NOT LISTED FOR SALE

343 Main St Somersworth, NH 03878

9 Beds
4 Baths
3,316 Sq Ft
0.52 Acres

Last Sold July 15, 2022

Last sale price $420,000 $127 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Baseboard Heating
  • Corner Lot
  • Tankless Water Heater
  • 5-minute walk to Jules Bisson Park

About This Home

As of July 2022

Great opportunity for an investor to own two duplex style buildings on the same lot! Total of four units close to downtown Somersworth with long-term tenants in all four apartments. Both buildings are situated on a large corner lot with nice yards and ample on site parking. First floor unit includes 4 bedrooms, eat-in kitchen with dishwasher, large living room, laundry hook-ups in the basement, and a one car attached garage. Second floor unit includes 3 bedrooms, eat-in kitchen with skylight, large living room, private enclosed porch, and in-unit laundry hook-ups. The second building is accessed via Turgeon’s Lane and includes two 1 bedroom units with eat-in kitchens, separate living area, in-unit laundry hook-ups, and drive under garages. All units have separate utilities aside from water/sewer. Rents are lower than market rate. This property is located just a short drive to nearby Somersworth and Dover shopping, restaurants, and major highways. Block showings begin on 6/4/2022 by appointment between 10am-noon.

Last Listed By

kristin messina

KW Coastal and Lakes & Mountains Realty Listed on: 06/01/2022

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,653

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 3 Car Attached Garage
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • T111 Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Tankless Water Heater

Listing and Financial Details

  • Exclusions: Washers and dryers belong to tenants.
  • Tax Block 33

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $29,089
  • Gross Income $50,400
  • Net Operating Income $21,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,653

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Conversion, Duplex, Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 314300
  • Assessment Year: 2021
  • Construction: Existing
  • Items Excluded: Washers and dryers belong to tenants.
  • Total Stories: 2
  • Price Per Sq Ft: 126.66
  • Year Built: 1940
  • Remarks Public: Great opportunity for an investor to own two duplex style buildings on the same lot! Total of four units close to downtown Somersworth with long-term tenants in all four apartments. Both buildings are situated on a large corner lot with nice yards and ample on site parking. First floor unit includes 4 bedrooms, eat-in kitchen with dishwasher, large living room, laundry hook-ups in the basement, and a one car attached garage. Second floor unit includes 3 bedrooms, eat-in kitchen with skylight, large living room, private enclosed porch, and in-unit laundry hook-ups. The second building is accessed via Turgeon’s Lane and includes two 1 bedroom units with eat-in kitchens, separate living area, in-unit laundry hook-ups, and drive under garages. All units have separate utilities aside from water/sewer. Rents are lower than market rate. This property is located just a short drive to nearby Somersworth and Dover shopping, restaurants, and major highways. Block showings begin on 6/4/2022 by appointment between 10am-noon.
  • List Agent: 284138
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Interior Access
  • Sq Ft - Apx Finished AG: 3316
  • Sq Ft - Apx Unfinished BG: 1020

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: T1-11, Vinyl, Vinyl Siding, Wood
  • Foundation: Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 3
  • Parking: Driveway, Garage, Off Street
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Off Boiler, On Demand, Separate, Tank, Tankless
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Air, Hot Water
  • Separate Utilities: Varies
  • Total Heat Units: 4
  • Total Water Heaters: 4
  • Utilities: Gas - At Street

Schools

  • School District: Somersworth

Lot Info

  • Map: 08
  • Lot Sq Ft: 22651
  • Lot Acres: 0.52
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: R1
  • Deed Book: 2483
  • Deed Page: 0573
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50400
  • Net Income: 21311
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8653
  • Tax Year: 2021

MLS Schools

  • School District: Somersworth

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
07/15/2022 07/15/22 Sold $420,000 +15.1% $127 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $365,000 -- $110 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • k

    Seller's Agent in 2022

    kristin messina

    KW Coastal and Lakes & Mountains Realty

    (802) 578-4171

    34 Total Sales

    kristin messina
    Section Image
  • Jaylan Archer

    Buyer's Agent in 2022

    Jaylan Archer

    KW Coastal and Lakes & Mountains Realty

    (603) 534-0104

    274 Total Sales

    Jaylan Archer
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4913123

PrimeMLS

New Hampshire Strafford County Somersworth 03878

343 Main St, Somersworth, NH

Homes for Sale in Somersworth, NH

This home is located at 343 Main St, Somersworth, NH 03878 since 01 June 2022. This property was built in 1940. 343 Main St is a home located in Strafford County with nearby schools including Idlehurst Elementary School, Somersworth High School, and Tri-City Christian Academy.

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