Two-Building Mixed-Use Rental
18 Wakefield Street Rochester, NH 03867
18 Wakefield Street, Rochester, NH, 03867
$450,000
For Sale
$450,000
MULTI_FAMILY - Rochester, NH
Property Size3,611 SF
Lot Size0.07 Acres
Price / SF$124.62
Days on Market144
Property Features for 18 Wakefield Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- DTC
- Rooms
- Basement
- Standard status
- Active
- Size
- 3,611 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7289
Utilities
- Heating system
- Steam, Oil
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Building materials
- Wood Frame, Brick Exterior
- Roof type
- Shingle
Listing Agency
Your Next Move Realty LLC
(603) 441-4034
60 Rochester Hill Rd., Rochester, NH
Listed by
Peter Morgan
(603) 365-5196
Added: Feb 26 Checked: Jul 20 at 4:06 am
MLS# 5077609
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Mixed-use property consisting of two buildings on one lot. The property is listed as formerly a dentist office, with current residential rental units. All information is based on the current property record cards, and all parties are instructed to perform their own due diligence for accuracy.
The property is located at 18 Wakefield Street in Rochester, New Hampshire (Strafford County), and is zoned DTC. Lot size is 0.07 acres, with total property size of 3,611 square feet.
For showings, 24–48 hours’ notice is required based on tenant access, and current preapproval or proof of funds is required prior to any showings. The remarks indicate it most likely will require cash or 203K.
The property is located at 18 Wakefield Street in Rochester, New Hampshire (Strafford County), and is zoned DTC. Lot size is 0.07 acres, with total property size of 3,611 square feet.
For showings, 24–48 hours’ notice is required based on tenant access, and current preapproval or proof of funds is required prior to any showings. The remarks indicate it most likely will require cash or 203K.
Key Highlights
- Mixed‑use property with 2 buildings on 1 lot
- Previously used as a dentist office and includes residential rental units
- Wood frame with brick exterior
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.2k | $15.00 |
| − Vacancy | −$1.8k | −$0.50 |
| EGI | $52.4k | $14.50 |
| − OpEx | −$15.7k | −$4.35 |
| NOI | $36.7k | $10.15 |
3,611 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$523.7K
$458.2K – $611.0K
NOI $36,657 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$483.0K
$422.6K – $563.5K
NOI $33,808 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$966.1K
$845.3K – $1.13M
NOI $67,624 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Evvard Martin DDS
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Two buildings on one lot with current residential rental units and former dentist office space.
Where is this triplex located?
The property is located at 18 Wakefield Street Rochester, NH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed‑use property with 2 buildings on 1 lot; Previously used as a dentist office and includes residential rental units; Wood frame with brick exterior
