NOT LISTED FOR SALE

193 S Main St Newmarket, NH 03857

8 Beds
6 Baths
4,395 Sq Ft
0.48 Acres

Last Sold December 28, 2018

Last sale price $600,000 $137 Per Sq Ft

9 Days on Market

Highlights

  • Zoned Heating
  • Baseboard Heating
  • High Speed Internet
  • Newmarket Elementary School Rated A-
  • ENERGY STAR Qualified Windows
  • Carpet

About This Home

As of December 2018

INVESTORS TAKE NOTICE!! This 6 unit multi family is located close to the newly revitalized downtown area of Newmarket. The building consists of 4-1 bedroom units and 2-2 bedroom units. This property has a total of 4395 sq. ft. of living space, two laundry areas for tenants use, 2 to 3 paved parking spaces per unit with additional land for more parking or expansion. Each unit consists of 1 full bath, eat-in kitchen and comfortable living area. Two units have private decks and a shared yard is available for tenants use. This building has a great rental history, all units fully rented with one year leases. Owner has taken meticulous care of this impressive piece of property. Don't miss out on this one!! Call today to make an appointment to view this potential investment. More pictures coming, once available.

Last Agent to Sell the Property

Robert Mastin

KW Coastal and Lakes & Mountains Realty License #067501 Listed on: 11/06/2018

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Susan Love

Duston Leddy Real Estate License #070803

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,734

Year Built

  • Built in 1900

Lot Details

  • 0.48 Acre Lot
  • Lot Sloped Up

Home Design

  • Converted Dwelling
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,395 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Window Screens

Flooring

  • Carpet
  • Laminate

Basement

  • Walk-Out Basement
  • Dirt Floor
  • Basement Storage

Parking

  • 1,120 Car Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Newmarket Elementary School
  • Newmarket Junior High School
  • Newmarket Senior High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Liquid Propane Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block P-00084 / 26
  • 27% Total Tax Rate

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Gas Meters
  • Gross Income $62,820

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,734

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: From downtown Newmarket, take Route 152 for 3 tenths of a mile. Property is on the left. Sign on the property.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 136.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5439
  • Sq Ft - Apx Total Finished: 4395
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: INVESTORS TAKE NOTICE!! This 6 unit multi family is located close to the newly revitalized downtown area of Newmarket. The building consists of 4-1 bedroom units and 2-2 bedroom units. This property has a total of 4395 sq. ft. of living space, two laundry areas for tenants use, 2 to 3 paved parking spaces per unit with additional land for more parking or expansion. Each unit consists of 1 full bath, eat-in kitchen and comfortable living area. Two units have private decks and a shared yard is available for tenants use. This building has a great rental history, all units fully rented with one year leases. Owner has taken meticulous care of this impressive piece of property. Don't miss out on this one!! Call today to make an appointment to view this potential investment. More pictures coming, once available.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Dirt Floor, Insulated, Storage Space, Walkout
  • Sq Ft - Apx Finished AG: 4395
  • Sq Ft - Apx Unfinished BG: 1044

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Fieldstone, Pier/Column
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Features Exterior: Window Screens, Windows - Energy Star

Garage/Parking

  • Parking: Driveway, Parking Spaces 11 - 20, Paved

Utilities

  • Cable Company: Comcast
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Eastern Propane
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle, Owned
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Air, Hot Water, Multi Zone
  • Electric Company: Eversource
  • Phone Company: Comcast
  • Separate Utilities: Varies
  • Total Electric Meters: 7
  • Total Gas Meters: 7
  • Total Heat Units: 3
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Dumpster, Recycle
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Restrictions: # of Occupants, Pets - None, References, Smoking - No

Schools

  • School District: Newmarket SAU #31
  • Elementary School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • Elementary School: Newmarket Elem School
  • High School: Newmarket Senior HS

Lot Info

  • Map: U4
  • Lot: P-00084
  • Lot Sq Ft: 20909
  • Lot Acres: 0.48
  • Lot Description: Major Road Frontage, Rental Complex, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: M3
  • Deed Book: 3202
  • Deed Page: 1001
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 62820
  • Total Units: 6
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 26.74
  • Tax Gross Amount: 12734
  • Tax Year: 2018

MLS Schools

  • School District: Newmarket SAU #31
  • School Middle Jr: Newmarket Junior High School

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 List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $600,000 0.0% $137 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $599,900 -- $136 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4726696

PrimeMLS