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53-55 Franklin Street, 
Somersworth, NH 03878

$799,900


Bed


Bath


4,062

Sq Ft


Multi-Family

Active

Listed by

Andy Yau

RE/MAX Shoreline

603-431-1111

Last updated:

May 29, 2025, 10:23 AM

MLS#

5039502

Source:

PrimeMLS

About This Home

53-55 Franklin Street

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.

Home Facts

Multi-Family

Built in 1880

Price Summary

799,900

$196 per Sq. Ft.

MLS #:

5039502

Last Updated:

May 29, 2025, 10:23 AM

Added:

25 day(s) ago


Rooms & Interior

Interior

Living Area:

4,062 Sq. Ft.


Structure

Structure

Building Area:

7,419 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$799,900

Price per Sq. Ft:

$196 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 31, 2025

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