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$750,000
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Property Description
Investor opportunity in the heart of charming Newmarket! 11 Spring Street is a recently renovated 4-unit multifamily property featuring two spacious 2-bedroom units and two 1-bedroom units-perfect for owner-occupants or savvy investors looking to expand their portfolio. Some recent improvements include cosmetic renovations to all four apartments, electrical and plumbing upgrades, multiple water new heaters, and a brand new roof. The property provides ample off-street parking with a small side yard nestled in a quiet neighborhood. Situated on a corner lot, the location is unbeatable-just a short walk to Main Street Newmarket's shops, restaurants, and waterfront. Tenants enjoy easy access to the University of New Hampshire, Route 108, and a quick commute to Portsmouth and Dover. One 2-bedroom apartment will be vacant at time of sale allowing for an owner-occupant to call this their own. Whether you're looking for strong rental income, owner-occupancy with rental support, or a turnkey investment in a high-demand rental market, this property checks all the boxes. Owner is a licensed New Hampshire real estate salesperson.
Full Property Details
Full Property Details for 11 Spring St
General
- Sold For: $750,000
- Taxes: $9,413 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5035288
- Added to Site: 322 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit4=Annual,
Exterior
- Color: Beige
Parking
- Parking: Off Street, Parking Spaces 5 - 10
Location
- County: Rockingham
- Driving Directions: Route 108 to Elm Street, left on Spring Street
Heating & Cooling
- Cooling Type: Mini Split, None
- Heating Type: Natural Gas, Hot Water
- Furnaces: 4
- Water Heaters: 4
Utilities
- Sewer: Public
- Separate Meters: Yes
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Metal, Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 3,030 Sq. Ft.
- Finished Above Grnd: 3,030 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Frontage: TBD
- Driveway/Sidewalk: Gravel
- Zoning: M2
Financial Considerations
- Price Per Sq. Ft.: $247.52
- Tax Amount: $9,413.5
- Tax Year: 2024
Disclosures and Reports
- Block: 44
Listed by Downtown Realty, Matthew Lefebvre
Sold by Aland Realty, Scott. Moreau
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Schools
Schools serving 11 Spring St
School District:Newmarket School District
| Name | Grades | Distance |
|---|---|---|
Newmarket Elementary School 243 South Main Street, Newmarket, NH 03857 | PK-5 | 0.8 mi |
Newmarket Jr.-Sr. High (Elem) 213 South Main Street, Newmarket, NH 03857 | 6-8 | 0.5 mi |
Newmarket Jr.-Sr. High School 213 South Main Street, Newmarket, NH 03857 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 Spring St
Date
Details
Price
Change
Source
5/28/2025
Sold
$750,000
—
MLS
4/08/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11 Spring Street, Newmarket, NH 03857 (MLS# 5035288) is a Multi-Family property that was sold at $750,000 on May 28, 2025. Want to learn more about 11 Spring Street? Do you have questions about finding other Multi-Family real estate for sale in Newmarket? You can browse all Newmarket real estate or contact a Coldwell Banker agent to request more information.

