11 Spring St - Apartments FOR SALE


Newmarket, NH 03857
$750,000 USD
603-932-3011
11 Spring St, Newmarket, NH for Sale
$750,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

11 Spring St
Newmarket, NH 03857


HIGHLIGHTS

  • recently renovated
  • 1 vacant unit for an owner-occupant
  • a short walk to Main Street Newmarket’s shops

OVERVIEW

Investor opportunity in the heart of charming Newmarket! 11 Spring Street is a recently renovated 4-unit multifamily property featuring two spacious 2-bedroom units and two 1-bedroom units—perfect for owner-occupants or savvy investors looking to expand their portfolio. Some recent improvements include cosmetic renovations to all four apartments, electrical and plumbing upgrades, multiple water new heaters, and a brand new roof. The property provides ample off-street parking with a small side yard nestled in a quiet neighborhood. Situated on a corner lot, the location is unbeatable—just a short walk to Main Street Newmarket’s shops, restaurants, and waterfront. Tenants enjoy easy access to the University of New Hampshire, Route 108, and a quick commute to Portsmouth and Dover. One 2-bedroom apartment will be vacant at time of sale allowing for an owner-occupant to call this their own. Whether you're looking for strong rental income, owner-occupancy with rental support, or a turnkey investment in a high-demand rental market, this property checks all the boxes. Owner is a licensed New Hampshire real estate salesperson.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

M2

APN/PARCEL ID

NMAR-000002-000044-000000-U000

ASK ABOUT THIS PROPERTY

Matt LefebvreDowntown RealtyMore Info
603-932-3011

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Matt LefebvreDowntown RealtyMore Info
603-932-3011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.