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18 Silver Street, Somersworth, NH 03878

$395,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 0.16 Acres
18 Silver Street, Somersworth, NH 03878View this property at 18 Silver Street, Somersworth, NH 03878
18 Silver StreetSomersworthNH03878

Property Description

This triplex is being sold at a 9.24% CAP, which produces an excellent investment income stream. Tenants pay all utilities and share in the water and sewer expense. Exterior painted in 2013 and two sets of new front stairs installed. In 2015 windows replaced in Unit A and roof completely striped and replaced with life time guaranteed architectural shingles, at $21k.

Full Property Detailsfor 18 Silver Street

General

  • Price: $395,000
  • Taxes: $5,409 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 4089538
  • Updated: 1/30/2018
  • Added: 1, 528 day(s) ago

Rental Information

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

Interior

  • Flooring: Carpet, Hardwood, Softwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior

  • Exterior Features: Deck
  • Color: Blue/Gray

Parking

  • Parking: On-Site, Parking Spaces 6+, Paved

Location

  • County: Strafford
  • Neighborhood: In Town, Near Public Transportatn
  • Driving Directions: Route 9 (High Street) to Franklin Street left onto Silver Street on right #18.

School Information

  • School District: Somersworth
  • Middle School: Somersworth Middle School
  • High School: Somersworth High School

Heating & Cooling

  • Cooling Type: Multi Zone
  • Heating Type: Baseboard, Direct Vent, Hot Water, Multi Zone, Stove
  • Heating Fuel: Gas - Natural
  • Furnaces: 3
  • Water Heater: Gas - Natural, Owned, Separate
  • Water Heaters: 3

Utilities

  • Sewer: Public
  • Water: Public
  • Trash: Curbside
  • Separate Meters: Yes
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Other
  • Construction Status: Existing
  • Construction: Wood Frame
  • Exterior Const.: Cedar, Cement, Clapboard
  • Basement: Yes
  • Basement Entrance: Walkout
  • Basement Desc.: Bulkhead, Full, Unfinished
  • Roof: Shingle - Asphalt
  • Stories/Levels: 2
  • Finished Total: 4,100 Sq. Ft.
  • Finished Above Grnd: 4,100 Sq. Ft.
  • Year Built: 1910

Unit Information

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

Unit 1

  • Unit Description: 3 Fl
  • Square Feet: 1800
  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 2

  • Unit Description: Flat
  • Square Feet: 950
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: 2 Fl
  • Square Feet: 950
  • Level: 2 and 3
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Frontage: Yes Rode Frontage
  • Frontage Feet: 65
  • Street/Road Desc.: Paved, Public
  • Driveway/Sidewalk: Paved
  • Zoning: R3
  • Lot Description: City Lot, Level

Financial Considerations

  • Price Per Sq. Ft.: $96.34
  • Operating Expenses: Advertising, Exterior Maintenance, Ground Maintenance, Insurance, Property Mgmt, Reserve, Water/Sewer
  • Assessment Year: 2016
  • Assessment Amount: $168,400
  • Tax Amount: $5,409
  • Tax Year: 2015
  • Terms: Conventional

Disclosures and Reports

  • Documents Avail.: Deed, Lease Agreements, Plot Plan, Property Disclosure
  • Restrictions: Other
  • Block: 45

Listed by NH Real Estate/Somersworth, Peter K Quinn

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Listed by NH Real Estate/Somersworth, Peter K Quinn

Schools

Schoolsserving 18 Silver Street

School District:Somersworth School District
School Name
Grades
Distance
Maple Wood Elementary School
184 Maple St, Somersworth, NH 03878
K-5
0.8 mi
Somersworth Middle School
7 Memorial Dr, Somersworth, NH 03878
6-8
0.5 mi
Somersworth High School
11 Memorial Dr, Somersworth, NH 03878
9-12
0.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 18 Silver Street Get Price Alerts

Date
Details
Price
Change
Source
9/23/2017
Price Increased
$395,000
2.6%
MLS
5/05/2017
Price Increased
$385,000
5.48%
MLS
1/13/2016
Price Increased
$365,000
2.82%
MLS
1/17/2015
Price Increased
$355,000
12.7%
MLS
11/05/2013
Price Increased
$315,000
10.53%
MLS
8/29/2011
Listed
$285,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 18 Silver Street

Listed by NH Real Estate/Somersworth, Peter K Quinn

18 Silver Street, Somersworth, NH 03878 (MLS# 4089538) is a Multi-Family property with 3 units containing 0 bedrooms and 3 full bathrooms. 18 Silver Street is currently listed for $395,000 and was received on March 16, 2014. Want to learn more about 18 Silver Street? Do you have questions about finding other Multi-Family real estate for sale in Somersworth? You can browse all Somersworth real estate or contact a Coldwell Banker agent to request more information.