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409 The Hill, 
Portsmouth, NH 03801

$5,350,000


Bed


Bath


5,136

Sq Ft


Multi-Family

Pending

Listed by

Sean Bakhtiari

Colby Coppage

Compass New England, LLC.

6164

978-248-8081

Last updated:

April 27, 2025, 07:14 AM

MLS#

5035853

Source:

PrimeMLS

About This Home

409 The Hill

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.

Home Facts

Multi-Family

Built in 1809

Price Summary

5,350,000

$1,041 per Sq. Ft.

MLS #:

5035853

Last Updated:

April 27, 2025, 07:14 AM

Added:

23 day(s) ago


Rooms & Interior

Interior

Living Area:

5,136 Sq. Ft.


Structure

Structure

Building Area:

6,960 Sq. Ft.

Year Built:

1809


Finances & Disclosures

Finances

Price:

$5,350,000

Price per Sq. Ft:

$1,041 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 3, 2025

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