Duplex with On-Site
161 Blackwater Road Somersworth, NH 03878
161 Blackwater Road, Somersworth, NH, 03878
$379,900
For Sale
$379,900
MULTI_FAMILY - Other - Somersworth, NH
Property Size1,609 SF
Lot Size0.53 Acres
Price / SF$236.11
Days on Market58
Property Features for 161 Blackwater Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1
- Standard status
- Active
- Size
- 1,609 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5722
Utilities
- Utilities
- Cable Available
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
KW Coastal and Lakes & Mountains Realty
(603) 610-8500
750 Lafayette Rd., Portsmouth, NH
Listed by
Joseph Citera
(603) 610-8500
Added: May 23 Checked: Jul 19 at 6:06 pm
MLS# 5090596
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
161 Blackwater Road presents a single-level duplex with two independently leased units. Each unit offers 2 bedrooms and 1 bathroom, and the property includes on-site parking. The seller reports recent hot water heaters and heating systems that have been maintained very well. Current leasing includes one tenant on a month-to-month arrangement and the other on a 12-month lease.
The building sits on just over half an acre in Somersworth, New Hampshire. The property is being offered for sale and is described as a cash-flowing duplex. The reported NOI is just over $31K per year, with the seller noting the opportunity for it to exceed that figure.
This is a practical fit for investors seeking a small residential income asset with an established rental setup, or for an owner-occupant interested in a “house hack” structure supported by existing tenants. The mix of lease terms may appeal to buyers who want some flexibility while maintaining a longer-term tenant in place. For scheduling and access, please do not inquire within the premises.
The building sits on just over half an acre in Somersworth, New Hampshire. The property is being offered for sale and is described as a cash-flowing duplex. The reported NOI is just over $31K per year, with the seller noting the opportunity for it to exceed that figure.
This is a practical fit for investors seeking a small residential income asset with an established rental setup, or for an owner-occupant interested in a “house hack” structure supported by existing tenants. The mix of lease terms may appeal to buyers who want some flexibility while maintaining a longer-term tenant in place. For scheduling and access, please do not inquire within the premises.
Key Highlights
- Cash‑flowing duplex on just over half an acre in Somersworth, NH
- Each unit has 2 bedrooms, 1 bathroom, and a tenant; one is month‑to‑month and the other has a 12‑month lease
- NOI is just over $31K per year
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $15.00 |
| − Vacancy | −$801 | −$0.50 |
| EGI | $23.3k | $14.50 |
| − OpEx | −$7.0k | −$4.35 |
| NOI | $16.3k | $10.15 |
1,609 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.3K
$204.2K – $272.2K
NOI $16,334 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$215.2K
$188.3K – $251.1K
NOI $15,064 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$430.5K
$376.7K – $502.2K
NOI $30,132 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Single-level duplex with two leased 2-bedroom units, maintained systems, and plenty of parking on a 0.53-acre lot.
Where is this duplex located?
The property is located at 161 Blackwater Road Somersworth, NH.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Cash‑flowing duplex on just over half an acre in Somersworth, NH; Each unit has 2 bedrooms, 1 bathroom, and a tenant; one is month‑to‑month and the other has a 12‑month lease; NOI is just over $31K per year
