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38 Franklin StreetSomersworth, NH 03878MLS Number 4644306

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

Est. Mortgage: $/month

Federal 30-year interest rate: 4.62% last updated on 2018-06-14

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

Parking

  • GarageStorage Above
  • Parking Spaces1

Building

  • Year Built1846
  • Building ConstructionWood Frame
  • StyleDuplex
  • Units2
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1, 2 & 3
  • Unit 1 Total Rooms7
  • Unit 2 Bath2
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location1, 2 & 3
  • Unit 2 StyleResidential Rental
  • Unit 2 Total Rooms7
  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • Bathroom2
  • Total Baths2
  • Basement
    • Concrete Floor
    • Dirt Floor
    • Frost Wall
    • Partial
    • Stairs - Interior
    • Storage - Assigned
    • Unfinished
  • FoundationBelow Frost Line, Brick, Poured Concrete, Stone

Basic Information

  • Virtual TourClick Here
  • Date Listed06/29/2017
  • StatusSLD
  • Property TypeMulti-Family
  • List Price$142,000
  • Agent NameProperties
  • Broker NameKeller Williams Lakes & Mountains Realty
  • Date Price Change09/05/2017
  • Selling Agent NameLorilyn Barrett
  • MLS Number4644306

Exterior

  • ExteriorAsbestos
  • RoofShingle - Asphalt
  • Exterior ColorBrown

Amenities

  • Exterior AmenitiesOutbuilding, Windows - Double Pane

Location

  • Building Number38
  • StreetFranklin
  • TownSomersworth
  • StateNH
  • Zip03878
  • CountyStrafford
  • MapF6
  • Junior HighSomersworth Middle School
  • High SchoolSomersworth High School
  • Flood Zone Y/NUnknown

Property

  • Acreage0.11
  • Lot09-84
  • Square Feet2628
  • APX Fin AG Sqft2628
  • RoadsPublic
  • Lot DescriptionCity Lot

Utilities

  • Heat FuelGas - Natural, Oil
  • Heat SystemHot Air, Hot Water
  • WaterMetered, Public
  • Water HeaterElectric, Gas - Natural
  • Electric200 Amp, Circuit Breaker(s)
  • SewerPublic

Other

  • Seasonal Y/NNo
  • Operating ExpensesInsurance, Other, Snow Removal
  • TrashCurbside
  • bloggingNo
  • Page601
  • Foot Print Dim24x36 6x9, 14x5, 13x26
  • Book4014
  • Delayed ShowingsNo
  • Number of Photos9
  • View Count2
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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

"Michael, both my father and I appreciate what you have done. Clearly your profession revolves around working with people to help them find their dream homes. I believe you went above and beyond what another broker might have done to help us purchase our Durham NH Home. All questions and inquiries were answered in a concise and promt way making it feel as if my dad and I received special attention."

Nick Bauer, Durham, NH