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    58 Pickering Rd Rochester, NH 03867

    For Sale
    $399,900

    Multi-Family - Rochester, NH

    Property size:
    2,370 SF
    Lot size:
    0.11 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 58 Pickering Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NEIGH MIX
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    Parking features
    Paved or Surfaced
    Basement Y/N
    1
    Size
    2,370 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Hot Water (Heating), Propane (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Shoreline (603) 431-1111 [email protected]

    Listing agent Andy Yau (603) 431-1111

    Listing date Dec 2, 2025

    MLS# 5042401 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gonic Triplex with River Views

    This triplex in Gonic, Rochester, offers Cocheco River views. It presents an opportunity for an owner occupant or value-add investment, with a current cap rate of approximately 9% and a potential cap rate exceeding 13%. The building features siding and a young roof. Tenants have access to Cocheco River frontage from the backyard and 180-degree views from their units, with opportunities for canoeing and fishing. The building is well-maintained by the tenants. The units feature hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from separate utilities and parking on an adjacent lot. Located in the Gonic school district, it offers proximity to the public school and pool. The location is 2.5 miles to downtown Rochester, 0.5 miles to route 16, and 20 miles to Portsmouth. The property size is 2370 square feet and the lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9711772
    Latitude
    43.2733845

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    FAQs

    What type of property is this?
    Triplex - Triplex in Gonic with Cocheco River views.
    Where is this triplex located?
    The property is located at 58 Pickering Rd Rochester, NH.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - High Income Potential: Current cap rate of ~9% with potential to exceed 13%, ideal for owner-occupant or value-add investor.; - Desirable Location: Sought-after Gonic location in Rochester, NH, with Cocheco River frontage and views.; - Well-Maintained Building: Features sharp siding and a young roof.
    (603) 431-1111
    Request Owner's contact information
    58 Pickering Rd Rochester, NH 03867
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    Rochester, NH 03867
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    58 Pickering Rd Rochester, NH 03867
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