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!


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

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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


Photograph of Listing Agent

Darlene Colwell-Ellis

KW Coastal Realty
NECPE Member
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