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
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consumers may be interested in purchasing. Data last updated September 21, 2026 5:53 AM UTC
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