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  • Listed by: 

    Andrew Ward,

    Colliers International 603-433-7100,

    Tim Braseth,

    Colliers International

    Bought with: The Aland Realty Group
    $655,000

    13-15 Summer Street, Somersworth, NH 03878

    --beds
    --baths
    3,099sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $667,200 Zestimate®
    $211/sqft
    $2,643 Estimated rent

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    $2,643/mo

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    $2,643/mo

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    $4,244/mo

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    $4,244/mo

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    What's special

    13-15 Summer Street is 3,099± SF and consists of three newly renovated units with a total of 8 bedrooms and 4 bathrooms. Two units have been leased at market rates; the last unit is reserved vacant for an owner-occupier, but could be delivered leased. Located in high-demand downtown Somersworth, near Route 16/Spaulding Turnpike with easy access to the Seacoast, the Lakes Region, and the state of Maine. Property is positioned in an Opportunity Zone, which may offer investor incentives. Projected cap rate of up to 8.7% with the third unit leased. Offering Memorandum is available upon signing of NDA attached to the flyer.

    Zillow last checked: 7 hours ago

    Listing updated: February 24, 2025 at 11:36am

    Listed by:

    Andrew Ward,

    Colliers International 603-433-7100,

    Tim Braseth,

    Colliers International

    Bought with:

    Brenda Hall

    The Aland Realty Group

    Source: PrimeMLS,MLS#: 4960021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Full bathrooms: 4
    Heating
    • Oil, Hot Water
    Cooling
    • None
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 4,283
    • Total interior livable area: 3,099 sqft
    • Finished area above ground: 3,099

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Detached, Garage, Off Street
    • Garage spaces: 2
    Features
    • Levels: Two
    • Frontage length: Road frontage: 52
    Lot
    • Size: 4,356 sqft
    • Features: Level
    Details
    • Parcel number: SMSWM09B236L0
    • Zoning description: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Exterior
    • Foundation: Concrete
    • Roof: Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Electric: Circuit Breakers, On-Site
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other, Internet - Cable

    Community & neighborhood

    Location
    • Region: Somersworth

    Other

    Other facts
    • Road surface type: Paved