Multi-Family for Sale: 16-20 Central Street, Somersworth, NH 03878 SOLD

8 beds
3 full baths
3,160 sqft
$525,000
$525,000
16-20 Central Street, Somersworth, NH 03878 SOLD
8 beds
3 full baths
3,160 sqft
$525,000
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Selling Price: $525,000
Original List Price: $459,900
Sold at 114.2% of list price
Sold Date: 09/22/2023

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Type Multi-Family
Beds 8
Total Baths 3 full baths
Square Feet 3,160 sqft
Lot Size 0.12 acres
Year Built 1890
City Somersworth
County Strafford
MLS 4964907
Status Closed
DOM 6 days
Turnkey 3-unit property in one of the Seacoast's strongest rental markets. This building features a new boiler in 2021, low-maintenance siding, updated electrical, spacious apartments, and separate entrances for each tenant. Two units are currently vacant for your convenience -- rent them out for an easy cap rate over 9% or owner-occupy and let the other two units pay your mortgage. The driveway can fit multiple cars side-by-side and there's even a small backyard to enjoy. Broker interest. All offers due by 8/15 at 12pm. Seller reserves the right to accept an offer prior to offer deadline.

Lot & Building Features

Utilities None
Cooling None
Heat Source Oil
Heating Baseboard, Hot Water
Parking Description Driveway, Parking Spaces 1 - 10
Sewer Public
Tax Year 2022
Basement Description Unfinished
Foundation Stone
Roof Shingle
Features Exterior Deck, Porch - Covered
Garage No

Unit Features

Unit 1 Apx Sqft 900
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included, Window Treatments, Refrigerator, Range - Electric, Laundry Hookup, Heat Included, Dishwasher
Unit 1 Level Number 1st
Unit 1 Rental Agreement No
Unit 1 Rooms 6
Unit 1 Status Vacant
Unit 1 Tenant Pays Electric, Hot Water
Unit 2 Apx Sqft 1160
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Appliances Included, Window Treatments, Skylight, Refrigerator, Range - Electric, Laundry Hookup, Heat Included, Dishwasher, Deck, Ceiling Fan
Unit 2 Level Number 2/3
Unit 2 Rental Agreement No
Unit 2 Rooms 5
Unit 2 Status Vacant
Unit 2 Tenant Pays Electric, Hot Water
Unit 3 Apx Sqft 1100
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Window Treatments, Refrigerator, Range - Electric, Laundry Hookup, Heat Included, Deck, Ceiling Fan
Unit 3 Lease Term Month to Month
Unit 3 Level Number 2/3
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1600.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Hot Water

Price History of 16-20 Central Street

Date Name Price Difference
08/15/2023 Price Adjustment $525,000 14.16%
08/09/2023 Listing Price $459,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 16-20 Central Street, Somersworth, NH

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Inquire about this property

Photo of Terri Brunette
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by KW Coastal and Lakes & Mountains Realty, Evan Cochran & Franco DiRienzo
Sold by Allen Family Real Estate, Michael Allen
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6.75%
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Listing information courtesy of: KW Coastal and Lakes & Mountains Realty

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 10/04/2024