NOT LISTED FOR SALE

33 Nichols Ave Newmarket, NH 03857

10 Beds
6 Baths
3,921 Sq Ft
8,276 Sq Ft Lot

Last Sold July 30, 2018

Last sale price $510,000 $130 Per Sq Ft

80 Days on Market

Highlights

  • Tankless Water Heater
  • Baseboard Heating
  • Level Lot
  • Newmarket Elementary School Rated A-

About This Home

As of July 2018

Call Nancy Kingston at 603 396-1046 to view this property. NEW LISTING! Great location! This 6 unit multi family is located in downtown Newarket on a dead end street. This property consists of 4 (2) bedroom apartments and 2 (1) bedrooms. Many updates to include vinyl siding and windows. Fully rented with great rental history and plenty of parking. $58,800 annual income. Walk to town to enjoy all Newmarket has to offer. Great restaurants, shopping, public transportation or boating in the Lamprey river with access to Great Bay.

Last Agent to Sell the Property

Nancy Kingston

KW Coastal and Lakes & Mountains Realty/Exeter License #050656 Listed on: 03/13/2018

KW Coastal and Lakes & Mountains Realty/Exeter

Last Buyer's Agent

Michael Allen

Allen Family Real Estate License #057751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,278

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 6 Full Bathrooms
  • 1.75-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • On-Site Parking

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 200+ Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 227

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $58,800
  • Net Operating Income $38,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,278

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Footprint: 52 x 32
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 175.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4576
  • Sq Ft - Apx Total Finished: 3921
  • Year Built: 1910
  • Remarks Public: NEW LISTING! Great location! This 6 unit multi family is located in downtown Newarket on a dead end street. This property consists of 4 (2) bedroom apartments and 2 (1) bedrooms. Many updates to include vinyl siding and windows. Fully rented with great rental history and plenty of parking with newly paved driveway last year. $58,800 annual income. Walk to town to enjoy all Newmarket has to offer. Great restaurants, shopping, public transportation or boating in the Lamprey river with access to Great Bay.
  • List Agent: 17066
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2912
  • Sq Ft - Apx Finished BG: 1009
  • Sq Ft - Apx Unfinished BG: 655

Exterior Features

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

Garage/Parking

  • Parking: On-Site

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil, Separate, Tankless Coil
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Electric Meters: 7
  • Total Heat Units: 1
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 1
  • Trash: Curbside, Recycle

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: U2
  • Lot: 227
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: Level, Sloping
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 5195
  • Deed Page: 0355
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 58800
  • Net Income: 38144
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9278
  • Tax Year: 2017

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 Change Sq Ft Price
07/30/2018 07/30/18 Sold $510,000 -7.3% $130 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $550,000 +7.8% $140 / Sq Ft
04/25/2018 04/25/18 Off Market $510,000 -- --
04/25/2018 04/25/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $550,000 -- $140 / 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: 4680659

PrimeMLS