Log In/Sign Up
Your email has been sent.
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 | Building Size | 3,915 SF |
| Price Per Unit | $255,795 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1870/2024 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| 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 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | SMSW-000014-000046 | Improvements Assessment | $666,019 CAD |
| Land Assessment | $142,386 CAD | Total Assessment | $808,405 CAD |
Property Taxes
Parcel Number
SMSW-000014-000046
Land Assessment
$142,386 CAD
Improvements Assessment
$666,019 CAD
Total Assessment
$808,405 CAD
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
223 High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



