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 1870, the building was thoughtfully reimagined into a thriving boutique hotel, designed to accommodate short-term, mid-term, and long-term stays. Each of the 10 unique units includes a full kitchen 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 an investment—it’s a lifestyle with updates and upside... The property was purchased in 2018 and completely gutted to the studs / renovated in 2019 -- spray foam insulation in walls, all new wiring and plumbing, 3 Rinnai on-demand hot water heaters, fully sprinklered building.