Single-Level Duplex Income
161 Blackwater Road Somersworth, NH 03878
161 Blackwater Road, Somersworth, NH, 03878
$379,900
For Sale
$379,900
Single-level duplex with two occupied 2-bedroom units, recent hot water heaters, and ample parking.
Property Size3,106 SF
Lot Size0.50 Acres
Price / SF$122.31
Days on Market47
Property Features for 161 Blackwater Road
General Information
- Standard status
- Active
- Size
- 3,106 SF
- Lot size
- 0.50 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1940
Listing Agency
Kw Coastal And Lakes & Mountains Realty
(603) 828-6176
Listed by
Joseph Citera
(603) 828-6176
Source
Threehillsres
Added: Jun 4 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 6:24 am
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 Kw Coastal And Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
161 Blackwater Road presents a single-level duplex with two separate, occupied units. Each unit offers 2 bedrooms and 1 bathroom, providing a straightforward layout for day-to-day living and tenant use. The property includes plenty of parking, and updates and maintenance appear well handled, including recent hot water heaters and heating systems that have been maintained very well.
The duplex sits on just over half an acre in Somersworth, New Hampshire. With its off-street parking and single-level configuration, the building is designed for convenient access and manageable operations.
From an ownership standpoint, the current tenancy structure may appeal to buyers looking for an income-producing residential duplex with existing rental activity. One unit is on a month-to-month arrangement, while the other is under a 12-month lease. Reported net operating income is just over $31,000 per year, giving investors a measurable starting point when evaluating performance and holding strategy.
The duplex sits on just over half an acre in Somersworth, New Hampshire. With its off-street parking and single-level configuration, the building is designed for convenient access and manageable operations.
From an ownership standpoint, the current tenancy structure may appeal to buyers looking for an income-producing residential duplex with existing rental activity. One unit is on a month-to-month arrangement, while the other is under a 12-month lease. Reported net operating income is just over $31,000 per year, giving investors a measurable starting point when evaluating performance and holding strategy.
Key Highlights
- Duplex on just over half an acre in Somersworth, NH, built in 1940
- Two occupied 2‑bedroom, 1‑bath units
- Single‑level layout with plenty of parking
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 | $46.6k | $15.00 |
| − Vacancy | −$1.5k | −$0.50 |
| EGI | $45.0k | $14.50 |
| − OpEx | −$13.5k | −$4.35 |
| NOI | $31.5k | $10.15 |
3,106 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.4K
$394.1K – $525.5K
NOI $31,530 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$415.4K
$363.5K – $484.7K
NOI $29,080 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$831.0K
$727.1K – $969.5K
NOI $58,167 @ 7.0% cap · market cap 15.31%
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 occupied 2-bedroom units, recent hot water heaters, and ample parking.
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: Duplex on just over half an acre in Somersworth, NH, built in 1940; Two occupied 2‑bedroom, 1‑bath units; Single‑level layout with plenty of parking
