53-55 Franklin Street, Somersworth, NH 03878

Listing by: Andy Yau, RE/MAX Shoreline, 603-431-1111

0 Beds

n/a Full bath

4,062 SqFt

ActiveUnderContract

UNBEATABLE CASHFLOW! - Current 9.41%+ cap rate. No Need to look further as this is the cash-flowing quadplex everyone has been searching for—ideal for an investor or an owner-occupant. Small apartments no more with over 4,000 sf total; the units are spacious, offering large bedrooms, open kitchens, and living rooms. Tour through the units and enjoy updates throughout with granite countertops in all kitchens and stainless steel appliances. Discover sleek, modern flooring throughout all units. Each unit includes a private enclosed porch with abundant windows for natural light, ideal for tenants to relax and unwind on warm summer days. Recent upgrades include new back deck/steps, vinyl replacement windows throughout, a new roof, 2 new water heaters, and a highly efficient 9-years-young natural gas heating system utilizing condensing & sealed two stage combustion technology. Situated in up-and-coming Somersworth, NH, this property is at the heart of a thriving market with hundreds of new construction apartments and vibrant commercial developments planned for the next few years. Just 6 minutes from Dover, 20 minutes from historic Portsmouth, and a little over an hour from Boston, MA, tenants enjoy easy access to urban amenities, coastal charm, and regional connectivity. Act fast as this will not last. Delayed PRIVATE showings begin on Friday, May 9 & Sat, May 10, from 11-1PM.

Property Details
Price $799,900
Property Style Multi-Family
Lot Size Area 6534
Acres 0.15
Property Type MultiFamily
Stories 2
Year Built 1880
Roof Shingle - Asphalt
Heating Natural Gas,Hot Water
Foundation Poured Concrete,Stone
Lot Description City Lot,Level
Geographic Data
County NH-Strafford
Latitude 43.257013117981
Longitude -70.864875271164
Market Area NH-Strafford
Address Information
Address 53-55 Franklin Street, Somersworth, NH 03878
Postal Code 03878
City Somersworth
State NH
Country United States
Listing Information
Listing Office RE/MAX Shoreline
Listing Office Phone 603-431-1111
Listing Office Email mailroom@nhshoreline.com
Listing Agent Andy Yau
Listing Agent Phone 603-431-1111
MLS® Information
Days on market 7
MLS® Status ActiveUnderContract
Listing Date May 6, 2025
Listing Last Modified May 16, 2025
MLS® Area NH-Strafford
MLS® # 5039502

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This information is believed to be accurate, but without any warranty.