29-31 Elm Street #29 and 31, Newmarket, NH 03857 - Photo 1

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$699,000

For Sale
Active
Multi-Family
2 Units
0.08 Acres
Updated 4 days ago

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Property Description

Large Duplex For Sale. Investment or Owner Occupancy possible. Purchasing this property can be a great way to own your home, and gain income to apply to your mortgage. 29-31 Elm Street is a duplex with 4 bedrooms in each unit. Both units were recently renovated, and have tenants in place. Unit 29 is Leased to end of April 2025, and Unit 31 is leased through end of June with stable tenants. Unit 29 is 4 bedroom, two bathrooms, with new appliances in April 2024 including new washer & dryer, new kitchen cabinets and countertops, new fridge & stove, new floors, new interior doors, pretty much a full renovation. Unit 31 was fully renovated before occupancy at July 1 2024 and is in great shape, and also with newer appliances. The basement (non-separated) had a newly poured cement floor in 2024, two buried sump pumps, two propane fired heaters, Hot water heaters, separated electric for each unit. Both units are currently Tenant occupied, and showings are restricted to Mondays thru Fridays between 9:30am and 5:00pm.

Full Property Details

Full Property Details for 29-31 Elm St #29 and 31

General

Price: $699,000
Status: Active
Type: Multi-Family
Source: NNEREN
MLS ID: 5026077
Updated: 1/18/2025
Added to Site: 14 day(s) ago

Interior

Flooring: Wood

Exterior

Exterior Features: Porch - Covered
Color: Grey

Parking

Parking: On-Site, Parking Spaces 4

Location

County: Rockingham
Driving Directions: From downtown Newmarket, take Elm Street at the library, property is the second on left after Spring Street.

School Information

School District: Newmarket SAU #31
Elementary School: Newmarket Elem School
Middle School: Newmarket Junior High School
High School: Newmarket Senior HS

Heating & Cooling

Cooling Type: None
Heating Type: Propane, Forced Air
Water Heaters: 2

Utilities

Sewer: Public
Separate Meters: Yes
# Electric Meters: 2

Structural Information

Construction Status: Existing
Basement: Yes
Basement Entrance: Interior
Basement Desc.: Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Unfinished
Roof: Shingle - Asphalt, Shingle - Fiberglass
Stories/Levels: 2.5
Finished Total: 2,655 Sq. Ft.
Finished Above Grnd: 2,655 Sq. Ft.
Year Built: 1900

Unit Information

3 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,485
Frontage: Yes Road Frontage
Frontage Feet: 50
Driveway/Sidewalk: Common/Shared, Gravel
Zoning: M-2

Financial Considerations

Price Per Sq. Ft.: $263.28

Disclosures and Reports

Surveyed: Yes
Lot Number: 73

Listed by KW Coastal and Lakes & Mountains Realty/Dover, Gerry OConnell

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Listed by KW Coastal and Lakes & Mountains Realty/Dover, Gerry OConnell

Listing agent

— 29-31 Elm St #29 and 31 —

Gerry OConnell

KW Coastal and Lakes & Mountains Realty/Dover

Cell: 603-978-8381

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Schools

Schools serving 29-31 Elm St #29 and 31

Name	Grades	Distance
Newmarket Elementary School 243 S Main St, Newmarket, NH 03857	PK-5	0.9 mi
Newfields Elementary School 9 Piscassic Rd, Newfields, NH 03856	K-5	3.2 mi
Stratham Memorial School 39 Gifford Farm Rd, Stratham, NH 03885	PK-5	4.4 mi
Cooperative Middle School 100 Academic Way, Stratham, NH 03885	6-8	7.2 mi
Epping Middle School 33 Prescott Rd, Epping, NH 03042	6-8	7.4 mi
Hampton Academy 29 Academy Ave, Hampton, NH 03842	6-8	11.2 mi
Oyster River High School 55 Coe Dr, Durham, NH 03824	9-12	4.3 mi
Exeter High School 1 Blue Hawk Dr, Exeter, NH 03833	9-12	5.5 mi
Dover High School 25 Alumni Dr, Dover, NH 03820	9-12	7 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 29-31 Elm St #29 and 31 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/08/2025

Listed

$699,000

70.49%

MLS

12/20/2021

Sold

$410,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 29-31 Elm St #29 and 31

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,891

-1%

$458,800

70%

2023

$7,959

$269,900

—

2022

$7,285

$269,900

—

2021

$7,115

$269,900

—

2020

$6,851

$269,100

22%

2018

$6,430

$219,900

—

2017

$5,878

$219,900

—

2016

$5,596

$219,900

—

2015

$5,489

-3%

$219,900

—

2014

$5,662

-9%

$219,900

-13%

2013

$6,191

—

$253,100

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 29-31 Elm St #29 and 31

29-31 Elm Street #29 and 31, Newmarket, NH 03857 (MLS# 5026077) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 29-31 Elm Street #29 and 31 is currently listed for $699,000 and was received on January 08, 2025. Want to learn more about 29-31 Elm Street #29 and 31? Do you have questions about finding other Multi-Family real estate for sale in Newmarket? You can browse all Newmarket real estate or contact a Coldwell Banker agent to request more information.

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29-31 Elm St #29 and 31 Newmarket, NH 03857