Duplex with Two Two-Bedroom
22 Maple Street Somersworth, NH 03878
22 Maple Street, Somersworth, NH, 03878
$499,900
For Sale
$499,900
Two separate-drive duplex with two two-bedroom units, including one vacant for immediate occupancy or renovation.
Property Size3,235 SF
Price / SF$154.53
Days on Market48
Property Features for 22 Maple Street
General Information
- Standard status
- Active
- Size
- 3,235 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1875
Listing Agency
Exp Realty
(603) 343-3873
Listed by
Collin Francoeur
(603) 343-3873
Source
Threehillsres
Added: Jun 3 Updated: Jul 10 at 1:49 pm Checked: Jul 19 at 5:10 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 Exp Realty
Investment Insights
Based on property information with market context.
This duplex includes two two-bedroom units, each with ample living space and separate driveways. One unit is vacant as of the sale, offering the option to move in right away or to renovate and prepare it for rental use.
The property is located for convenience, with access to shopping and major routes.
The layout and separate driveways make this an attractive fit for an owner-occupant who wants rental income while keeping parking and daily routines distinct, or for an investor seeking a straightforward two-unit residential income property. Showings are available beginning at the open house on Saturday from 11:00 AM to 1:00 PM.
The property is located for convenience, with access to shopping and major routes.
The layout and separate driveways make this an attractive fit for an owner-occupant who wants rental income while keeping parking and daily routines distinct, or for an investor seeking a straightforward two-unit residential income property. Showings are available beginning at the open house on Saturday from 11:00 AM to 1:00 PM.
Key Highlights
- Duplex built in 1875 with two separate two‑bedroom units
- One unit is vacant for immediate occupancy or renovation
- Both units feature separate driveways
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 | $48.5k | $15.00 |
| − Vacancy | −$1.6k | −$0.50 |
| EGI | $46.9k | $14.50 |
| − OpEx | −$14.1k | −$4.35 |
| NOI | $32.8k | $10.15 |
3,235 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$469.1K
$410.5K – $547.3K
NOI $32,840 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$432.7K
$378.6K – $504.8K
NOI $30,287 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$865.5K
$757.3K – $1.01M
NOI $60,582 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two separate-drive duplex with two two-bedroom units, including one vacant for immediate occupancy or renovation.
Where is this duplex located?
The property is located at 22 Maple Street Somersworth, NH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Duplex built in 1875 with two separate two‑bedroom units; One unit is vacant for immediate occupancy or renovation; Both units feature separate driveways
