Excellent investment opportunity in the center of Newmarket. This convenient location is walking distance to restaurants, shopping, the Newmarket waterfront along the Lamprey River and next to the UNH bus stop. This 4-unit property is fully occupied with long term tenants who are all current with their rent. Rents are below market providing significant upside potential for the new owner. This home is well cared for with a new roof and recent oil burner. There are 6 parking spaces with expansion opportunities to 8-9 off-street parking spaces. The property features two one-bedroom apartments and two three-bedroom apartments. Three of the four units feature a private porch area for additional space. The electric utilities are separated into five circuit boxes, one for each apartment and one for the common areas. Coin-op washer/dryer in common area provides important amenity for tenants and additional income. All units are currently leased. Some of the pictures show the apartments between tenant rentals. This property is priced to sell and is sold as is.
Off market
Zestimate®
$799,400
22 Elm St #24, Newmarket, NH 03857
--beds
0baths
3,244sqft
MultiFamily
Built in 1900
-- sqft lot
$799,400 Zestimate®
$246/sqft
$2,589 Estimated rent
Owner options
What's special
Sell for more on Zillow
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$799,400
2% more+$15,988
With Zillow Showcase(estimated)$815,388