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5 Chapel Street is a 6,885± SF building located on 0.78± acres. It consists of 14 units with over 75% of them having been recently renovated. Other improvements include a new sewer line and upgrades to the on-site laundry. Great location in the heart of downtown Newmarket. 5 Chapel Street is also being offered as a part of a portfolio sale. The portfolio also includes MLS Listings 4982106, 4982096, and 4982101. The portfolio sale price is $10,665,000, the NOI is $839,512, and the Cap Rate is 7.87%. Showings begin starting 1/18/2024.

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1835
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units14
  • # of 1 Bedrooms12
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • BasementOther
  • FoundationConcrete

Amenities

  • PricePerSqFt395.79

Basic Information

  • StatusACT
  • List Price$2,725,000
  • Date Price Change01/12/2024
  • MLS Number4982102
  • MLS StatusActive

Property

  • Acreage0.78
  • Parking Spaces
  • Lot DescriptionCity Lot, Other
  • Square Feet6,885
  • APX Fin AG Sqft6,885
  • RoadsPaved

Other

  • Taxes$22,572
  • Seasonal Y/NNo
  • Date Listed01/12/2024
  • Date Showings Begin2024-01-18
  • View Count1

Location

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

Exterior

  • ExteriorWood Siding
  • RoofShingle, Shingle - Asphalt

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemHot Water
  • WaterPublic
  • Water HeaterOther
  • ElectricOther
  • SewerPublic
  • UtilitiesOther

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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 5:37 AM EST

 

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