34 Ponemah Hill Road
Milford, NH, 03055 $ 3,750,000
Baths0.0 Sq 12,096 Monthly Estimate*
$ 23,089
Listed by Nick Gray, Gray Property Group, LLC, 603-637-4812, ngray@graypropertygroup.com
Studio for $3,750,000. This 12,096 square foot home was built in 2021 on a lot size of 0.21.
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 ~1,296â1,440 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.
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FeaturesInteriorBasement Description Concrete Floor Interior Access Basement Stairs
Basement Yes
Flooring Vinyl Plank
Total Number of Units 9
Total Full Baths 9
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GeneralRoad Frontage Yes
Sewer Public
Heating Forced Air Gas Heater
Cooling Central AC
Utilities Cable at Site Gas On-Site
Roof Asphalt Shingle
Garage No
current use No
Flood Zone No
Zoning Residential A
Year Built 2021
Electric 100 Amp Service
Style Townhouse
Stories Count 2
Construction Status Existing
Tax Rate 23.67
Block 61
Net Income 171648
Assessment Amount 3079100
Auction No
Tax Year 2025
Gross Income 297000
Status Detail 0
Covenants No
Construction Materials Vinyl Siding
City Milford
Seasonal No
DOM 39
Price Per Sq Ft Total AG 310.02
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ExteriorLot Features Country Setting Landscaped
Driveway None
Water View No
Lot Size Area 0.21
Water Source Public
Foundation Concrete
Lot C
Waterfront Property No
Water Body Access No
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* Excluded FeaturesList ByGray Property Group, LlcBroker
ngray@graypropertygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,089
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Milford, NH
Average List Price $1,382,780
Percent of Sale Price 63%
About Milford, NH 15,693 Population
16% Since 2002
$ 72,899 Median Income
41.65 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2026 | $3,750,000 | | Listed Price |