3 Unit Multifamily
Multi-Family
for Sale
| Catylist Listing ID: |
30843248 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
19 Units |
| Building Size (RSF): |
3,099 SF |
| Gross Land Area: |
4,517 SF
|
| Sale Price: |
See Agent |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Building Name: |
13-15 Summer Street |
| Usable Size (USF): |
3,099 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/25/2024 |
Overview / Comments
Newly renovated 3 unit multifamily for sale in downtown Somersworth, which is in an Opportunity Zone. Consists of three updated units with a total of 8 bedrooms and 4 bathrooms. Re-tenanting at market rates at time of listing. 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.
Offering Memorandum is available upon signing of the NDA on page 2 of the attached Flyer.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$6,750 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Submarket/Township: |
Dover/Rochester/Somersworth |
| Submarket Type: |
Central Business District |
| Tax ID/APN: |
09-236-0 |
| Zoning: |
R3 |
| Percent Occupied: |
100% |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
3 |
| Year Built: |
1912 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Exterior Description: |
3 story colonial-style house with 2 levels of full-length covered front porches. Vinyl siding, newer metal windows. |
| Parking Type: |
Structure, Surface |
| Parking Description: |
Garage parking for 2 cars with additional surface parking for 3 cars |
| Total Parking Spaces: |
5 |
| Sprinklers: |
None |
| Heat Type: |
Oil |
| Heat Source: |
Radiant |
| Fuel: |
Oil |
| Air Conditioning: |
Other |
| Zoning Description: |
Residential/Multi-Family (R-3) |
| Lot Frontage: |
52' |
| Lot Depth: |
90' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,907 |
22,804 |
55,838 |
| Median Age: |
34.23 |
38.59 |
38.13 |
| Households: |
2,824 |
9,178 |
22,749 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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