NOT LISTED FOR SALE

53 Union St Somersworth, NH 03878

6 Beds
2 Baths
2,340 Sq Ft
5,663 Sq Ft Lot

Last Sold November 26, 2019

Last sale price $175,000 $75 Per Sq Ft

15 Days on Market

About This Home

As of November 2019

New to the market is a highly tenant marketable, with a low vacancy rate, 3 bed/ 1 bath side by side duplex. Enter in the units via a covered porch to find a large living room, then walk through a spacious dining room and into a galley style kitchen. Upstairs you’ll find 3 bedrooms and 1 full bath. Furniture has been virtually staged to show the possibilities! Each unit has fully separate utilities (less the water/ sewer utility, which the landlord pays); oil heat, 100AMP circuits, and their own washer dryer hookups. Full basements offers additional storage. Outside, find trees, bushes, and gardens to provide a private setting to enjoy on your backyard deck. One paved driveway comes with the property, enough for two vehicle tandem parking. There is plenty of on street parking available on Union St. Convenient to the developing downtown of Somersworth, jump on this investment opportunity. Perfect for the owner-occupied buyer or a first-time investor. However, because of chipping paint and a missing basement staircase rail, conventional financing or cash would be best for this property. Please recognize that 24-48 hours will be required to arrange and coordinate showings with the tenants (& their bolting felines). Much appreciated, we look forward to working with you on the transfer of this property ownership.

Last Agent to Sell the Property

Megan Thayer

Brick & Barn Real Estate Group/Seacoast License #073097 Listed on: 09/18/2019

Co-Listed By

Jennifer Fried

Lexi Leddy Real Estate LLC

Last Buyer's Agent

Jeff Canfield

Jeff Canfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,473

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Duplex
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Interior Basement Entry

Schools

  • Idlehurst Elementary School
  • Somersworth Middle School
  • Somersworth High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 161A
  • 33% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,026
  • Gross Income $28,200
  • Net Operating Income $17,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,473

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Assessment Amount: 163800
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 74.79
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3510
  • Sq Ft - Apx Total Finished: 2340
  • Year Built: 1905
  • Remarks Public: New to the market is a highly tenant marketable, with a low vacancy rate, 3 bed/ 1 bath side by side duplex. Enter in the units via a covered porch to find a large living room, then walk through a spacious dining room and into a galley style kitchen. Upstairs you’ll find 3 bedrooms and 1 full bath. Furniture has been virtually staged to show the possibilities! Each unit has fully separate utilities (less the water/ sewer utility, which the landlord pays); oil heat, 100AMP circuits, and their own washer dryer hookups. Full basements offers additional storage. Outside, find trees, bushes, and gardens to provide a private setting to enjoy on your backyard deck. One paved driveway comes with the property, enough for two vehicle tandem parking. There is plenty of on street parking available on Union St. Convenient to the developing downtown of Somersworth, jump on this investment opportunity. Perfect for the owner-occupied buyer or a first-time investor. However, because of chipping paint and a missing basement staircase rail, conventional financing or cash would be best for this property. Please recognize that 24-48 hours will be required to arrange and coordinate showings with the tenants (& their bolting felines). Much appreciated, we look forward to working with you on the transfer of this property ownership.
  • List Agent: 281995
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead
  • Sq Ft - Apx Finished AG: 2340
  • Sq Ft - Apx Unfinished BG: 1170

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available, Telephone Available

Schools

  • School District: Somersworth
  • Elementary School: Idlehurst Elementary
  • Middle School: Somersworth Middle School
  • High School: Somersworth High School
  • Elementary School: Idlehurst Elementary
  • High School: Somersworth High School

Lot Info

  • Map: 09
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: Sidewalks
  • Zoning: R3
  • Deed Book: 3705
  • Deed Page: 222
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 28200
  • Net Income: 17174
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Rate: 33.41
  • Tax Gross Amount: 5472.55
  • Tax Year: 2018

MLS Schools

  • School District: Somersworth
  • School Middle Jr: Somersworth Middle 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
11/26/2019 11/26/19 Sold $175,000 -7.4% $75 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $189,000 0.0% $81 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $189,000 -- $81 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Megan Thayer

    Brick & Barn Real Estate Group/Seacoast

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jennifer Fried

    Lexi Leddy Real Estate LLC

    (603) 812-5573

    1 in this area

    24 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jeff Canfield

    Jeff Canfield

    (603) 387-9235

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4777132

PrimeMLS

New Hampshire Strafford County Somersworth 03878

53 Union St, Somersworth, NH

This home is located at 53 Union St, Somersworth, NH 03878 since 18 September 2019. This property was built in 1905. 53 Union 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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