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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$655,000

Price Change! reduced by $2,245,000 on October 24th 2024
MLS# 4960021
3099 sq.ft. Bedroom | 0 Bathroom
Multi Family
13-15 Summer Street Somersworth NH
 
Price Change! reduced by $2,245,000 on October 24th 2024
$655,000 | $211 per sq.ft. | MLS# 4960021 A 3  Unit Multi Family Home, 13-15 Summer Street Somersworth NH With 1 - One Bedroom Units | 2 - Three Bedroom Units

Description:
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. Appliances : Water Heater – Electric

Annual Expenses
Taxes: $6,750
    Income

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Exterior | Price Per SQ.FT. 211.36 | Year Built: 1912
LAND DESCRIPTION: LOT DESCRIPTION: Level
Livable Space: 3099
Above Grade Sq.Ft.: 3099
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s) | On-Site
Style: Colonial
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.1 acres
Zoned: R3
Surveyed: No
Flood Zone: No
Seasonal: No
Garage And Parking: Detached | Garage | Off Street
Roads: Paved | Public
Road Frontage: 52
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $6,750  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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