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  5. 22 Spring Street
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Full details for 6 Bedroom Other For Sale in Newmarket, New Hampshire

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Description

EXCEPTIONAL OPPORTUNITY for a multi-generational family or for investors! This spacious Colonial offers 3 units, with upside potential to add a 4th unit, currently used as an income producing shop/storage space. The home has been thoughtfully renovated & professionally maintained, sitting on a beautiful downtown corner lot with privacy in mind. Each of the 3 units boast their own outdoor space, from rebuilt farmers porches to private backyards. The building has undergone extensive improvements to both exterior and interior, offering in-unit laundries & convenient off-street parking for all, updated mechanicals, flooring, roofs, additional water heaters, new kitchens w/ granite and butcher countertops, marble backsplashes and new appliances, modern lighting (see enclosed attachments for a list of improvements). The property grosses $70,000/year w/ upside for future capital gains over time. The attached barn frames the back of the house with a nice, finished space plus huge storage & an open area that w/ a variance, may create a 4th unit for another tenant. Nestled on the banks of the Lamprey River, Newmarket was voted one of the 'most charming small towns in America' (HGTV). The possibilities are endless for buyers looking for a turn-key property, in-home business, and more. Delayed showing until OH - Sat 5/13 10a-12p & Sun 5/14 12-2p. Back to listing
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