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Prime Location + Newly Renovated! Nestled on the banks of the Lamprey River, this completely renovated multi-family property offers six units of turnkey, self-contained 2-bedroom apartments. The entire building underwent an extensive rehab with new electrical service, wiring, and plumbing throughout, along with new kitchens, bathrooms, flooring and painting renovations. Fully leased, the property is in stellar condition with a few units that include parking. Despite being in the midst of the charming, hustle-bustle of downtown, equipped with restaurants & cafes, breweries, outdoor events, shopping, the location provides a sense of peace of being tucked away from it all. Newmarket, voted one of HGTV's 'most charming small towns in America', is a rapidly expanding community. With rentals in high demand, population growing at a rate of 3.4%, and median household income at $104,727, this offering is an attractive investment for long-term investors. Living in Newmarket, known for its beautiful landscapes and scenic hiking trails, particularly, the Lamprey River Trail and Rockingham Rail Trail, tenants will be a mere 25 minutes to the City of Portsmouth, within an hour to Boston, and have easy access to international airports. A must see for wise investors - call me for immediate showings. OH on Saturday, July 29th & Sunday, July 30th 10:00 - 12:00 PM.

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Tax Information

  • Tax Year2022

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1st
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2nd
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location3rd
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location1st
  • Unit 4 Total Rooms4
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • # of 2 Bedrooms6
  • Bathroom6
  • Total Baths6
  • BasementDirt Floor, Unfinished, Stairs - Basement
  • FoundationStone

Basic Information

  • StatusSLD
  • List Price$1,100,000
  • Date Price Change07/26/2023
  • MLS Number4962816
  • MLS StatusClosed
  • Sale Date10/06/2023

Property

  • Acreage0.05
  • Parking Spaces
  • Lot DescriptionSidewalks, Street Lights
  • Square Feet5,353
  • APX Fin AG Sqft5,353
  • RoadsPublic
  • AreaBusiness District, Historic District, In Town, Near Shopping, Village

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard
  • WaterPublic
  • Water HeaterOn Demand
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesHigh Speed Intrnt -AtSite, Internet - Cable

Location

  • TownNewmarket
  • StateNH
  • Zip03857
  • CountyRockingham
  • ZoningM2
  • Elementary SchoolNewmarket Elem School
  • Junior HighNewmarket Junior High School
  • High SchoolNewmarket Senior HS
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt
  • Exterior ColorBeige

Amenities

  • PricePerSqFt205.49

Water Body

  • Water AccessNo
  • Water ViewNo

Other

  • Taxes$11,163
  • Seasonal Y/NNo
  • Date Listed07/26/2023
  • Unit 1 Deposit$1,700
  • Unit 2 Rent Amount$1,675
  • Unit 3 Rent Amount$1,400
  • Unit 4 Rent amount$1,700
  • Unit 5 Rent amount$1,650
  • View Count13

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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 July 18, 2024 11:38 PM EDT

 

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