Multi-Family for Sale: 13-15 Summer Street, Somersworth, NH 03878

4 full baths
3,099 sqft
$655,000
$655,000
13-15 Summer Street, Somersworth, NH 03878
4 full baths
3,099 sqft
$655,000
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Price:
$655,000
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Type Multi-Family
Style Colonial
Total Baths 4 full baths
Square Feet 3,099 sqft
Lot Size 0.10 acres
Year Built 1912
Taxes Paid $6,750
City Somersworth
County Strafford
MLS 4960021
Status Active
DOM 502 days
13-15 Summer Street is 3,099± SF and consists of three newly renovated units with a total of 8 bedrooms and 4 bathrooms. Two units have been leased at market rates; the last unit is reserved vacant for an owner-occupier, but could be delivered leased. Located in high-demand downtown Somersworth, near Route 16/Spaulding Turnpike with easy access to the Seacoast, the Lakes Region, and the state of Maine. Property is positioned in an Opportunity Zone, which may offer investor incentives. Projected cap rate of up to 8.7% with the third unit leased. Offering Memorandum is available upon signing of NDA attached to the flyer.

Lot & Building Features

Appliances Water Heater – Electric
Utilities Other
Construction Vinyl Exterior, Wood Frame
Cooling None
Heat Source Oil
Heating Hot Water
Parking Description Detached, Off Street, Garage
Sewer Public
Tax Year 2023
Taxes Paid $6,750
Water Public
Basement Description Unfinished
Foundation Concrete
Lot Description Level
Roof Shingle - Asphalt
Garage Yes

Price History of 13-15 Summer Street

Date Name Price Difference
07/05/2023 Listing Price $655,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$578,000
$188 / sqft
Average
$578,000
$188 / sqft
High
$578,000
$188 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Somersworth 03878 0 4.0 $655,000 3,099 $211 N/A
234 High Street Somersworth 03878 6 4.0 $578,000 3,072 $188 07/22/2024

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Map of 13-15 Summer Street, Somersworth, NH

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Photo of Wendy McHugh
Wendy McHugh
Realtor
Direct: 603-986-6831
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Colliers International, Andrew Ward & Tim Braseth
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1.030534351145%
6.75%
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13-15 Summer Street (MLS #4960021) is a multi-family listing located in Somersworth, NH. This multi-family listing is 3,099 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 112 years old. This property was listed on 10/24/2024 and has been priced for sale at $655,000.

The 6 bedroom multi-family listing at 234 High Street in Somersworth is nearby and sold for $578,000 on 07/22/2024.

Nearby zip codes are 03820, 03869 5029, 03869, 03878 4411 and 03901. This property neighbors other cities such as Berwick, Dover, Rochester, Rollinsford and South Berwick.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Colliers International

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 11/18/2024