Property Details
Basic Information
- MLS Number: 5035288
- List Price: $750,000
- Lot Description: City Lot, Corner
- Date Listed: 04/08/2025
- Units: 4
- Description: Investor opportunity in the heart of charming Newmarket! 11 Spring Street is a recently renovated 4-unit multifamily property featuring two spacious 2-bedroom units and two 1-bedroom units-perfect for owner-occupants or savvy investors looking to expand their portfolio. Some recent improvements include cosmetic renovations to all four apartments, electrical and plumbing upgrades, multiple water new heaters, and a brand new roof. The property provides ample off-street parking with a small side yard nestled in a quiet neighborhood. Situated on a corner lot, the location is unbeatable-just a short walk to Main Street Newmarket's shops, restaurants, and waterfront. Tenants enjoy easy access to the University of New Hampshire, Route 108, and a quick commute to Portsmouth and Dover. One 2-bedroom apartment will be vacant at time of sale allowing for an owner-occupant to call this their own. Whether you're looking for strong rental income, owner-occupancy with rental support, or a turnkey investment in a high-demand rental market, this property checks all the boxes. Owner is a licensed New Hampshire real estate salesperson.
Building
- Acreage: 0.11
- Square Feet: 3,030
- Year Built: 1900
- Zoning: M2
- Roof: Metal, Asphalt Shingle
- Building Construction: Wood Frame, Vinyl Exterior
- Foundation: Brick, Stone
Location
- County: Rockingham
- Town: Newmarket
Finance
- Taxes: $9,413.5
Interior Features
Bathrooms
- Bathrooms: 4
Basement
- Basement: Unfinished
Exterior Features
Exterior Features
- Exterior Color: Beige
Utilities and Appliances
Utilities and Appliances
- Utilities: Underground Gas
Community
Amenities
- Other Amenities: Basement
Other Details
Water
- Water View: No
- Water: Public