$749,900
53-55 Franklin Street
Somersworth
Listing Courtesy of
Andy Yau
RE/MAX Shoreline - 603-431-1111
53-55 Franklin Street, Somersworth NH 03878
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 9-year-old 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.
Listing Courtesy of
Andy Yau
RE/MAX Shoreline - 603-431-1111
DETAILS
- Listing Id5039502
- StatusActive
- TypeMulti-Family
- Year Built1880
- BasementYes
- Basement Access TypeWalk-up
- Basement DescriptionConcrete Floor
- Construction StatusExisting
- CoolingOther
- DrivewayPaved
- Electric100 Amp
- Flood ZoneNo
- FoundationPoured Concrete,Stone
- GarageNo
- HeatingNatural Gas,Hot Water
- Pre-ConstructionNo
- Road FrontageTBD
- RoofShingle - Asphalt
- SewerPublic
- Total Stories2
- UtilitiesCable - Available
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