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Listed by David Lippmeier of EXP Realty (Phone: 603-828-8190)
Located in the heart of vibrant downtown Newmarket, 5 1/2 Spring Street presents a rare investment opportunity featuring three separate income-producing units, with one unit thoughtfully situated on each floor. This well-positioned multi-family property offers strong rental potential, flexibility for owner-occupants, and convenient access to local restaurants, shops, and the scenic waterfront. Each unit provides its own distinct living space, creating an attractive setup for tenants seeking privacy and convenience. Whether you are looking to expand your investment portfolio or secure a versatile property in one of the Seacoast's most desirable communities, this centrally located building offers exceptional potential and long-term value. Front building (2009 build) at 5 Spring St that shares driveway area also for sale MLS #5089633.

More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1920
  • Building ConstructionWood Frame, Vinyl Siding
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location3
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementFull, Unfinished, Walkout, Exterior Access
  • FoundationStone

Basic Information

  • StatusACT
  • List Price$650,000
  • Date Price Change05/18/2026
  • MLS Number5089432
  • MLS StatusActive

Property

  • Acreage0.09
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Lot1
  • Square Feet2,174
  • APX Fin AG Sqft2,174
  • RoadsEasement
  • AreaNH-Rockingham

Other

  • Taxes$9,089
  • Seasonal Y/NNo
  • TrashDumpster
  • Date Listed05/18/2026
  • Unit 1 Deposit$1,350
  • Unit 2 Rent Amount$1,850
  • Unit 3 Rent Amount$1,600

Location

  • TownNewmarket
  • StateNH
  • Zip03857
  • CountyRockingham
  • ZoningM2
  • Address5 1/2 Spring Street
  • Flood Zone Y/NNo

Exterior

  • RoofArchitectural Shingle

Utilities

  • Heat SystemElectric
  • WaterPublic
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable

Amenities

  • PetsNo
  • PricePerSqFt298.99

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Copyright 2026 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 20, 2026 2:52 AM EDT

 

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