Investors or owner occupy buyers, this is the one that you have been waiting for. This up/down duplex has been completely renovated from top to bottom. There is nothing left for the new owner to do except unpack and/or pick their new tenants. The windows, siding and the back roof were all replaced in 2019. The interior has all been recently redone including two new kitchens, baths, flooring, sheetrock, insulation, wiring and the majority of the plumbing. This building features off street parking, a full dry basement, a garage bay for extra storage and a small yard. All of this in a great walkable downtown location. Don't wait, call for your private showing today!
Each unit has 2 bedrooms and 1 bathroom, and each has a sunny private closed-in porch. Separate utilities make this property great for Investors, along with plenty of off street parking. Unit 1 is move in ready and currently owner occupied. Unit 2 has a separate locked storage area on the porch. Great location as its close to downtown Somersworth, Route 16, and Maine. Terrific opportunity to own! Great investment property or chance to owner occupy! Showings being on Sunday 10/27 from 11-1 by appointment.
GOOD MONEY MAKER....This Duplex is in great condition. 1st floor unit is rented for $2,600, 2 car garage is rented for $750, 2nd floor unit will rent for $2,200, 1 car garage will rent for $250. These are all monthly rents. Building has been rehabed down to the studs with all new sheetrock throughout. Very good appliances, stackable laundry in each unit. Need 48 hour notice to show 1st floor unit.
Bring your own vision or use the current owners! Current owner had plans drawn up to turn this building into a stunning investment property. Plansinclude 4 residential units and 1 ground level retail space, as well as the future addition of 3 townhouse style units behind the current building. The large lot includesparking which is really valuable downtown. This building has been completely gutted and is ready to be transformed!
13-15 Summer Street is 3,099± SF and consists of three newly renovated units with a total of 8 bedrooms and 4 bathrooms. Two units have been leased at market rates; the last unit is reserved vacant for an owner-occupier, but could be delivered leased. Located in high-demand downtown Somersworth, near Route 16/Spaulding Turnpike with easy access to the Seacoast, the Lakes Region, and the state of Maine. Property is positioned in an Opportunity Zone, which may offer investor incentives. Projected cap rate of up to 8.7% with the third unit leased. Offering Memorandum is available upon signing of NDA attached to the flyer.
The median home value in Somersworth, NH is $334,900. This is lower than the county median home value of $387,400. The national median home value is $338,100. The average price of homes sold in Somersworth, NH is $334,900. Approximately 54.97% of Somersworth homes are owned, compared to 37.74% rented, while 7.29% are vacant. Somersworth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somersworth real estate agent to arrange a tour today!
Somersworth, New Hampshire 03878 has a population of 11,964. Somersworth 03878 is more family-centric than the surrounding county with 31.96% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Somersworth, New Hampshire 03878 is $68,762. The median household income for the surrounding county is $76,560 compared to the national median of $69,021. The median age of people living in Somersworth 03878 is 39.7 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 48.2 inches per year, with 51.4 inches of snow per year.