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Renovated 16-Unit Brick Apartment Building
For Sale
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90 Indigo Hill Rd, Somersworth, NH 03878

Historic character meets updated apartments with individual heating, central air conditioning, and 28 off-street parking spaces.

Property SizeContact for details
Days on Market143

Property Features for 90 Indigo Hill Rd

General Information

Standard status Active
Total Parking Spaces 28
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 16

Amenities

central A/C
hardwood floors
exposed brick
oversized windows
full appliance kitchens
vaulted ceilings

Building Details

Buildings 1
Construction brick
Listing Agency: https://chinburg.com/
Listed By: David Schleyer · License #NH1234
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:49PM

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 https://chinburg.com/

Investment Insights

Based on property information with market context.

This 16-unit brick apartment property at 90 Indigo Hill Rd in Somersworth, NH occupies a meticulously maintained historic elementary school building renovated by Chinburg Properties. The apartments retain original hardwood flooring, exposed brick, oversized windows, and vaulted 12-foot ceilings, while offering open-concept layouts, full kitchens with appliances, and central A/C.

Each apartment has its own gas-fired forced-hot-air furnace, with tenants responsible for their individual heat and electric costs. The property includes 28 off-street parking spaces and has maintained 100% occupancy for the last 4 years. A current waitlist is also noted for the apartments.

Key Highlights

  • 16‑unit brick apartment building with renovation completed by Chinburg Properties
  • Historic elementary school building with original hardwood floors and exposed brick
  • Apartments feature vaulted 12‑foot ceilings, oversized windows, and central A/C

Property Analytics

Current Use

Great Falls School ... Apartment Building

Suggested Use

Top Pick Real Estate Agency Dental Office Plumbing Service Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store

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

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

177
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic character meets updated apartments with individual heating, central air conditioning, and 28 off-street parking spaces.
Where is this apartment building located?
The property is located at 90 Indigo Hill Rd Somersworth, NH.
What are key features of this property?
This property features: 16‑unit brick apartment building with renovation completed by Chinburg Properties; Historic elementary school building with original hardwood floors and exposed brick; Apartments feature vaulted 12‑foot ceilings, oversized windows, and central A/C
More about this property
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