Adam Dow Real Estate

28 Elm StreetNewmarket, NH 03857Sale Price: $1,725,000

  • Sale Price: $1,725,000
  • 19 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,725,000Sale Price
  • $1,950,000List Price
  • 7Bathrooms
  • 0.3Acreage
  • 7,144Square Feet
Listed by Carol Parker of Engel & Volkers Wellesley

Sold by Jared Trayer of Chinburg Management, LLC

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INVESTMENT OPPORTUNITY. Commanding a prime spot in the heart of town, this well-constructed and impeccably maintained property boasts over 8,000 sq. ft., comprising 7 units, two of which are multi-level units. All have well-equipped kitchens and generous living space. The building offers coin-op laundry and off-street parking for all tenants. This attractive income-generating property grosses $200,000/year and shows a strong, consistent rental history of all units being occupied. Excellent opportunity for future capital gains over time. Nestled on the banks of the Lamprey River, Newmarket was voted one of the 'most charming small towns in America', according to HGTV. With its laid-back quintessential New England feel, it is ideally located, offering a myriad of activities including: restaurants, breweries, outdoor events, shopping, hiking, as well as easy access to the University of New Hampshire in Durham and Great Bay (kayaking, boating and trail walks). Only a 25-minute drive to the City of Portsmouth, within an hour to Boston, easy access to international airports. A must-see for wise investors. Call me today for immediate showings.

Property Details of 28 Elm Street

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 3, 2023 3:38 AM EDT

 

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