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$500,000
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Property Description
Don't miss this perfect opportunity to own a prime investment property in the heart of downtown Newmarket. This well-maintained 3-unit multi-family home offers strong potential for rental income and future equity growth. The first floor features two one-bedroom, one-bath units, while the second floor consists of a desirable two-bedroom, two-bath layout-ideal for owner occupancy or maximizing rental income. Tenants are in place, with the final lease expiring September 30, 2025. All units are currently rented below market value, offering room for increased returns over time. Inside, you'll find charming details such as hardwood floors and a beautiful tin ceiling, adding character to the space. Major updates include a newer roof, siding, and windows, providing peace of mind for investors. Located just a short walk from downtown shops, restaurants, and the waterfront, this property offers both convenience and appeal for tenants. A solid addition to any real estate portfolio! Showings begin on Monday 8/4/25 with appointments during block times to accommodate tenants
Full Property Details
Full Property Details for 8 South St
General
- Sold For: $500,000
- Taxes: $6,601 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5054581
- Added to Site: 170 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Month to Month,
Interior
- Flooring: Carpet, Tile, Wood
Exterior
- Color: Tan
Location
- County: Rockingham
School Information
- School District: Newmarket SAU #31
- Elementary School: Newmarket Elem School
- Middle School: Newmarket Junior High School
- High School: Newmarket Senior HS
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Hot Water
- Furnaces: 1
- Water Heaters: 1
Utilities
- Sewer: Public
- # Electric Meters: 2
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Finished Total: 1,581 Sq. Ft.
- Finished Above Grnd: 1,581 Sq. Ft.
- Year Built: 1910
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Unit Description: apartment
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Frontage: Yes Road Frontage
- Frontage Feet: 64
- Driveway/Sidewalk: Paved
- Zoning: M2
Financial Considerations
- Price Per Sq. Ft.: $296.65
- Assessment Year: 2024
- Assessment Amount: $383,800
- Tax Amount: $6,601
- Tax Year: 2024
Disclosures and Reports
- Block: 17
Listed by BHG Masiello Durham, Tina Feegel-Sloan and Beth Rohde Campbell
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Schools
Schools serving 8 South St
School District:Newmarket School District
| Name | Grades | Distance |
|---|---|---|
Newmarket Elementary School 243 South Main Street, Newmarket, NH 03857 | PK-5 | 0.7 mi |
Newmarket Jr.-Sr. High (Elem) 213 South Main Street, Newmarket, NH 03857 | 6-8 | 0.4 mi |
Newmarket Jr.-Sr. High School 213 South Main Street, Newmarket, NH 03857 | 9-12 | 0.4 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 8 South St
Date
Details
Price
Change
Source
9/22/2025
Sold
$500,000
6.61%
MLS
8/01/2025
Listed
$469,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8 South Street, Newmarket, NH 03857 (MLS# 5054581) is a Multi-Family property that was sold at $500,000 on September 22, 2025. Want to learn more about 8 South 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.


