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Listed price in listed location currency (USD).
$777,000
$799,900

000

MLS® 5039502

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 4062 sqft
Garage No
Taxes 
Lot Size 0.15 acres
Approx. Age 1880
Avg. Price Per Sqft $196
MLS® Number 5039502

Property Address: 53-55 Franklin St, Somersworth, NH, 03878

Average square foot calculated using Size range provided by listing agent.

Description

UNBEATABLE CASHFLOW! - Current 9.41%+ cap rate. No Need to look further as this is the cash-flowing quadplex everyone has been searching for—ideal for an investor or an owner-occupant. Small apartments no more with over 4, 000 sf total; the units are spacious, offering large bedrooms, open kitchens, and living rooms. Tour through the units and enjoy updates throughout with granite countertops in all kitchens and stainless steel appliances. Discover sleek, modern flooring throughout all units. Each unit includes a private enclosed porch with abundant windows for natural light, ideal for tenants to relax and unwind on warm summer days. Recent upgrades include new back deck/steps, vinyl replacement windows throughout, a new roof, 2 new water heaters, and a highly efficient 9-years-young natural gas heating system utilizing condensing & sealed two stage combustion technology. Situated in up-and-coming Somersworth, NH, this property is at the heart of a thriving market with hundreds of new construction apartments and vibrant commercial developments planned for the next few years. Just 6 minutes from Dover, 20 minutes from historic Portsmouth, and a little over an hour from Boston, MA, tenants enjoy easy access to urban amenities, coastal charm, and regional connectivity. Act fast as this will not last. Delayed PRIVATE showings begin on Friday, May 9 & Sat, May 10, from 11-1PM.
MLS® Number5039502
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1880
BasementConcrete Floor
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

May 13, 2025End Date
$777,000Sold Price

Sold

May 6, 2025List Date
$799,900List Price
  • Commute

Commute

Starting Address
Destination Address
53-55 Franklin St, Somersworth, NH

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