38 Unit Somersworth Portfolio, Somersworth, NH
Residential Income
Listed by Horvath & Tremblay LLC · William Peck
Property Description
The Portfolio at 17-31 Market Street, 62 Green Street, and 260 Main Street contains thirty-eight (38) units consisting of three (3) 3-Bedroom/1-Bathroom units, twenty-eight (28) 2-Bedroom/1-Bathroom units, and seven (7) 1-Bedroom/1-Bathroom units with 35,785 square feet of gross living area in 49,680 square feet of gross area. The Property is on a combined 1.32 acres of land and features over thirty-eight (38) parking spaces between the Properties. 260 Main Street is a two-story building containing twelve (12), 2-Bedroom/1-Bathroom residential units with 9,936 square feet of living area in 15,062 square feet of total gross area on a 0.53-acre parcel. The Property is separately metered for electricity, gas fired heat, and electric hot water which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. The Property includes twenty-four (24) off-street parking spaces. 62 Green Street is a three-story building containing fourteen (14) residential units consisting of four (4), 1-Bedroom/1-Bathroom units, six (6), 2-Bedroom/1-Bathroom units, and two (2), 3-Bedroom/1-Bathroom units with 11,861 square feet of living area in 16,565 square feet of total gross area on a 0.11-acre parcel. The Property is separately metered for electricity which the tenants pay directly. The Landlord is responsible for common area electric, gas fired heat and hot water, and domestic water and sewer. 17-31 Market Street is comprised of three (3) three-story buildings containing twelve (12) residential units consisting of three (3), 1-Bedroom/1-Bathroom units, ten (10), 2-Bedroom/1-Bathroom units and one (1), 3-Bedroom/1-Bathroom unit with 13,988 square feet of living area in 18,053 square feet of total gross area on a 0.69-acre parcel. The Properties are separately metered for electricity which the tenants pay directly. The Landlord is responsible for common area electric, gas fired heat and hot water, and domestic water and sewer.
Property Details
Essentials & finishes
- SqFt:35,785
- Price / SqFt:$184.43
- Property Type:Residential Income
- Year Built:1824
- County:NH-Strafford
- Town:Somersworth, NH
- Status:Active
- Days on Market:35
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $112,200 |
| 2023 | $109,395 |
| 2022 | $106,590 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Somersworth29
- Average list price$489,508
- Price range$124,900 – $1,049,000
- Market sentimentBuyer's Market
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- Principal & Interest$33,373
- Property Tax$9,350
- Home Insurance$1,375
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 29 active · 0 sold in Somersworth (last 90 days)
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