$750,000
PENDING

11 Spring St Newmarket, NH 03857

Estimated payment $4,943/month

Total Views 1,069
6 Beds
4 Baths
3,030 Sq Ft
$248 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • Mini Split Air Conditioners
  • Newmarket Elementary School Rated A-
  • High Speed Internet
  • 3-minute walk to Schanda Conservation Park

About This Home

Investor opportunity in the heart of charming Newmarket! 11 Spring Street is a recently renovated 4-unit multifamily property featuring two spacious 2-bedroom units and two 1-bedroom units—perfect for owner-occupants or savvy investors looking to expand their portfolio. Some recent improvements include cosmetic renovations to all four apartments, electrical and plumbing upgrades, multiple water new heaters, and a brand new roof. The property provides ample off-street parking with a small side yard nestled in a quiet neighborhood. Situated on a corner lot, the location is unbeatable—just a short walk to Main Street Newmarket’s shops, restaurants, and waterfront. Tenants enjoy easy access to the University of New Hampshire, Route 108, and a quick commute to Portsmouth and Dover. One 2-bedroom apartment will be vacant at time of sale allowing for an owner-occupant to call this their own. Whether you're looking for strong rental income, owner-occupancy with rental support, or a turnkey investment in a high-demand rental market, this property checks all the boxes. Owner is a licensed New Hampshire real estate salesperson.

Listing Agent

Matt Lefebvre

Downtown Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • Built in 1900

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking
  • 6 to 12 Parking Spaces

Utilities

  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Separate Meters
  • Underground Utilities
  • High Speed Internet

Additional Features

  • 4,792 Sq Ft Lot
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 44
  • Assessor Parcel Number U2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Route 108 to Elm Street, left on Spring Street
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Architectural Style: Colonial, Multi-Family
  • Road Frontage Type: Paved, Public
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 3030.0
  • Unit Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Metal, Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Exterior
  • Waterfront: No
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Spaces 5 - 10

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Hot Water
  • Cooling: None, Mini Split
  • Utilities: Gas - Underground
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: M2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9413.5
  • Tax Block: 44
  • Tax Lot: 0
  • Tax Map Number: U2

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Pending -- -- --
04/12/2025 04/12/25 Off Market $750,000 -- --
04/08/2025 04/08/25 For Sale $750,000 -- $248 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5035288

PrimeMLS