53-55 Franklin ST Open House Save Request In-Person Tour Request Virtual Tour
Somersworth,NH 03878
OPEN HOUSE
Sat May 10, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,062 sqft
Price per Sqft $184
MLS Listing ID 5039502
Bedrooms 8
Full Baths 4
Construction Status Existing
Year Built 1880
Lot Size 6,534 Sqft
Acres 0.15
Property 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, 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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning R3
Rooms
Basement Entrance Walk-up
Basement Concrete Floor
Interior
Cooling Other
Exterior
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Poured Concrete,Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing