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Two-Unit Apartment Building

2 Barker Court Rochester, NH 03867

2 Barker Court, Rochester, NH, 03867
$450,000
For Sale
$450,000

MULTI_FAMILY - Rochester, NH

Property Size1,300 SF
Lot Size0.07 Acres
Price / SF$346.15
Days on Market152

Property Features for 2 Barker Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
DTC
Rooms
Basement
Patio and Porch features
Porch
Exterior features
Covered Porch
Standard status
Active
Size
1,300 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7290

Utilities

Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood Frame, Clapboard Exterior
Roof type
Shingle
Listing Agency Your Next Move Realty LLC
60 Rochester Hill Rd., Rochester, NH
Listed by Peter Morgan
Added: Feb 18 Checked: Jul 20 at 4:06 am
MLS# 5077070 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.

This offering is a two-unit apartment building designed as Units A & B. The property is currently tenant occupied, and showings may be limited depending on tenant access availability. Also included with this sale is MLS#5077609. The address is expected to be changed to 20 Wakefield Street for Units A & B, as noted in the listing remarks. The lot size is 0.07 acres, and the building size is listed as 1,300 square feet. As with all transactions, all parties are instructed to perform their own due diligence for accuracy.

The property is located in Rochester, New Hampshire (Strafford County) and is identified under zoning DTC in the provided materials. Buyers should plan for a 24–48 hour notice to show based on tenant access. Current preapproval or proof of funds is required prior to any showings.

Given the existing tenant occupancy and the showing constraints tied to access, this asset may fit buyers looking for an income-producing residential property with units in place. The listing notes that the transaction most likely will require cash or financing through 203K. Prospective buyers should confirm all details directly through their own review of the property records and during the due diligence process.

Key Highlights

  • 2‑unit apartment building (Units A & B) included in this sale
  • Tenant occupied; showings require 24–48 hr notice based on tenant availability
  • Year built: 1900

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 $19.5k $15.00
− Vacancy −$647 −$0.50
EGI $18.9k $14.50
− OpEx −$5.7k −$4.35
NOI $13.2k $10.15
1,300 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$188.5K
$165.0K – $220.0K (±1% cap)
NOI $13,197 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$173.9K
$152.1K – $202.9K (±1% cap)
NOI $12,171 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$347.8K
$304.3K – $405.8K (±1% cap)
NOI $24,345 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store Plumbing Service Acupuncture Furniture & Home Goods Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit apartment building offered for sale, with tenant occupancy and limited showing availability based on access.
Where is this duplex located?
The property is located at 2 Barker Court 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: 2‑unit apartment building (Units A & B) included in this sale; Tenant occupied; showings require 24–48 hr notice based on tenant availability; Year built: 1900
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