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Listed by Matthew Lefebvre of Downtown Realty
Investor opportunity in the heart of charming Newmarket! 11 Spring Street is a recently renovated 4-unit multifamily property featuring two spacious 2-bedroom units and two 1-bedroom units-perfect for owner-occupants or savvy investors looking to expand their portfolio. Some recent improvements include cosmetic renovations to all four apartments, electrical and plumbing upgrades, multiple water new heaters, and a brand new roof. The property provides ample off-street parking with a small side yard nestled in a quiet neighborhood. Situated on a corner lot, the location is unbeatable-just a short walk to Main Street Newmarket's shops, restaurants, and waterfront. Tenants enjoy easy access to the University of New Hampshire, Route 108, and a quick commute to Portsmouth and Dover. One 2-bedroom apartment will be vacant at time of sale allowing for an owner-occupant to call this their own. Whether you're looking for strong rental income, owner-occupancy with rental support, or a turnkey investment in a high-demand rental market, this property checks all the boxes. Owner is a licensed New Hampshire real estate salesperson.

More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1900
  • Building ConstructionWood Frame, Vinyl Exterior
  • StyleColonial, Multi-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • # of 1 Bedrooms2
  • # of 2 Bedrooms2
  • Bathroom4
  • Total Baths4
  • BasementUnfinished
  • FoundationBrick, Stone

Basic Information

  • StatusPEN
  • List Price$750,000
  • Date Price Change04/08/2025
  • MLS Number5035288
  • MLS StatusPending

Property

  • Acreage0.11
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCity Lot, Corner
  • Square Feet3,030
  • APX Fin AG Sqft3,030
  • RoadsPaved, Public
  • AreaNH-Rockingham

Amenities

  • PricePerSqFt247.52

Other

  • Taxes$9,413.5
  • Seasonal Y/NNo
  • Date Listed04/08/2025
  • Unit 1 Deposit$1,995
  • Unit 2 Rent Amount$1,495
  • Unit 4 Rent amount$1,325

Location

  • TownNewmarket
  • StateNH
  • Zip03857
  • CountyRockingham
  • ZoningM2
  • Address11 Spring Street
  • Flood Zone Y/NUnknown

Exterior

  • RoofMetal, Shingle - Asphalt
  • Exterior ColorBeige

Utilities

  • Heat SystemNatural Gas, Hot Water
  • WaterPublic
  • Electric100 Amp, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesGas - Underground

Water Body

  • Water ViewNo

Map Location

Driving Directions

Broker Reciprocity 

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 25, 2025 12:37 AM EDT

 

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