Mixed Retail/Residential Building Downtown Somersworth
Multi-Family
for Sale
| Catylist Listing ID: |
30860316 |
| Property Subtypes: |
Mixed Use
|
| Number of Units: |
5 Units |
| Building Size (RSF): |
3,640 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$350,000 |
| Unit Price: |
$70,000 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/9/2023 |
Overview / Comments
|
Bring your own vision or use the current owners! Current owner had plans drawn up to turn this building into a stunning investment property. Plans include 4 residential units and 1 ground level retail space, as well as the future addition of 3 townhouse style units behind the current building. The large lot includes parking which is really valuable downtown. This building has been completely gutted and is ready to be transformed!
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$6,376 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
11-67-79E |
| Zoning: |
BH |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,615 |
22,804 |
57,129 |
| Median Age: |
33.49 |
38.59 |
38.57 |
| Households: |
1,895 |
9,178 |
23,009 |
|
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