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141 Main St
Newmarket, NH 03857
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 8,412 SF |
| Property Subtype | No. Stories | 3 | |
| Apartment Style | Low-Rise | Year Built | 1890 |
| Building Class | C | ||
| Zoning | M2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,412 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Zoning | M2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
ABOUT 141 MAIN ST , NEWMARKET, NH 03857
Excellent mixed-use income property located in high visibility downtown Newmarket location alongside the Lamprey River. This building has 6 fully-rented units with 3 long-term commercial tenants and 3 residential apartments at below market rents. Current owners have maintained the property well and all systems are in good condition. This investment works well as a 1031 exchange target or for any other investor looking for passive income from a turnkey, stabilized property. Currently operating at a cap rate over 7% with room to grow. Sale also includes adjacent vacant lot currently used for tenant parking.
PROPERTY TAXES
| Parcel Number | NMAR-000003-000213-000000-U000000 | Improvements Assessment | $314,200 |
| Land Assessment | $493,200 | Total Assessment | $807,400 |
PROPERTY TAXES
