Listed by Joe Nelson • Bean Group / Portsmouth. Bought with Arthur Thomas Properties.
Off market oct 2011 for $380K
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5
bd
•
8 ba
•
3,097
sq ft
29 Spring, Newmarket, NH 03857
About this home
9th Unit is rented for $540. Well maintained investment property with 2 buildings and 9 total units. 12% cap rate at list price. Five- 1 BR units and four studios. Tenants pay heat, hot water and electricity. Ample parking on site with another 6 parking spots behind the property accessed off of Granite Street.
GREAT INCOME PROPERTY, 2 BUILDINGS, 9 UNITS, GOOD RENTAL HISTORY, 100% OCCUPIED. ALL UTILITIES HEATING SEPARATE EXCEPT PUBLIC WATER/SEWER. CONVENIENT LOCATION WITH OFF STREET PARKING.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Rockingham County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 9, 2023.
Apr 25, 2007 • Final
Building
Work on a roof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Baths (full): 9
Basement Information
Basement: Yes
Multi-Unit Information
Total Units: 9
# of 1 Bedroom Units: 9
# of Baths (full): 8
Water: Public
Sewer: Public
Electric: 100 Amp
Construction: Wood Frame
Foundation: Concrete, Stone
Exterior: Aluminum
Roof: Shingle - Asphalt
Driveway: Paved
Heating: Baseboard
Heat Fuel: Electric
Water Heater: Electric
Basement Description: Partial
Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Unit 1 Rooms: 2
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 1
Unit 2 Rooms: 3
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 0
Unit 3 Rooms: 2
Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Rooms: 3
Unit 5 Information
Unit 5 Baths: 1
Unit 5 Bedrooms: 1
Unit 5 Rooms: 3
Unit 6 Information
Unit 6 Baths: 1
Unit 6 Bedrooms: 0
Unit 6 Rooms: 2
Unit 6 Rooms: 2
Unit 7 Information
Unit 7 Baths: 1
Unit 7 Bedrooms: 1
Unit 7 Rooms: 3
Unit 8 Information
Unit 8 Baths: 1
Unit 8 Bedrooms: 0
Unit 8 Rooms: 2
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 3097
Color: Yellow
Lot, Zoning, & Easement Information
Lot: 11
Sloping
Other Property & Lot Information
Year Built: 1900
Financial
Assessment Information
Assessment Amount: 501200
Assessment Year: 2010
Tax Information
Tax Year: 2010
Tax Rate: 22
Taxes Expenses: 11027
Gross Amount Tax: 11027
Other Tax Information
Page Deed: 0476
Utilities
Water Information
Water Expenses: 2019
Other Utilities Information
Utility Expenses: 2336
Varies
Location
School Information
School District: Newmarket SAU #31
Road Information
Road Frontage: Yes
Road Frontage Length: 60
Public
Other Location Information
Directions: Off of Main Street, turn onto Elm Street. Take first left onto Spring Street. Property on left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Rockingham County
APN: —
Home facts updated by county records on Apr 9, 2023
Other
Expense Information
Annual Expenses: 21308
Maintenance Expenses: 2000
Insurance Expenses: 3557
Snow Expenses: 340
Water Body Information
Flood Zone: Unknown
Around this home
Schools
K - 12
Preschool & daycare
Newmarket Elementary School
Public PreK-5 • Assigned • 0.8mi
9/10
Newmarket Jr.-Sr. High (Middle)
Public 6-8 • Assigned • 0.5mi
5/10
Newmarket Jr.-Sr. High School
Public 9-12 • Assigned • 0.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Newmarket, NH • 03857
Average low and high temperatures (°F)
31°
16°
34°
16°
48°
29°
57°
38°
67°
48°
79°
58°
84°
63°
81°
57°
75°
52°
63°
42°
50°
34°
36°
21°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.