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Quintessential New England 5 unit multifamily property located just on the edge of bustling downtown Newmarket. Every apartment has been remodeled top to bottom and features updated kitchens, washer/dryer hookups, and modern layouts. Comprised of a nice mix of one 1-bedroom unit, two 2-bedroom, 1-bath units, and two spacious, townhouse-style 2-bedroom, 2 bath units. This property has been carefully self-managed for almost a full decade. With separate utilities, long-term tenants, and almost no maintenance, managing this building will be a breeze. Don't forget about the large parking lot, long-lasting vinyl siding, and a brand new sewer line to boot! This building allows you to capture premium rents making this investment a great option for your next buy-and-hold or 1031 exchange! P&L attached includes current rents and expenses. 48-hour notice to show required as building is fully occupied. Please do not disturb tenants.

More Info

Tax Information

  • Tax Year2021

Building

  • Year Built1890
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 StyleGarden
  • Unit 3 Bath2
  • Unit 3 Bedrooms2
  • Unit 3 StyleTownhouse
  • Unit 4 Bath2
  • Unit 4 StyleTownhouse
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • # of 1 Bedrooms1
  • # of 2 Bedrooms4
  • Bathroom5
  • Total Baths5
  • BasementUnfinished
  • FoundationStone

Basic Information

  • StatusSLD
  • List Price$1,100,000
  • Date Price Change08/05/2022
  • MLS Number4924206
  • MLS StatusClosed
  • Sale Date11/28/2022

Interior

  • APX Fin Below Grade1,632

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt
  • Exterior ColorMimosa

Amenities

  • PricePerSqFt318.47

Water Body

  • Water AccessNo
  • Water ViewNo

Other

  • Taxes$15,697
  • Seasonal Y/NNo
  • TrashDumpster
  • Date Listed08/05/2022
  • Unit 1 Deposit$1,750
  • Unit 2 Rent Amount$1,450
  • Unit 3 Rent Amount$1,800
  • Unit 4 Rent amount$1,800
  • Unit 5 Rent amount$1,450
  • View Count11

Location

  • TownNewmarket
  • StateNH
  • Zip03857
  • CountyRockingham
  • ZoningM2
  • Flood Zone Y/NNo

Property

  • Acreage0.23
  • Parking Spaces
  • Lot DescriptionLandscaped
  • Square Feet4,929
  • APX Fin AG Sqft3,297
  • RoadsPublic

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemHot Water
  • WaterPublic
  • Water HeaterOff Boiler, Owned
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesHigh Speed Intrnt -Avail

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 26, 2024 6:37 AM EST

 

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