NOT LISTED FOR SALE

34 Spring St New Market, NH 03857

9 Beds
4 Baths
4,671 Sq Ft
4,356 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $640,000 $137 Per Sq Ft

7 Days on Market

Highlights

  • Level Lot
  • Newmarket Elementary School Rated A-
  • 5-minute walk to Schanda Conservation Park

About This Home

As of November 2021

*OPEN HOUSE CANCELLED FOR 9/11* Priced to Sell! Investors take note! Fully leased, excellent investment opportunity with very strong income and low maintenance. This turnkey, bright, clean, and large four unit multi-family property has been recently renovated including: Freshly paved parking lot and driveway, all new AZEK vinyl siding professionally installed, new hot water heaters, and new Rinnai heaters, new appliances, flooring, carpet, and fresh paint (interior and exterior). This property offers 1 three-bedroom unit and 3 two-bedroom units. A great location in the heart of downtown Newmarket which offers great dining and shopping. Dedicated parking and separate utilities for electric, heat and hot water. Strong rental history. 48 hour notice to show.

Last Agent to Sell the Property

Adam Dow

KW Coastal and Lakes & Mountains Realty/Wolfeboro License #056660 Listed on: 09/02/2021

KW Coastal and Lakes & Mountains Realty/Wolfeboro

Last Buyer's Agent

Lauren Belaidi

The Aland Realty Group

The Aland Realty Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,017

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 3-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Heating System Uses Gas
  • 110 Volts
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • 25% Total Tax Rate

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $68,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,017

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From the North: Take Rt 108 South (N Main St) into Newmarket. Continue on Main Street. Bear Right and continue on Main Street. Turn Right onto South Street. Road turns into Spring Street, #34 on Left.
  • Flood Zone: Unknown
  • Assessment Amount: 314900
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 137.02
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6068
  • Sq Ft - Apx Total Finished: 4671
  • Year Built: 1910
  • Remarks Public: *OPEN HOUSE CANCELLED FOR 9/11* Priced to Sell! Investors take note! Fully leased, excellent investment opportunity with very strong income and low maintenance. This turnkey, bright, clean, and large four unit multi-family property has been recently renovated including: Freshly paved parking lot and driveway, all new AZEK vinyl siding professionally installed, new hot water heaters, and new Rinnai heaters, new appliances, flooring, carpet, and fresh paint (interior and exterior). This property offers 1 three-bedroom unit and 3 two-bedroom units. A great location in the heart of downtown Newmarket which offers great dining and shopping. Dedicated parking and separate utilities for electric, heat and hot water. Strong rental history. 48 hour notice to show.
  • L A3 User Code: 619606
  • List Agent: 17079
  • L O3 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Combination
  • Total Rooms Above Ground: 16
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 4671
  • Sq Ft - Apx Unfinished BG: 1397

Exterior Features

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

Garage/Parking

  • Parking: Assigned, Off Street, Parking Spaces 4, Paved

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, 110 Volt, Circuit Breaker(s)
  • Fuel Company: Proulx Propane and Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Monitor Type
  • Electric Company: Eversource
  • Phone Company: Comcast
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 8
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable, Gas - Lp/Bottle

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: 94
  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: Level, Street Lights
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 5779
  • Deed Page: 1719
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 68400
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 25.46
  • Tax Gross Amount: 8017
  • Tax Year: 2020

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
11/12/2021 11/12/21 Sold $640,000 +3.2% $137 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $620,000 -- $133 / 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: 4880799

PrimeMLS