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$600,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Units
  • 0.09 Acres
  • Updated 13 days ago
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Located in the heart of vibrant downtown Newmarket, 5 1/2 Spring Street presents a rare investment opportunity featuring three separate income-producing units, with one unit thoughtfully situated on each floor. This well-positioned multi-family property offers strong rental potential, flexibility for owner-occupants, and convenient access to local restaurants, shops, and the scenic waterfront. Each unit provides its own distinct living space, creating an attractive setup for tenants seeking privacy and convenience. Whether you are looking to expand your investment portfolio or secure a versatile property in one of the Seacoast's most desirable communities, this centrally located building offers exceptional potential and long-term value. Front building (2009 build) at 5 Spring St that shares driveway area also for sale MLS #5089633.

Full Property Details for 5 1/2 Spring St

General

  • Sold For: $600,000
  • Taxes: $9,089 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5089432
  • Added to Site: 51 day(s) ago

Rental Information

  • Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual,

Location

  • County: Rockingham
  • Driving Directions: Property is behind the 3 unit building at 5 Spring St.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric
  • Water Heaters: 3

Utilities

  • Sewer: Public
  • Trash: Dumpster
  • Separate Meters: Yes
  • # Electric Meters: 4

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Walkout
  • Basement Desc.: Exterior Access, Full, Unfinished, Walkout
  • Roof: Architectural Shingle
  • Stories/Levels: 2
  • Finished Total: 2,174 Sq. Ft.
  • Finished Above Grnd: 2,174 Sq. Ft.
  • Year Built: 1920

Unit Information

  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 2
  • Units w/Refrigerators: 3
  • Units w/Range/Oven: 3

Unit 1

  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Level: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Frontage: No Road Frontage
  • Driveway/Sidewalk: Paved
  • Zoning: M2

Financial Considerations

  • Price Per Sq. Ft.: $298.99
  • Assessment Year: 2025
  • Assessment Amount: $468,000
  • Tax Amount: $9,089
  • Tax Year: 2025

Disclosures and Reports

  • Block: 40
  • Lot Number: 1

Listed by EXP Realty, David Lippmeier
Sold by EXP Realty, Tom. Bonenfant

Listed by EXP Realty, David Lippmeier
Sold by EXP Realty, Tom. Bonenfant

Listing agent

— 5 1/2 Spring St —

  • David Lippmeier

    EXP Realty

Phone: 603-828-8190

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 1/2 Spring St

School District:Newmarket School District
NameGradesDistance
Newmarket Elementary School
243 South Main Street, Newmarket, NH 03857
PK-50.9 mi
Newmarket Jr.-Sr. High (Elem)
213 South Main Street, Newmarket, NH 03857
6-80.6 mi
Newmarket Jr.-Sr. High School
213 South Main Street, Newmarket, NH 03857
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5 1/2 Spring St

Date
Details
Price
Change
Source
6/22/2026
Sold
$600,000
-7.69%
MLS
5/18/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty, David Lippmeier
Sold by EXP Realty, Tom. Bonenfant

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5 1/2 Spring Street, Newmarket, NH 03857 (MLS# 5089432) is a Multi-Family property that was sold at $600,000 on June 22, 2026. Want to learn more about 5 1/2 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.