EXCEPTIONAL OPPORTUNITY for a multi-generational family or for investors! This spacious Colonial offers 3 units, with upside potential to add a 4th unit, currently used as an income producing shop/storage space. The home has been thoughtfully renovated & professionally maintained, sitting on a beautiful downtown corner lot with privacy in mind. Each of the 3 units boast their own outdoor space, from rebuilt farmers porches to private backyards. The building has undergone extensive improvements to both exterior and interior, offering in-unit laundries & convenient off-street parking for all, updated mechanicals, flooring, roofs, additional water heaters, new kitchens w/ granite and butcher countertops, marble backsplashes and new appliances, modern lighting (see enclosed attachments for a list of improvements). The property grosses $70,000/year w/ upside for future capital gains over time. The attached barn frames the back of the house with a nice, finished space plus huge storage & an open area that w/ a variance, may create a 4th unit for another tenant. Nestled on the banks of the Lamprey River, Newmarket was voted one of the 'most charming small towns in America' (HGTV). The possibilities are endless for buyers looking for a turn-key property, in-home business, and more. Delayed showing until OH - Sat 5/13 10a-12p & Sun 5/14 12-2p.

More Info

Basic Information

StatusActive With Contract
List Price$799,500
MLS Number4952048
MLS StatusActive Under Contract

Property

Acreage0.27
Parking Spaces
Lot DescriptionCity Lot, Corner, Sloping
Square Feet3,152
APX Fin AG Sqft3,152
RoadsPublic
AreaIn Town, Near Public Transportatn, Near Shopping

Utilities

Heat FuelOil
Heat SystemBaseboard, Hot Water
WaterPublic
Water HeaterElectric
Electric100 Amp,200 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesCable - Available, High Speed Intrnt -Avail

Location

TownNewmarket
StateNH
Zip03857
CountyRockingham
ZoningM2
Elementary SchoolNewmarket Elem School
Junior HighNewmarket Junior High School
High SchoolNewmarket Senior HS
Flood Zone Y/NUnknown

Interior

FloorsCarpet, Hardwood, Tile, Vinyl

Exterior

ExteriorVinyl Siding
RoofShingle - Architectural
Exterior ColorWhite

Amenities

Exterior AmenitiesBalcony, Deck

Other

Taxes$8,189
Seasonal Y/NNo
Date Showings Begin2023-05-13
Unit 1 Deposit$1,525
Unit 2 Rent Amount$1,750
Unit 3 Rent Amount$1,950
View Count1

Building

Year Built1890
Building ConstructionWood Frame
StyleColonial
Units3
Unit 1 Bath1
Unit 1 Bedrooms1
Unit 1 Floor Location1
Unit 1 Total Rooms4
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location1
Unit 2 Total Rooms5
Unit 3 Bath1
Unit 3 Bedrooms3
Unit 3 Floor Location2 & 3
Unit 3 Total Rooms6
# of 1 Bedrooms1
# of 2 Bedrooms1
# of 3+ Bedrooms1
Bathroom3
Total Baths3
BasementBulkhead, Unfinished
FoundationFieldstone

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 30, 2023 1:23 AM EDT

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22 Spring StreetNewmarket, NH 03857MLS Number 4952048

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