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  • Listed by: 

    Andy Yau,

    RE/MAX Shoreline 603-431-1111

    $777,000

    53-55 Franklin Street, Somersworth, NH 03878

    8beds
    4baths
    4,062sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $780,100 Zestimate®
    $191/sqft
    $2,875 Estimated rent

    What's special

    UNBEATABLE CASHFLOW! - Current 9.41%+ cap rate. No Need to look further as this is the cash-flowing quadplex everyone has been searching for—ideal for an investor or an owner-occupant. Small apartments no more with over 4,000 sf total; the units are spacious, offering large bedrooms, open kitchens, and living rooms. Tour through the units and enjoy updates throughout with granite countertops in all kitchens and stainless steel appliances. Discover sleek, modern flooring throughout all units. Each unit includes a private enclosed porch with abundant windows for natural light, ideal for tenants to relax and unwind on warm summer days. Recent upgrades include new back deck/steps, vinyl replacement windows throughout, a new roof, 2 new water heaters, and a highly efficient 9-years-young natural gas heating system utilizing condensing & sealed two stage combustion technology. Situated in up-and-coming Somersworth, NH, this property is at the heart of a thriving market with hundreds of new construction apartments and vibrant commercial developments planned for the next few years. Just 6 minutes from Dover, 20 minutes from historic Portsmouth, and a little over an hour from Boston, MA, tenants enjoy easy access to urban amenities, coastal charm, and regional connectivity. Act fast as this will not last. Delayed PRIVATE showings begin on Friday, May 9 & Sat, May 10, from 11-1PM.

    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2025 at 01:22pm

    Listed by:

    Andy Yau,

    RE/MAX Shoreline 603-431-1111

    Bought with:

    Carol Lavigne

    RE/MAX Shoreline

    Source: PrimeMLS,MLS#: 5039502MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Natural Gas, Hot Water
    Cooling
    • Other
    Features
    • Basement: Concrete Floor,Walk-Up Access
    Interior area
    • Total structure area: 7,419
    • Total interior livable area: 4,062 sqft
    • Finished area above ground: 4,062

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    Lot
    • Size: 6,534 sqft
    • Features: City Lot, Level
    Details
    • Zoning description: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Exterior
    • Foundation: Concrete Perimeter, Stone
    • Roof: Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Internet - Cable

    Community & neighborhood

    Location
    • Region: Somersworth
    Services availability
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    $780,100
    2% more+ $15,602
    With Zillow Showcase(estimated)
    $795,702