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Duplex with Separate Utilities
New
For Sale
$479,900

9 Lincoln St, Rochester, NH 03867

Two distinct residences share a fenced yard, off-street parking, and additional storage.

Property Size2,576 SF
Price / SF$186.30
Days on Market5

Property Features for 9 Lincoln St

General Information

Standard status Active
Size 2,576 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 5BR
Multifamily Units 2

Amenities

off-street parking
private fenced yard
additional storage space

Building Details

Year Built 1881
Buildings 1
Listing Agency: LXTN Realty
Listed By: Allyce Stevens
Source: Easternedgegroup
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 6 at 12:40AM

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 LXTN Realty

Investment Insights

Based on property information with market context.

This duplex contains two units with eight bedrooms in total: one with three bedrooms and the other with five. The property encompasses approximately 2,576 square feet and dates to 1881. Separate utilities serve the units, and the grounds include off-street parking, a fenced yard, and extra storage. Additional rooms offer space for office or guest use, or could serve as bedrooms depending on needs.

The property is near downtown Rochester, with shopping, restaurants, and everyday amenities in the surrounding area.

Key Highlights

  • Two‑unit property with 3‑bedroom and 5‑bedroom layouts
  • Approximately 2,576 square feet of living space
  • Separate utilities for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,150
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,000 $523.0K
Cap Rate 7%
$373,571 $373.6K
Cap Rate 9%
$290,556 $290.6K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$38.6K $15.00/SF
− Vacancy
−$1.3K −$0.50/SF
EGI
$37.4K $14.50/SF
− OpEx
−$11.2K −$4.35/SF
NOI
$26.2K $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%
$523,000
Cap Rate 7%
$373,571
Cap Rate 9%
$290,556

Alternative Uses

Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.8K (±1% cap)
NOI $26,150 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$344.5K
$301.5K – $402.0K (±1% cap)
NOI $24,118 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$689.2K
$603.0K – $804.0K (±1% cap)
NOI $48,241 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

728
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences share a fenced yard, off-street parking, and additional storage.
Where is this duplex located?
The property is located at 9 Lincoln St Rochester, NH.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑unit property with 3‑bedroom and 5‑bedroom layouts; Approximately 2,576 square feet of living space; Separate utilities for each unit
More about this property
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