Somersworth, NH 03878,53-55 Franklin ST
Somersworth, NH 03878,53-55 Franklin ST
Somersworth, NH 03878,53-55 Franklin ST
Somersworth, NH 03878,53-55 Franklin ST
Somersworth, NH 03878,53-55 Franklin ST
Somersworth, NH 03878,53-55 Franklin ST
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Listed by Andy Yau • RE/MAX Shoreline
Bought with Carol Lavigne • RE/MAX Shoreline

$ 777,000

$ 799,900 2.9%

Est. payment | /mo

8 Beds

4 Baths

4,062 SqFt


$ 777,000

$ 799,900 2.9%

Est. payment | /mo

8 Beds

4 Baths

4,062 SqFt

Key Details

Sold Price $777,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,062 sqft

Price per Sqft $191

MLS Listing ID 5039502

Sold Date 06/16/25

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1880

Lot Size 6,534 Sqft

Acres 0.15

Property Description

UNBEATABLE CASHFLOW! - Current 9.41%+ cap rate. No Need to look further as this is the cash-flowing quadplex everyone has been searching for—ideal for an investor or an owner-occupant. Small apartments no more with over 4,000 sf total; the units are spacious, offering large bedrooms, open kitchens, and living rooms. Tour through the units and enjoy updates throughout with granite countertops in all kitchens and stainless steel appliances. Discover sleek, modern flooring throughout all units. Each unit includes a private enclosed porch with abundant windows for natural light, ideal for tenants to relax and unwind on warm summer days. Recent upgrades include new back deck/steps, vinyl replacement windows throughout, a new roof, 2 new water heaters, and a highly efficient 9-years-young natural gas heating system utilizing condensing & sealed two stage combustion technology. Situated in up-and-coming Somersworth, NH, this property is at the heart of a thriving market with hundreds of new construction apartments and vibrant commercial developments planned for the next few years. Just 6 minutes from Dover, 20 minutes from historic Portsmouth, and a little over an hour from Boston, MA, tenants enjoy easy access to urban amenities, coastal charm, and regional connectivity. Act fast as this will not last. Delayed PRIVATE showings begin on Friday, May 9 & Sat, May 10, from 11-1PM.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning R3

Rooms

Basement Entrance Walk-up

Basement Concrete Floor

Interior

Cooling Other

Exterior

Utilities Available Cable - Available

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Poured Concrete, Stone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

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53-55 Franklin ST

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