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$780,000
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Property Description
Prime investment opportunity in downtown Somersworth perfect for your portfolio or owner occupant looking to take advantage of a well-maintained four unit property. Located on an oversized lot with plenty of parking and backyard the units consist of 3 (2) bedroom units and 1 (4) bedroom unit. Tenants enjoy separately metered utilities and washer and dryer hookups in each. The front original structure built in 1885 has a spacious feel to it with the first floor two bedroom unit having been extensively renovated with brand new kitchen, butcher block countertops and refinished oak hardwood floors. The upstairs largest unit consisting of four bedrooms has the most potential with both space and updating. A rare find, the back two units were built in 2005 as side-by-side townhouse style units. The mirror image units feature an open living and kitchen space, with two spacious bedrooms on the second floor as well as one and a half bathrooms. Boasting an impressive cap rate of 7.89% with the landlord paying for only town water and sewer for utilities, this property offers an excellent balance of low maintenance, cashflow and modern updates. Showings begin 11AM to 1PM on February 15th, 2025.
Full Property Details
Full Property Details for 63-65 Union St
General
- Sold For: $780,000
- Taxes: $11,788 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5028685
- Added to Site: 380 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit2=Annual, Unit3=Annual, Unit4=Month to Month,
Exterior
- Color: White
Location
- County: Strafford
- Driving Directions: To get from downtown Somersworth, NH to 63-65 Union Street, start at the intersection of Main Street and High Street. Head west on Main Street towards Union Street, then turn left onto Union Street. Continue on Union Street for about 0.2 miles, and 63-65 Union Street will be on your left.
School Information
- School District: Somersworth
- Elementary School: Idlehurst Elementary
- Middle School: Somersworth Middle School
- High School: Somersworth High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Hot Water
Utilities
- Sewer: Public
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete, Concrete Floor, Insulated, Stairs - Interior, Interior Access
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 4,306 Sq. Ft.
- Finished Above Grnd: 4,306 Sq. Ft.
- Year Built: 1885
Unit Information
- 2 Bedroom Units: 3
- 3 Bedroom Units: 1
Unit 1
- Level: 2nd + 3rd
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Townhouse
- Level: 1st + 2nd
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Townhouse
- Level: 1st + 2nd
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Frontage: Yes Road Frontage
- Frontage Feet: 71
- Driveway/Sidewalk: Paved
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $179.98
- Assessment Year: 2023
- Assessment Amount: $357,200
- Tax Amount: $11,788
- Tax Year: 2024
Disclosures and Reports
- Surveyed: Yes
- Block: 159
Listed by KW Coastal and Lakes & Mountains Realty, Jaylan Archer
Sold by The Aland Realty Group, Lauren. Belaidi
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Schools
Schools serving 63-65 Union St
School District:Somersworth School District
| Name | Grades | Distance |
|---|---|---|
Idlehurst Elementary School 46 Stackpole Road, Somersworth, NH 03878 | PK-2 | 1.2 mi |
Somersworth High School 11 Memorial Drive, Somersworth, NH 03878 | 9-12 | 0.7 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 63-65 Union St
Date
Details
Price
Change
Source
3/31/2025
Sold
$780,000
0.65%
MLS
2/06/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
63-65 Union Street, Somersworth, NH 03878 (MLS# 5028685) is a Multi-Family property that was sold at $780,000 on March 31, 2025. Want to learn more about 63-65 Union 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.

