17 Broad St Somersworth, NH 03878
Fully occupied four-unit property with updated exterior components, off-street parking, and a full unfinished basement for storage or expansion.
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 9 at 2:15 am
Property Features for 17 Broad St
General Information
- Standard status
- Active
- Size
- 3,841 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1834
Listing office (603) 714-0874
Listing date Jul 8, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brianne Healey
Investment Insights
Based on property information with market context.
The property provides ample off-street parking, abundant storage space, and a full unfinished basement, along with additional attic storage. An expansive backyard adds outdoor space.
With four well-proportioned units and substantial storage and parking, the configuration is designed to support day-to-day resident convenience while helping minimize near-term exterior maintenance.
Key Highlights
- Fully occupied 4‑unit multifamily with 3,841 sq ft of finished living space
- Recent exterior improvements include updated siding, roof, windows, exterior stairs, and decking
- Ample off‑street parking plus abundant storage, including a full unfinished basement and additional attic storage
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 | $57.6k | $15.00 |
| − Vacancy | −$1.9k | −$0.50 |
| EGI | $55.7k | $14.50 |
| − OpEx | −$16.7k | −$4.35 |
| NOI | $39.0k | $10.15 |
