Turnkey 3-unit property in one of the Seacoast's strongest rental markets. This building features a new boiler in 2021, low-maintenance siding, updated electrical, spacious apartments, and separate entrances for each tenant. Two units are currently vacant for your convenience -- rent them out for an easy cap rate over 9% or owner-occupy and let the other two units pay your mortgage. The driveway can fit multiple cars side-by-side and there's even a small backyard to enjoy. Broker interest. All offers due by 8/15 at 12pm. Seller reserves the right to accept an offer prior to offer deadline.
Closed
Listed by: KW Coastal and Lakes & Mountains Realty • Evan Cochran
Bought with: Allen Family Real Estate
$525,000
16-20 Central Street, Somersworth, NH 03878
8beds
3,160sqft
Multi Family
Built in 1890
-- sqft lot
$619,400 Zestimate®
$166/sqft
$2,025 Estimated rent
Home value
$619,400
$582,000 - $657,000
$2,025/mo
Zestimate® history
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$2,972/mo
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List your homeWhat's special
Separate entrancesSpacious apartmentsNew boilerUpdated electrical
Zillow last checked:
Listing updated:
Listed by:
Evan Cochran,
KW Coastal and Lakes & Mountains Realty 603-610-8500,
Franco DiRienzo,
KW Coastal and Lakes & Mountains Realty
Bought with:
Michael Allen
Allen Family Real Estate
Source: PrimeMLS,MLS#: 4964907
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Owned Water Heater, Tank Water Heater, Water Heater
Features
- Flooring: Hardwood, Vinyl Plank
- Basement: Unfinished,Walk-Up Access
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
- Finished area above ground: 3,160
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Paved, Driveway, Parking Spaces 1 - 10
- Has uncovered spaces: Yes
Features
- Levels: 3
- Patio & porch: Covered Porch
- Exterior features: Deck
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Neighborhood
Details
- Parcel number: SMSWM09B198L0
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None, No Internet
Community & HOA
Location
- Region: Somersworth
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $480,300
- Annual tax amount: $7,669
- Date on market: 8/10/2023
- Exclusions: Laundry machines in 16 Central St belong to tenant
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2023 | Sold | $525,000+5%$166/sqft |
Source:  PrimeMLS #4964907 Report a problem | ||
| 8/15/2023 | Contingent | $499,900$158/sqft |
Source: PrimeMLS #4964907 Report a problem | ||
| 8/15/2023 | Price change | $499,900+8.7%$158/sqft |
Source: PrimeMLS #4964907 Report a problem | ||
| 8/10/2023 | Listed for sale | $459,900+7%$146/sqft |
Source: PrimeMLS #4964907 Report a problem | ||
| 7/20/2022 | Listing removed | -- |
Source: PrimeMLS #4916513 Report a problem | ||
| 6/20/2022 | Listed for sale | $429,900+38.9%$136/sqft |
Source: PrimeMLS #4916513 Report a problem | ||
| 4/1/2020 | Sold | $309,533+8.6%$98/sqft |
Source: Public Record Report a problem | ||
| 2/22/2005 | Sold | $285,000+72.7%$90/sqft |
Source: Public Record Report a problem | ||
| 5/7/2002 | Sold | $165,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,982 +12.3% | $480,300 +75.9% |
| 2023 | $7,999 +4.3% | $273,000 |
| 2022 | $7,669 +0.4% | $273,000 -1.6% |
| 2021 | $7,637 -1.2% | $277,400 |
| 2020 | $7,726 -0.3% | $277,400 -2.3% |
| 2019 | $7,748 +32.2% | $284,000 +61.8% |
| 2018 | $5,863 +1% | $175,500 |
| 2017 | $5,807 +3.5% | $175,500 +0.5% |
| 2016 | $5,608 -0.4% | $174,600 |
| 2015 | $5,631 +3.6% | $174,600 |
| 2014 | $5,437 | $174,600 |
Find assessor info on the county website
Neighborhood: 03878
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Nearby schools
GreatSchools rating
- NAMaple Wood Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Somersworth Middle SchoolGrades: 6-8Distance: 0.7 mi
- NASomersworth High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$619,400
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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
$619,400
- New Hampshire
- Strafford County
- Somersworth
- 03878
- 16-20 Central Street
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