First time homebuyers and investors take notice! An incredible opportunity for condo conversion with three true townhouse style units, that boasts more than plenty in size and charm. Build home equity living in one unit while having the two other units pay your mortgage. Dont miss out on this golden opportunity to acquire a cash making machine. This investment has plenty of potential for higher income, with a potential cap rate over 10%. Small apartments no more, as each unit boasts spacious rooms, and large living areas. The owner takes pride and glory in his building, having updating the property throughout, including a good roof, newer siding, and updated units. The one bedroom unit outback was completely updated from top to bottom, with a new kitchen, bathroom and flooring. Enjoy the fine details including the units tray ceilings, gorgeous bathroom tile work, and its dazzling lighting fixtures. Tour into the next unit and experience its 6 rooms, including a comfortable living room, large dining area, section offd kitchen and 2 bedrooms upstairs to top it off. Tenants enjoy plenty of parking spaces, individual porches, and access to a large backyard. This investment offers many advantages including separate utilities, great potential cashflow, and a great curb appeal. One unit needs work. Delayed showings begin at the open house on Saturday, July 17, 2021 between 11-1PM.
Off market
$608,000
1 Silver St, Somersworth, NH 03878
7beds
0baths
3,796sqft
MultiFamily
Built in 1880
-- sqft lot
$608,000 Zestimate®
$160/sqft
$2,368 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 0
Heating
- Oil
Features
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,796 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.33 Acres
Details
- Parcel number: SMSWM10B78L0
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Somersworth