Four-Unit Multifamily
17 Broad Street, Somersworth, NH 03878
New
MULTI_FAMILY - Other - Somersworth, NH
Property size:
3,841 SFLot size:
0.25 AcresPrice / SF:
$192/SF- Added:
- Jul 5, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 17 Broad Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3H
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 1, Bathroom 3, Basement, Bedroom 4, Bedroom 6
- Parking features
- On Street, Garage, Off Street, Driveway
- Standard status
- Active
- Size
- 3,841 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10945
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Attic Fan
- Water source
- Public
Building Details
- Year built
- 1834
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Brianne Healey (603) 389-6604
Listing office Realty One Group Next Level - Nashua 20 Trafalger Square., Bedford, NH (603) 262-3500
Listing date Jul 5, 2026
MLS# 5098190
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.
HighLights
- Four‑unit multifamily with 3,841 SF of finished living space and multiple bedrooms per apartment
- Year built 1834 with vinyl siding and shingle roofing
- Recent improvements include updated siding, roof, windows, exterior stairs, and decking
- Heating: natural gas hot water; cooling via attic fan
- Basement is full and unfinished, plus additional attic storage
- Parking includes garage, off‑street, and on‑street options; water source is public and cable is available
Overview
This fully occupied four-unit multifamily building includes 3,841 square feet of finished living space distributed across four spacious apartments. Each unit features generously sized bedrooms, living rooms, and kitchens. The property has benefited from recent exterior improvements, including updated siding, a roof, windows, exterior stairs, and decking, supporting a lower-maintenance ownership experience. Additional conveniences include ample off-street parking, abundant storage with a full unfinished basement plus added attic storage, and a large backyard that provides outdoor space for residents.
Located at 17 Broad Street in Somersworth, the property is positioned in an in-town setting. The listing notes convenience to shopping, restaurants, schools, parks, major commuter routes, and downtown Somersworth.
For buyers seeking a ready-to-operate income property, the combination of full occupancy, unit layouts with comfortable living and kitchen areas, and the emphasis on exterior upkeep is designed to support straightforward management. On-site parking and multiple storage areas can also help reduce resident friction and improve day-to-day usability across the building’s four apartments.
Located at 17 Broad Street in Somersworth, the property is positioned in an in-town setting. The listing notes convenience to shopping, restaurants, schools, parks, major commuter routes, and downtown Somersworth.
For buyers seeking a ready-to-operate income property, the combination of full occupancy, unit layouts with comfortable living and kitchen areas, and the emphasis on exterior upkeep is designed to support straightforward management. On-site parking and multiple storage areas can also help reduce resident friction and improve day-to-day usability across the building’s four apartments.
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 |
3,841 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$557.0K
$487.4K – $649.9K
NOI $38,992 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$513.7K
$449.5K – $599.4K
NOI $35,961 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.03M
$899.1K – $1.20M
NOI $71,931 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Somersworth
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.862978
- Latitude
- 43.257566
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property with recent exterior updates, ample parking and storage, and a large backyard.
Where is this quadplex located?
The property is located at 17 Broad Street 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: Four‑unit multifamily with 3,841 SF of finished living space and multiple bedrooms per apartment; Year built 1834 with vinyl siding and shingle roofing; Recent improvements include updated siding, roof, windows, exterior stairs, and decking
