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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
    : 
    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
    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.
    16 days
    on Zillow
    |
    1,994
    |
    77
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    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#: 5035853MLS Logo
    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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