
- Total structure area: 6,960
- Total interior livable area: 5,136 sqft
- Finished area above ground: 5,136
Property
Parking
- Parking features: Paved
Features
- Levels: 3
Lot
- Features: Landscaped
Details
- Zoning description: CD4-L1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Clapboard Exterior
- Foundation: Fieldstone
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1809
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Internet - Cable
Community & HOA
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Plowing, HOA Fee
- HOA fee: $544 monthly
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $1,042/sqft
- Annual tax amount: $28,658
- Date on market: 4/11/2025
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