38-40 Franklin Street, Somersworth, NH 03878

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Status:Sold
MLS #:4799697
Beds:5
Baths:3 Baths (2 F, 1 H)
Type:Duplex
Size:2,524 ft²
Lot Size:4,792 ft²

Features

  • Several years of consistent rental history
  • Separate utilities for each unit
  • Large barn offers additional storage
  • Ample off-street parking available
  • Convenient Somersworth location

Remarks

INVESTORS TAKE NOTICE! Now is the time to invest in real estate and create some positive cash flow for your portfolio. The need is high for multi-bedroom rentals and there is not enough available to fill the need. This 2-unit, 3-story duplex has separate utilities and heating units, front and rear entrances, basement access and a shared over-sized barn with two bays plus additional off-street parking. Finished 3rd floor offers additional space for a game room or space for guests. Consistent rental history over the last several years but now is the time to update and renovate this Antique Colonial and bring back its luster. New garage doors installed on the barn in 2017 and a new hot water heater in Unit #38 in 2012. Many replacement windows throughout the building already done. Public water/sewer a plus. Conveniently located with easy access to major roads. Interior and exterior needs some work. Property being sold “As-Is”.

General Information

Zoning:
RES-3
School District:
Somersworth
Cross Street:
High Street
Annual Property Tax:
4600
County:
Strafford
Area Amenities:
Shopping, schools nearby, city lot, sidewalks, close to Maine border

Building Details

Year Built:
1846
# of Stories:
3
Roof Type:
Asphalt
Style:
Colonial Duplex
Heating/Ventilation:
Natural Gas/Kerosene
Air Conditioning:
Window units
Sewer:
Public
Water:
Public
Foundation:
Stone, concrete
Garage:
2-bay barn
Exterior:
Asbestos clapboards
Flooring:
Wood, Laminate
Basement:
Full, dirt, concrete
Rooms:
13

Commercial Details

Annual Gross Income:
25800
# of Units:
2
Unit Rental Price Range:
$900-$1200

Amenities

  • Built-ins
  • Ceiling Fan(s)
  • Dryer
  • Laminate Flooring
  • Linoleum
  • Offstreet Parking
  • Porch
  • Range / Oven
  • Refrigerator
  • Smoke Detectors
  • Storage Area
  • Stove
  • Washer
  • Washer/Dryer
Lori Barrett REALTORr Licensed in Maine and NH

Lori Barrett, REALTORr
Licensed in Maine and NH

(207) 337-1515
Direct
(207) 363-4300
Office
(207) 363-1458
Fax
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More Info

Coldwell Banker Yorke Realty

529 U.S. Route 1, Suite 101
York, ME 03909

ME Lic. #BR914300 / NH Lic. #065507

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