Sold: Sep 18, 2026
Listed By:
Foss & Russell Group with BHHS Verani Seacoast; Phone: 603-770-8600
Sold By:
Realty One Group Next Level
Address
23+25 Cedar Street, Newmarket, NH
Price
$ 560,000
Property Attributes
  • MLS#5105806
  • TypeMulti-Family
  • Listing Status Sold
  • CountyROCKINGHAM
  • CityNewmarket
  • AreaRockingham
  • Zip03857
  • StyleDuplex,Multi-Family,Townhouse
  • Year Built1916
  • Price$ 560,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1764
  • Lot Size0.5 Acres
Data Source:
PrimeMLS
Property Description

23-25 Cedar Street, Newmarket, NH – Two-Family Investment Opportunity Near Downtown Opportunity awaits at 23-25 Cedar Street, a well-located two-family property in Newmarket, NH, offering a combination of investment potential, recent improvements, and a convenient in-town location. Just a short walk from downtown Newmarket's restaurants, shops, cafés, and vibrant Main Street, this property offers the accessibility tenants and owners are looking for. The property features two separate units, ample off-street parking, and the convenience of town water and town sewer. Unit #25 has benefited from recent updates, including a new bathroom and a furnace that's just one year old, helping reduce some of the bigger-ticket maintenance concerns for the next owner. Unit #23 is currently tenant-occupied with a lease in place through February 2027, providing immediate rental income from day one. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in the flexibility and income potential of a Newmarket two-family home, 23-25 Cedar Street is an opportunity worth exploring. With its walkable location, plentiful parking, municipal utilities, established tenancy, and proximity to everything downtown Newmarket has to offer, this property combines location, versatility, and long-term investment potential in the heart of the Seacoast.

Price History

General Features

Cooling None
Elementary School Newmarket Elem School
Tax Rate 19.42
Style Duplex,Multi-Family,Townhouse
DOM 7
Tax Year 2025
Price Per Sq Ft Total AG 317.46
Appliances Propane Water Heater,Water Heater off Boiler
Covenants Unknown
Middle School Newmarket Junior High School
Seasonal No
Total Heat Units 2
Roof Asphalt Shingle
Block 199
School District Newmarket SAU #31
Year Built 1916
Property Class Multi-Family
Close Price 560000
Gross Income 22800
Documents Available Deed,Property Disclosure
Utilities Cable
Stories Count 2
Sewer Public
Electric 100 Amp Service
City Newmarket
High School Newmarket Senior HS
Unit 2 Level Number 1
Net Income 12800
Construction Materials Masonry,Brick Exterior
Property Condition Existing
Possession At Closing
Unit 1 Level Number 1
Zoning R3
Heating Oil,Hot Air,Hot Water
Garage No
Assessment Amount 450200
Flood Zone Unknown
Road Frontage Yes
Operating Expense 9999
Directions GPS is correct
Separate Utilities Yes
Last Updated 09/18/2026 14:56:40

Interior Features

Total 2 BR Units 2
Basement Access Type Interior
Unit 1 Rooms 4
Basement Description Concrete,Sump Pump,Basement Stairs
Total Number of Units 2
Total Water Heaters 2
Unit 2 Lease Term Annual
Total Ranges 2
Basement Yes
Unit 1 Bedrooms 2
Unit 2 Bedrooms 2
Unit 2 Rooms 4
Total Full Baths 2
Internet Cable Internet
Total Finished Area 1764
Total Refrigerators 2
Unit 2 Status Leased
Flooring Carpet,Hardwood,Vinyl

Exterior Features

Total Electric Meters 2
Road Frontage Length 72
Lot Features City Lot,Level,Near Public Transport
Unit 1 Style Cape
Driveway Common/Shared,Gravel
Road Frontage Type Public
Lot Size Square Feet 21780
Unit 2 Style Townhouse
Lot Size Area 0.5
Surveyed Unknown
Water Source Public
Foundation Block,Brick,Concrete
Color Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 03857

Statistics provided by Inside Real Estate

Price
AVG $910K
$560K
Year Built
AVG 1920
1916

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