Duplex with Fenced Yard and
53-53A Chestnut Street Rochester, NH 03867
For Sale
$429,900
Well-maintained duplex with two 2-bedroom, 1-bath units and separate utilities, plus a fully fenced yard and above-ground pool.
Property Size2,053 SF
Price / SF$209.40
Days on Market24
Property Features for 53-53A Chestnut Street
General Information
- Standard status
- Active
- Size
- 2,053 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1916
Listing Agency:
New Space Real Estate,LLC
Listed By:
Nicholas Couturier
(603) 433-3350
Source:
Greatislandrealty
Added: Jul 2
Changed: Jul 21
Last Checked: Jul 24 at 9:12PM
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 New Space Real Estate,LLC
Investment Insights
Based on property information with market context.
53-53A Chestnut Street is a well-maintained duplex in Rochester, NH, configured with two separate units. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable, functional layouts for residential income use.
The units have separate utilities, which can help keep tenant costs independent. Outside, the property includes a fully fenced yard and an above-ground pool.
The property is offered for sale. An open house is scheduled for Saturday, 11:00 AM to 1:00 PM.
The units have separate utilities, which can help keep tenant costs independent. Outside, the property includes a fully fenced yard and an above-ground pool.
The property is offered for sale. An open house is scheduled for Saturday, 11:00 AM to 1:00 PM.
Key Highlights
- Duplex built in 1916 with two 2‑bedroom, 1‑bath units
- Separate utilities for each unit
- Fully fenced yard
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 | $30.8k | $15.00 |
| − Vacancy | −$1.0k | −$0.50 |
| EGI | $29.8k | $14.50 |
| − OpEx | −$8.9k | −$4.35 |
| NOI | $20.8k | $10.15 |
2,053 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.7K
$260.5K – $347.4K
NOI $20,841 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$274.6K
$240.3K – $320.4K
NOI $19,221 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$549.2K
$480.6K – $640.8K
NOI $38,447 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units and separate utilities, plus a fully fenced yard and above-ground pool.
Where is this duplex located?
The property is located at 53-53A Chestnut Street Rochester, NH.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Duplex built in 1916 with two 2‑bedroom, 1‑bath units; Separate utilities for each unit; Fully fenced yard
