Peak Property Group Vermont Real Estate

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$749,900
3 Days On Site

53-55 Franklin Street
Somersworth, NH 03878

For Sale|Multi Family|Active
8
Beds
0
Full Baths
0
Partial Baths
4,062
SqFt
$185
/SqFt
1880
Built
County:
NH-Strafford
Listing courtesy of Andy Yau of RE/MAX Shoreline

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(802) 353-1604
53-55 Franklin Street53-55 Franklin Street53-55 Franklin Street53-55 Franklin Street
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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, and a highly efficient 9-years-young natural gas heating system, ensuring modern comfort and efficiency. 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.

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Listing Snapshot
Price 
$749,900
Days On Site 
3 Days
Bedrooms 
8
Inside Area (SqFt) 
4,062 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1880
MLS® Number 
5039502
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.15
Number Of Stories 
2
Parking 
Paved
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
4062
SqFt Total 
7419
Style 
Multi-Family
Utilities 
Cable Available
Water Source 
Public
Zoning 
R3
Interior Features
Basement 
Concrete
Heating 
Hot Water
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Level
Roof 
Shingle
Listing courtesy of Andy Yau of RE/MAX Shoreline



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Last checked: 2025-05-09 09:30 PM UTC
Neighborhood & Commute
Source: Walkscore
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