32 Mill St Rochester, NH 03867
Spacious waterfront quadplex with subdivision potential on 1.62 acres.
Lot size:
1.62 AcresProperty Features for 32 Mill St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 1.62 Acres
Building Details
- Year built
- 1882
Source:
Elliman
Listing Agency: RE/MAX Shoreline Listing Agent: Andy Yau
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Quadplex on Large Lot
This waterfront quadplex is situated on a 1.62-acre lot in East Rochester and is on the market for the first time in over 45 years. The property features over 4500 square feet of living space, with units offering spacious living/dining rooms, large kitchens, and multiple bedrooms. The units have separate utilities. The largest unit includes hardwood floors, chamber ceilings, and crown molding. Other units feature updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, and an open kitchen layout. There is additional attic space which can be utilized as storage or expansion for additional living space. Tenants have access to an open backyard, a 2-car garage, and parking. The property is located 1.5 miles from downtown Rochester, 3 miles from Route 16, and 20 miles from Portsmouth. Zoning density may allow for additional units to be built with a special exception. The property offers direct access to the Salmon River.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.9377629
- Latitude
- 43.3365534
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Spacious waterfront quadplex with subdivision potential on 1.62 acres.
Where is this quadplex located?
The property is located at 32 Mill St Rochester, NH.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Waterfront property with direct access to the Salmon River for canoeing and fishing.; - Large 1.62-acre lot with potential to subdivide a separate waterfront multifamily parcel.; - High income potential with large units, separate utilities, and a potential cap rate over 10.33%.
