Closed

Listed by: EXP Realty • Krimish B Bhagat

Bought with: RE/MAX Realty One

$635,000

9 Lincoln Avenue, Newmarket, NH 03857

--beds

2baths

2,326sqft

Multi Family

Built in 1910

-- sqft lot

$652,000 Zestimate^®

$273/sqft

$2,632 Estimated rent

Home value

$652,000

$600,000 - $711,000

$2,632/mo

Zestimate^® history

Owner options

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$2,632/mo

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$2,632/mo

Rent Zestimate^®

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$3,415/mo

Est. payment

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$3,415/mo

Est. payment

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What's special

Turnkey Multifamily Investment Opportunity! This well-maintained two-unit property is a fantastic addition to any investor’s portfolio or owen occupied property Featuring a brand-new roof and updated windows, this property requires little to no maintenance. Both units are currently occupied by long-term tenants, providing immediate rental income. With minimal upkeep needed, this is a truly hassle-free investment. Located in a desirable neighborhood with easy access to local amenities, this multifamily property offers stability and steady cash flow. Don't miss out on this low-maintenance, high-return opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 2

Heating

Oil, Baseboard

Cooling

None

Features

Basement: Unfinished,Interior Entry

Interior area

Total structure area: 3,438
Total interior livable area: 2,326 sqft
Finished area above ground: 2,326
Finished area below ground: 0

Property

Parking

Parking features: Paved

Features

Levels: 2.5
Frontage length: Road frontage: 0

Lot

Size: 6,534 Square Feet
Features: Level, Neighborhood

Details

Parcel number: NMARMU2B241L
Zoning description: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Stone
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable, Underground Oil Tank

Community & HOA

Location

Region: Newmarket

Financial & listing details

Price per square foot: $273/sqft
Tax assessed value: $470,700
Annual tax amount: $8,096
Date on market: 1/26/2025

Price history

Date	Event	Price
3/28/2025	Sold	$635,000-2.2%$273/sqft
Source: PrimeMLS #5027688 Report a problem
2/7/2025	Contingent	$649,000$279/sqft
Source: PrimeMLS #5027688 Report a problem
1/26/2025	Listed for sale	$649,000+82.8%$279/sqft
Source: PrimeMLS #5027688 Report a problem
3/31/2018	Sold	$355,000-4%$153/sqft
Source: PrimeMLS #4674680 Report a problem
2/25/2018	Pending sale	$369,900$159/sqft
Source: Bean Group / Portsmouth #4674680 Report a problem
1/29/2018	Listed for sale	$369,900+1.9%$159/sqft
Source: Bean Group / Portsmouth #4674680 Report a problem
9/1/2005	Sold	$362,900$156/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,096 +0.2%	$470,700 +71.9%
2023	$8,077 +9.3%	$273,900
2022	$7,393 +6%	$273,900
2020	$6,973 +14.1%	$273,900 +31.1%
2018	$6,111 +9.4%	$209,000
2017	$5,587 +5%	$209,000
2016	$5,319 +2%	$209,000
2015	$5,217 -3.1%	$209,000
2014	$5,382 +6.7%	$209,000 -2%
2012	$5,046 +8.2%	$213,200
2009	$4,663	$213,200