223 High St - Multi-Family FOR SALE


Somersworth, NH 03878
$750,000 USD
603-491-5534
223 High St, Somersworth, NH for Sale
$750,000 USD
Multi-Family - FOR SALE
1/22
null | Request Cap Rate

223 High St
Somersworth, NH 03878


OVERVIEW

Location, history, and exceptional return on investment. Welcome to 223 High Street in Somersworth, a standout 4-unit property in the heart of the city. This well-maintained historic multi-family seamlessly blends classic character with modern updates, offering both charm and peace of mind. The property is in excellent condition, featuring updated systems, separate utilities, and off street parking—helping to minimize expenses and ensure a smooth, low-maintenance transition for the next owner. The building offers a well-balanced unit mix, with two first-floor units (one 2-bedroom and one 1-bedroom) and two second-floor units (one 2-bedroom and one 1-bedroom studio). All units have been updated, provide ample natural light, and are fully leased, making this a true turn-key investment. With strong income already in place and a 6.98% cap rate, this property is ideal for investors seeking a stable, cash-flowing asset. Ideally located just minutes from downtown, shopping, and major commuter routes, 223 High Street offers the accessibility tenants value and the performance investors seek. A rare opportunity to acquire a fully occupied, income-producing property with proven returns and long-term growth potential.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

SMSW-000014-000046

ASK ABOUT THIS PROPERTY

Michael WhitneyKeller Williams CommercialMore Info
603-491-5534

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Michael WhitneyKeller Williams CommercialMore Info
603-491-5534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.