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38 Franklin StreetSomersworth, NH 03878MLS Number 4644306

  • Sale Price: $141,250The price has recently decreased
  • Listed at $142,000
  • 79 Days Since Sale
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 2Bathroom
  • 0.11Acreage
  • 2628Square Feet
  • 1846Year Built

Two for One Price - Investment opportunity to build your portfolio. Stop depending on your paycheck to pay the bills! This is a great time to invest in Real Estate. Located at 38 Franklin Street - Somersworth NH, both units of this 3 story Colonial Duplex are fully occupied. There is a private driveway allowing for off street parking and the attached barn has two new garage doors for easy access. The roof is in good condition as well, with asphalt shingles and most of the windows have been replaced. You will find the exterior has a mix of siding consisting of clapboard, asbestos as well as a typar vapor barrier on the back of the barn. This building offers 2 units - one with a 2 bedroom apartment and the other with a 3 bedroom apartment; both with a basement and main floor laundry hookups. Many opportunities here whether you would like to build your passive income as a landlord or perhaps occupy a unit yourself and offset the mortgage cost, freeing up time and money to enjoy the things in life that really bring a smile to your face. Tenants pay all utilities as they each have their own meters This property shows a great cash flow as well as a 13.09% Cap Rate. Great investment if you're looking for that passive income. Call us today!

Listed by NH Lifestyle Properties and Jason McKenna of Keller Williams Lakes & Mountains Realty

Listing Sold by Coldwell Banker Yorke Realty

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More Info

Location Information

  • High SchoolSomersworth High School
  • Junior HighSomersworth Middle School

Location

  • StreetFranklin
  • Building Number38
  • TownSomersworth
  • Zip03878
  • CountyStrafford
  • MapF6
  • Flood Zone Y/NUnknown
  • Lot DescriptionCity Lot
  • StateNH

Exterior

  • ExteriorAsbestos
  • RoofShingle - Asphalt
  • Exterior ColorBrown

Amenities

  • Exterior AmenitiesOutbuilding, Windows - Double Pane
  • Parking Spaces1

Other

  • Broker NameKeller Williams Lakes & Mountains Realty
  • Agent NameProperties
  • Operating ExpensesInsurance, Other, Snow Removal
  • TrashCurbside
  • bloggingNo
  • Page601
  • Foot Print Dim24x36 6x9, 14x5, 13x26
  • Book4014
  • Delayed ShowingsNo
  • Number of Photos9
  • View Count1

Basic Information

  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • StatusSLD
  • Units2

Building

  • Bathroom2
  • Total Baths2
  • Year Built1846
  • Water HeaterElectric, Gas - Natural
  • Basement
    • Concrete Floor
    • Dirt Floor
    • Frost Wall
    • Partial
    • Stairs - Interior
    • Storage - Assigned
    • Unfinished
  • StyleDuplex
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1, 2 & 3
  • Unit 1 Total Rooms7
  • Unit 2 Bath2
  • Unit 2 Bedrooms3
  • Unit 2 StyleResidential Rental
  • Unit 2 Total Rooms7

Basic Information

  • Date Listed06/29/2017
  • List Price$142,000
  • MLS Number4644306
  • Seasonal Y/NNo

Property

  • Lot09-84
  • ZoningR3
  • Acreage0.11
  • APX Fin AG Sqft2628
  • FoundationBelow Frost Line, Brick, Poured Concrete, Stone
  • Heat FuelGas - Natural, Oil
  • Property TypeMulti-Family
  • RoadsPublic
  • Square Feet2628

Utilities

  • Electric200 Amp, Circuit Breaker(s)
  • WaterMetered, Public
  • Heat SystemHot Air, Hot Water
  • SewerPublic
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Copyright 2018 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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From Our Clients

"Brian and I wanted to let you know how much we appreciated your assistance and hard work over the last few months. As first-time homebuyers, we kept you quite busy with our questions and worries. You were always very helpful and pleasant, and truly on our side as we navigated the process. You went above and beyond several times, and for that we are grateful.

Your professionalism, expert knowledge, recommendations, and advocacy on our behalf are just a few of the reasons why we would confidently refer any potential home buyer or seller to you in a heartbeat.

After our unpredictable run of ups and downs that were outside our control, we have finally found the right home in Durham NH, thanks to you. We are very happy here in Durham, and look forward to seeing you around town."

Erika Tobiassen and Brian Place, Durham, NH