13-15 Summer ST Under Contract

Somersworth,NH 03878

$ 655000

- Bed

- Bath

3099 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,099 sqft

Price per Sqft $211

MLS Listing ID 4960021

Year Built 1912

Annual Tax Amount $6,750

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

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.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning R3

Rooms

Basement Entrance Interior

Interior

Cooling None

Exterior

Garage Spaces 2.0

Garage Description Detached,Garage,Off Street

Utilities Available Other

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Concrete

Sewer Public

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