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Executive Summary

Location, history, and exceptional return on investment. Welcome to 223 High Street in Somersworth, a standout 4-unit property in the heart of the city. This well-maintained historic multi-family seamlessly blends classic character with modern updates, offering both charm and peace of mind. The property is in excellent condition, featuring updated systems, separate utilities, and off street parking—helping to minimize expenses and ensure a smooth, low-maintenance transition for the next owner. The building offers a well-balanced unit mix, with two first-floor units (one 2-bedroom and one 1-bedroom) and two second-floor units (one 2-bedroom and one 1-bedroom studio). All units have been updated, provide ample natural light, and are fully leased, making this a true turn-key investment. With strong income already in place and a 6.98% cap rate, this property is ideal for investors seeking a stable, cash-flowing asset. Ideally located just minutes from downtown, shopping, and major commuter routes, 223 High Street offers the accessibility tenants value and the performance investors seek. A rare opportunity to acquire a fully occupied, income-producing property with proven returns and long-term growth potential.

Property Facts

Price $1,023,180 CAD
Price Per Unit $255,795 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Building Size 3,915 SF
No. Stories 2
Year Built/Renovated 1870/2024
Opportunity Zone Yes
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
SMSW-000014-000046
Land Assessment
$142,386 CAD
Improvements Assessment
$666,019 CAD
Total Assessment
$808,405 CAD
  • Listing ID: 40209369

  • Date on Market: 2026-04-19

  • Last Updated:

  • Address: 223 High St, Somersworth, NH 03878

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