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58-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

62 Green St, Somersworth, NH 03878

Five-property multifamily offering with renovated units and a bedroom-oriented unit mix.

Property SizeContact for details
Days on Market141

Property Features for 62 Green St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: TrueRate
Listed By: Samuel Finkler · License #New York
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 12:58PM

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 TrueRate

Investment Insights

Based on property information with market context.

This apartment portfolio comprises 5 properties with a combined 58 units in Somersworth, New Hampshire. Fifteen units have undergone complete renovation, while 73% of the portfolio’s units include multiple bedrooms, providing a clearly defined residential configuration across the offering.

The properties are identified at 62 Green St, Somersworth, NH 03878, within the Seacoast area. Assumable Fannie Mae financing is available with 70% LTV, a 3.28% interest rate, a 10-year term, 3 years remaining on the interest-only period, and 30-year amortization. The financing also permits a supplemental loan at stabilization.

Key Highlights

  • 58‑unit apartment portfolio spanning 5 properties
  • 15 of 58 units completely renovated
  • 73% of units contain multiple bedrooms

Property Analytics

Current Use

Apartment buildings

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.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-property multifamily offering with renovated units and a bedroom-oriented unit mix.
Where is this apartment building located?
The property is located at 62 Green St Somersworth, NH.
What are key features of this property?
This property features: 58‑unit apartment portfolio spanning 5 properties; 15 of 58 units completely renovated; 73% of units contain multiple bedrooms
More about this property
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