223 High St, Somersworth, NH 03878
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Lot size (acres)
- 0.36
- Year built
- 1870
Interior features
- Basement
- Yes, Finished
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Natural Gas, Hot Water
- Cooling
- None
Public schools
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Sourced from: PrimeMLS MLS®#: 5082325 Last checked: …

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