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223 High St

somersworth, NH 03878

US$750,000

  • Contract signed

Interested? Let's Connect

Location, history, and exceptional return on investment. Welcome to 223 High Street in Somersworth, a standout 4-unit property in the heart of the city. This well-maintained historic multi-family seamlessly blends classic character with modern updates, offering both charm and peace of mind. The property is in excellent condition, featuring updated systems, separate utilities, and off street parking—helping to minimize expenses and ensure a smooth, low-maintenance transition for the next owner. The building offers a well-balanced unit mix, with two first-floor units (one 2-bedroom and one 1-bedroom) and two second-floor units (one 2-bedroom and one 1-bedroom studio). All units have been updated, provide ample natural light, and are fully leased, making this a true turn-key investment. With strong income already in place and a 6.98% cap rate, this property is ideal for investors seeking a stable, cash-flowing asset. Ideally located just minutes from downtown, shopping, and major commuter routes, 223 High Street offers the accessibility tenants value and the performance investors seek. A rare opportunity to acquire a fully occupied, income-producing property with proven returns and long-term growth potential.

Details

0.36 Private Acres Lot Size

investment

Built in 1870

MLS/Listing ID 5082325

4 Units

Amenities & Features

Construction - Vinyl Siding

Construction - Wood Frame

Style - Multi Family

Style - Multi Level

Lot - Landscaped

Lot - Level

Stone

Brick Mortar

Heating - Natural Gas

Lot - Open Lot

Heating - Hot Water

Interested In 223 High St?