$774,900
PENDING $25K PRICE DROP

Estimated payment $5,008/month

Total Views 2,959
4 Beds
6 Baths
3,191 Sq Ft
$243 Price per Sq Ft

About This Home

This 6-unit value-add multifamily property located in Somersworth, NH presents an excellent opportunity for investors looking to expand their portfolios in an emerging, rapidly developing market. The property has already undergone significant capital expenditures (CapEx) improvements, positioning it for increased operational efficiency and long-term appreciation. With additional potential to stabilize the property through rent increases to fair market value, this is a prime investment for those seeking strong upside potential in a growing area. Located in a market poised for further development, this multifamily asset offers both short-term returns and long-term growth potential.

Listing Agent

Anestis Pavlidis

Four Points Real Estate License #074421 Listed on: 06/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,830

Year Built

  • Built in 1832

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • A-Frame Home
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,191 Sq Ft Home
  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 6 Units
  • Gross Income $8,150

Listing and Financial Details

  • Tax Block 69
  • Assessor Parcel Number 11

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,830

Year Built

Built in 1832

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1832
  • Display On Internet: Cable Internet
  • Architectural Style: A Frame, Apartment Building
  • ResoLotFeatures: Rental Complex
  • Road Frontage Type: Public
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 3191.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Common/Shared
  • Roof: Asphalt Shingle
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Waterfront: No
  • Foundation Details: Fieldstone

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Gas Heater, Space Heater
  • Cooling: None
  • Utilities: Cable Available, Underground Gas
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: BH
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Multi Family

  • Gross Income: 8150.0
  • Number Of Units Total: 6

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9830.0
  • Tax Block: 69
  • Tax Lot: 0
  • Tax Map Number: 11

Map

Range of Values:

Collateral Analytics

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ICE

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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
07/24/2025 07/24/25 Pending -- -- --
07/11/2025 07/11/25 Price Changed $774,900 -3.1% $243 / Sq Ft
06/03/2025 06/03/25 For Sale $799,900 -- $251 / Sq Ft
Source: PrimeMLS

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    Section Image

Source: PrimeMLS

MLS Number: 5044363

PrimeMLS