13-15 Summer Street

Somersworth, NH 03878

$655,000
Price
Beds
4
Baths
3,099 Sq. Ft.
$211 / Sq. Ft.
3,099
Sq. Ft.
$211
per Sq. Ft.

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...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.
  1. Listed by Andrew Ward • Colliers International
  2. Listed by Tim Braseth • Colliers International

Property Details for 13-15 Summer Street

Parking
Detached, Garage, Off Street
Zoning
R3
LISTING UPDATED: 10/25/2024 02:53 PM

Property Details for 13-15 Summer Street

StatusActive
MLS #4960021
Days on Market509
Taxes$6,750 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1912
Lot Size0.10 AC / 4,356 SF
CountyStrafford County

Building Information for 13-15 Summer Street

Stories2Residences3Year Built1912Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 13-15 Summer Street

Summary
Location and General Information
  • City: Somersworth
  • County: NH-Strafford
  • Latitude: 43.255869000000004
  • Longitude: -70.861567542327890
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 9
  • Zip Code: 03878
Taxes and HOA Information
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 236
  • Lot - Sqft: 4356.0
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Road Frontage Length: 52.0
  • Square Feet Apx Finished Above Grade: 3099.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 4283.0
  • Square Feet Apx Total Finished: 3099.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 1184.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1912
Utilities
  • Electric: Circuit Breaker(s), On-Site
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Internet: Internet - Cable, DSL – Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Exterior
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
Interior Features
  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 4
  • Heat Fuel: Oil
  • Heating: Hot Water
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 1
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2

Property History for 13-15 Summer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13-15 Summer Street

Taxable ValueLand$23,800Additions$211,800Total$235,600
Tax Record2023$6,903 ($575 / month)
Home Facts
Baths3Total Finished SqFt3,099 SqFtAbove Grade Finished SqFt3,099 SqFtUnfinished Basement SqFt1,365 SqFtStories2Lot Size4,530 SqFtStyleTriplexYear Built1912ZoningR3CountySTRAFFORDAPNSMSW M:09 B:236 L:0Fireplace TypeHas Fireplace

Schools near 13-15 Summer Street

This home is within Somersworth School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 1 to 4
Rating
School
Distance
Idlehurst Elementary School
PublicPK to 2

Somersworth Middle School
Public6 to 8

Somersworth High School
Public9 to 12

Hilltop School
Public1 to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13-15 Summer Street is a multi-family home for sale in Somersworth, NH 03878. This property was listed for sale on July 5, 2023 by Colliers International, it's currently listed at $655,000. It has been on the market for a total of 509 days and was last sold on November 13, 2015. This listing's school district is Somersworth School District. Nearby schools include Idlehurst Elementary School, Somersworth Middle School and Somersworth High School. 13-15 Summer Street is a 0-bed, 4-bath, 3,099 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Colliers International

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 11/25/2024 07:07 AM