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Two-Family Residential Income Property
For Sale
$429,000

125 Blackwater Rd, Rochester, NH 03867

A well-maintained two-unit home with one occupied 1-bedroom unit and one move-in-ready 2-bedroom unit.

Property Size1,504 SF
Price / SF$285.24
Days on Market146

Property Features for 125 Blackwater Rd

General Information

Standard status Active
Size 1,504 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1965
Tenancy Multi
Listing Agency: RE/MAX Synergy
Listed By: Richard Valentin Gutierrez · License #75620
Source: Lyvrealty
Added: Jun 1 Changed: Oct 14 Last Checked: Oct 7 at 5:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Synergy

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Investment Insights

Based on property information with market context.

This well-maintained two-family property offers two separate residential units in a clean, well-kept setup. One unit is currently occupied as a 1-bedroom. The other unit is vacant and described as recently upgraded and move-in ready, with a 2-bedroom layout designed for immediate occupancy.

The home is located at 125 Blackwater Road in Rochester, New Hampshire, and is described as car-dependent based on local walkability information. The property includes an in-ground pool, providing an outdoor amenity for relaxation and entertaining.

For buyers seeking residential income or flexible living arrangements, the configuration provides immediate options: an owner-occupant can occupy one unit while renting the other, and the vacant 2-bedroom unit supports quickly securing a new tenant. The property’s stated condition and the availability of a ready-to-occupy unit can help streamline transition between tenants or support a multigenerational living plan.

Key Highlights

  • 1965‑built 2‑family property in Rochester, NH with one occupied 1‑bedroom unit and one vacant 2‑bedroom unit
  • Vacant 2‑bedroom unit is move‑in ready for an owner‑occupant or for securing a new tenant right away
  • In‑ground pool on the property for outdoor recreation and entertaining

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,268
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,360 $305.4K
Cap Rate 7%
$218,114 $218.1K
Cap Rate 9%
$169,644 $169.6K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$22.6K $15.00/SF
− Vacancy
−$749 −$0.50/SF
EGI
$21.8K $14.50/SF
− OpEx
−$6.5K −$4.35/SF
NOI
$15.3K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,360
Cap Rate 7%
$218,114
Cap Rate 9%
$169,644

Alternative Uses

Best Use
Multifamily LT 5
$218.1K
$190.9K – $254.5K (±1% cap)
NOI $15,268 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$201.2K
$176.0K – $234.7K (±1% cap)
NOI $14,081 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$402.4K
$352.1K – $469.4K (±1% cap)
NOI $28,166 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 03867, NH

22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A well-maintained two-unit home with one occupied 1-bedroom unit and one move-in-ready 2-bedroom unit.
Where is this duplex located?
The property is located at 125 Blackwater Rd Rochester, NH.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 1965‑built 2‑family property in Rochester, NH with one occupied 1‑bedroom unit and one vacant 2‑bedroom unit; Vacant 2‑bedroom unit is move‑in ready for an owner‑occupant or for securing a new tenant right away; In‑ground pool on the property for outdoor recreation and entertaining
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