Bought with Paula Viera • Coldwell Banker Realty - Portsmouth, NH
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8 South ST Newmarket, NH 03857
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Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,581 sqft
Price per Sqft $316
MLS Listing ID 5054581
Sold Date 09/22/25
Bedrooms 4
Full Baths 3
Construction Status Existing
Year Built 1910
Annual Tax Amount $6,601
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Don't miss this perfect opportunity to own a prime investment property in the heart of downtown Newmarket. This well-maintained 3-unit multi-family home offers strong potential for rental income and future equity growth. The first floor features two one-bedroom, one-bath units, while the second floor consists of a desirable two-bedroom, two-bath layout—ideal for owner occupancy or maximizing rental income. Tenants are in place, with the final lease expiring September 30, 2025. All units are currently rented below market value, offering room for increased returns over time. Inside, you'll find charming details such as hardwood floors and a beautiful tin ceiling, adding character to the space. Major updates include a newer roof, siding, and windows, providing peace of mind for investors. Located just a short walk from downtown shops, restaurants, and the waterfront, this property offers both convenience and appeal for tenants. A solid addition to any real estate portfolio! Showings begin on Monday 8/4/25 with appointments during block times to accommodate tenants
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning M2
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Cooling None
Flooring Carpet, Tile, Wood
Exterior
Utilities Available Cable Available, Telephone Available
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Newmarket Elem School
Middle Schools Newmarket Junior High School
High Schools Newmarket Senior Hs
School District Newmarket Sau #31
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