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Bought with Tiffany Semprini with The Aland Realty Group and Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081
10 Baths
5,136 sqft

$5,190,000

409 The Hill Unit: 409, Portsmouth NH, 03801

Price per sqft$1,010.51
Built in1809
Property size5,136 sqft
Property typeCommercial

Overview

Sold

Listed Apr 10, 2025

Updated Jun 9

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.

Additional information

MLS® ID
5035852

Interior Features

Bathrooms
10
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$28,658
Tax Frequency
Annually
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Bought with Tiffany Semprini with The Aland Realty Group and Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081

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