46 MAIN STREET Somersworth, NH 03878 | Multi-Family

$925,000

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5380 sqft.
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Keller Williams Realty-Metropolitan

Description

Solid cash flow in this nine (9) unit, brick multifamily on Main Street in Somersworth consisting of 7- 1 BRs and 2-2 BRs. This building has been held as a family investment for over 5 decades and is now available to purchase. The building has a new boiler (2018), updated roof, plenty of parking, coin-op laundry, newly sealed brickwork and common area renovation. Long-term tenants with room to increase rent levels to reflect current market conditions. Units have been updated and upgraded at the time of turnover. Easy to self-manage. Broker Interest.

Property Details

List Price $989,000 Sold Price $925,000 List Date 2022-07-01 Sold Date 2022-08-08 MLS ID 4918788 Status Closed Property Type Multi-Family County NH-Strafford Days on Market 6

structure

AG Finished Area 5380.0 basement No cooling None foundation details Concrete garage y n No heating Hot Water living area 5380.0 living area units Square Feet new construction Existing Parking Features Paved roof Shingle stories 2 year built 1950

characteristics

Acres 0 lot size area 0.52 Lot SqFt 22651.0 lot size units Acres # of Units 9 road frontage type Public road surface type Public

tax

tax annual amount 10416.0 tax year 2021 zoning B

financial

gross income 106781.0 net operating income 67208.0 operating expense 39573.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 3:45:26 AM (UTC)