NOT LISTED FOR SALE

183 Main St New Market, NH 03857

9 Beds
5 Baths
3,297 Sq Ft
10,019 Sq Ft Lot

Last Sold November 28, 2022

Last sale price $1,050,000 $318 Per Sq Ft

14 Days on Market

Highlights

  • Landscaped
  • Hot Water Heating System
  • 3-minute walk to Schanda Conservation Park
  • Newmarket Elementary School Rated A-
  • High Speed Internet

About This Home

As of November 2022

Quintessential New England 5 unit multifamily property located just on the edge of bustling downtown Newmarket. Every apartment has been remodeled top to bottom and features updated kitchens, washer/dryer hookups, and modern layouts. Comprised of a nice mix of one 1-bedroom unit, two 2-bedroom, 1-bath units, and two spacious, townhouse-style 2-bedroom, 2 bath units. This property has been carefully self-managed for almost a full decade. With separate utilities, long-term tenants, and almost no maintenance, managing this building will be a breeze. Don't forget about the large parking lot, long-lasting vinyl siding, and a brand new sewer line to boot! This building allows you to capture premium rents making this investment a great option for your next buy-and-hold or 1031 exchange! P&L attached includes current rents and expenses. 48-hour notice to show required as building is fully occupied. Please do not disturb tenants.

Last Agent to Sell the Property

Jessica Stevenson

Sopris License #072410 Listed on: 08/05/2022

Last Buyer's Agent

Mary Merkley

Portside Real Estate Group License #002511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,697

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Gross Income $101,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,697

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Assessment Amount: 595500
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 318.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5461
  • Sq Ft - Apx Total Finished: 4929
  • Year Built: 1890
  • List Agent: 281160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3297
  • Sq Ft - Apx Finished BG: 1632
  • Sq Ft - Apx Unfinished BG: 532

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Owned
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Dumpster
  • Utilities: High Speed Intrnt -Avail

Lot Info

  • Map: 000
  • Lot: 000
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: Landscaped
  • Surveyed: Unknown
  • Zoning: M2
  • Deed Book: 5512
  • Deed Page: 0076
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 101400
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 15697
  • Tax Year: 2021

MLS Schools

  • School District: Newmarket SAU #31

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $1,050,000 -4.5% $318 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,100,000 +105.2% $334 / Sq Ft
02/07/2014 02/07/14 Sold $536,000 -10.5% $135 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $599,000 -- $151 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jessica Stevenson

    Seller's Agent in 2022

    Jessica Stevenson

    Sopris

    (781) 801-3857

    1 in this area

    148 Total Sales

    Jessica Stevenson
    Section Image
  • Mary Merkley

    Buyer's Agent in 2022

    Mary Merkley

    Portside Real Estate Group

    (603) 817-2373

    1 in this area

    24 Total Sales

    Mary Merkley
    Section Image

  • G

    Seller's Agent in 2014

    Gerry OConnell

    KW Coastal and Lakes & Mountains Realty/Dover

    (603) 610-8500

    7 in this area

    42 Total Sales

    Gerry OConnell
    Section Image
  • Karen Giaquinto

    Buyer's Agent in 2014

    Karen Giaquinto

    Keller Williams Gateway Realty

    (603) 548-9434

    23 Total Sales

    Karen Giaquinto
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4924206

PrimeMLS
New Hampshire Rockingham County Newmarket 03857

183 Main St, Newmarket, NH

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