Bought with Theresa M Grella • EXP Realty
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223 High ST Somersworth, NH 03878
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Key Details
Sold Price $728,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,915 sqft
Price per Sqft $185
MLS Listing ID 5082325
Sold Date 08/13/26
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1870
Annual Tax Amount $11,031
Tax Year 2024
Lot Size 0.360 Acres
Acres 0.36
Property Description
Location, history, and exceptional return on investment. Welcome to 223 High Street in Somersworth, a standout 4-unit property in the heart of the city. This well-maintained historic multi-family seamlessly blends classic character with modern updates, offering both charm and peace of mind. The property is in excellent condition, featuring updated systems, separate utilities, and off street parking- helping to minimize expenses and ensure a smooth, low-maintenance transition for the next owner. The building offers a well-balanced unit mix, with two first-floor units (one 2-bedroom and one 1-bedroom) and two second-floor units (one 2-bedroom and one 1-bedroom studio). All units have been updated, provide ample natural light, and are fully leased, making this a true turn-key investment. With strong income already in place and a 6.98% cap rate, this property is ideal for investors seeking a stable, cash-flowing asset. Ideally located just minutes from downtown, shopping, and major commuter routes, 223 High Street offers the accessibility tenants value and the performance investors seek. A rare opportunity to acquire a fully occupied, income-producing property with proven returns and long-term growth potential.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning R2
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable Available
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public
Architectural Style Conversion, Multi-Family, Multi-Level
Construction Status Existing
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