38 Unit Somersworth Portfolio, Somersworth, NH

Property Description

Welcome to 38 Unit Somersworth Portfolio, a residential income in Somersworth, New Hampshire. The home offers 35,785 square feet of living space, listed at $6,600,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: 1824 construction and roughly $184 per square foot. See the listing's full details below, and reach out for a private showing of 38 Unit Somersworth Portfolio.

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.

Location Highlights

38 Unit Somersworth Portfolio is a residential income in Somersworth, New Hampshire, listed at $6,600,000. That works out to about $184 per square foot, for a home built in 1824. It has been on the market for 3 months.

At this latitude, Somersworth averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Property Details

Essentials & finishes