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8-Unit Apartment Property
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2-4 Leonard Street, Rochester, NH 03867

Two-building apartment property with varied unit layouts, separate utility arrangements, and on-site parking.

Property SizeContact for details
Days on Market132

Property Features for 2-4 Leonard Street

General Information

Standard status Active
Total Parking Spaces 20
Property subtype Multifamily

Units

Unit Mix 2 x 3BR, 2 x 1BR, 4 x 2BR
Multifamily Units 8

Building Details

Buildings 2
Listing Agency: CENTURY 21 North East Salem
Listed By: NEILY SOTO · License #NH 059790
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 30 at 2:56AM

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 CENTURY 21 North East Salem

Investment Insights

Based on property information with market context.

This apartment property includes 8 units across two separate buildings. The older structure, built in 1920, is a three-story brick building with two 3-bedroom apartments and two 1-bedroom apartments. Each unit has its own heating source, and residents pay their individual utilities.

The second building was completed in 2012 and features vinyl siding with metal trim. Its four two-story apartments include eat-in kitchens and living areas on the first level, with two bedrooms and a full bathroom upstairs. Several units are currently configured as three-bedroom apartments. Tenants pay their utilities other than gas heat, with total 2018 heating costs reported at $1,500.00. On-site parking accommodates 16-20 cars.

Key Highlights

  • 8 apartments distributed between two buildings
  • 1920 three‑story brick building with two 3‑bedroom and two 1‑bedroom apartments
  • 2012 building with four two‑story apartment units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Law Firm Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

655
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

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?
Apartment building - Two-building apartment property with varied unit layouts, separate utility arrangements, and on-site parking.
Where is this apartment building located?
The property is located at 2-4 Leonard Street Rochester, NH.
What are key features of this property?
This property features: 8 apartments distributed between two buildings; 1920 three‑story brick building with two 3‑bedroom and two 1‑bedroom apartments; 2012 building with four two‑story apartment units
More about this property
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