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Off market
  • $604,500

    1 Silver St, Somersworth, NH 03878

    7beds
    0baths
    3,796sqft
    MultiFamily
    Built in 1880
    -- sqft lot
    $604,500 Zestimate®
    $159/sqft
    $2,230 Estimated rent

    Home value

    $604,500

    $556,000 - $653,000

    $2,230/mo

    Zestimate® history
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    Owner options

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    $2,230/mo

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    $2,230/mo

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    $4,088/mo

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    $4,088/mo

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    What's special

    First time homebuyers and investors take notice! An incredible opportunity for condo conversion with three true townhouse style units, that boasts more than plenty in size and charm. Build home equity living in one unit while having the two other units pay your mortgage. Dont miss out on this golden opportunity to acquire a cash making machine. This investment has plenty of potential for higher income, with a potential cap rate over 10%. Small apartments no more, as each unit boasts spacious rooms, and large living areas. The owner takes pride and glory in his building, having updating the property throughout, including a good roof, newer siding, and updated units. The one bedroom unit outback was completely updated from top to bottom, with a new kitchen, bathroom and flooring. Enjoy the fine details including the units tray ceilings, gorgeous bathroom tile work, and its dazzling lighting fixtures. Tour into the next unit and experience its 6 rooms, including a comfortable living room, large dining area, section offd kitchen and 2 bedrooms upstairs to top it off. Tenants enjoy plenty of parking spaces, individual porches, and access to a large backyard. This investment offers many advantages including separate utilities, great potential cashflow, and a great curb appeal. One unit needs work. Delayed showings begin at the open house on Saturday, July 17, 2021 between 11-1PM.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 0
    Heating
    • Oil
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,796 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: SMSWM10B78L0

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1880

    Community & neighborhood

    Location
    • Region: Somersworth

    Price history

    DateEventPrice
    8/23/2021Sold$383,572-5.3%$101/sqft
    Source: PrimeMLS #4871817 Report a problem
    7/23/2021Pending sale$404,900$107/sqft
    Source: RE/MAX International #4871817 Report a problem
    7/13/2021Listed for sale$404,900+113.2%$107/sqft
    Source: RE/MAX International #4871817 Report a problem
    2/18/2014Sold$189,900$50/sqft
    Source: Public Record Report a problem
    1/17/2013Sold$189,900$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,153 +5.3%$596,400 +64.9%
    2023$10,595 +4.3%$361,600
    2022$10,157 +2%$361,600
    2021$9,955 +1.7%$361,600 +2.9%
    2020$9,784 +2%$351,300 -0.1%
    2019$9,589 +26.4%$351,500 +54.8%
    2018$7,587 +1%$227,100
    2017$7,515 +7.9%$227,100 +4.7%
    2016$6,967 -0.4%$216,900
    2015$6,995 +3.6%$216,900
    2014$6,754 $216,900

    Find assessor info on the county website

    Neighborhood: 03878

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $604,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $604,500