Building Details

Year Built 1834

Tenancy Multi

Listing Agency: Realty One Group Next Level - Nashua

Listed By: Brianne Healey Show Phone

Source: Megansellsnh

Added: Jul 8 Changed: Sep 15 Last Checked: Oct 7 at 4:45PM

Report an Issue

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 Realty One Group Next Level - Nashua

Investment Insights

Based on property information with market context.

This fully occupied four-unit residential income property offers 3,841 square feet of finished living space across four apartments with generously sized bedrooms, living rooms, and kitchens. The building combines modern updates with classic character, and recent improvements include updated siding, roof, windows, exterior stairs, and decking.

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,992

Cap Rate

5.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$779,840 $779.8K

Cap Rate 7%

$557,029 $557.0K

Cap Rate 9%

$433,244 $433.2K

Market Conditions

NOI Build-Up for 3,841 SF

Gross rent

$57.6K $15.00/SF

− Vacancy

−$1.9K −$0.50/SF

EGI

$55.7K $14.50/SF

− OpEx

−$16.7K −$4.35/SF

NOI

$39.0K $10.15/SF

Area

Strafford County, NH

Vacancy

3.32%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$779,840

Cap Rate 7%

$557,029

Cap Rate 9%

$433,244

Alternative Uses

Best Use

Multifamily LT 5

$557.0K

$487.4K – $649.9K (±1% cap)

NOI $38,992 @ 7.0% cap · market cap 5.27%

Second Best

Apartment 5plus

$513.7K

$449.5K – $599.4K (±1% cap)

NOI $35,961 @ 7.0% cap · market cap 4.86%

Theoretical Best

Office A

$1.03M

$899.1K – $1.20M (±1% cap)

NOI $71,931 @ 7.0% cap · market cap 9.72%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Grocery & Convenience Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

376

Businesses Nearby

Explore this area Business Placement

Demographics for 03878, NH

11,919

Population

5,722

Households

2.1

Avg Household Size

40

Median Age

29%

College-Educated

95%

High-School Grad

9.8 sq mi

ZIP Area

1,216

Density / Sq Mi

$79,691

Median Household Income

$47,638

Median Earnings

$1,410

Median Rent

$295,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Gutted Mixed-Use Redevelopment Property

25 High Street, Somersworth, NH 03878

$375,000

3,640 SF

View details

Freestanding Medical Office Building

504 High Street, Somersworth, NH 03878

$485,000

1,719 SF

View details

Retail Building with Flexible Layout

379 High Street, Somersworth, NH 03878

$455,000

1,344 SF

View details

2-Unit Duplex

161 Blackwater Road, Somersworth, NH 03878

$349,900

1,609 SF

View details

NNN Retail Property

445 High St, Somersworth, NH 03878

Contact for pricing

4.55 Acres

View details

KO Storage Self-Storage Facility

108 Tri City Rd, Somersworth, NH 03878

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Quadplex - Fully occupied four-unit property with updated exterior components, off-street parking, and a full unfinished basement for storage or expansion.

Where is this quadplex located?

The property is located at 17 Broad St Somersworth, NH.

What is the asking price?

The asking price for this property is $739,900.

What are key features of this property?

This property features: 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