Property summary
This well-maintained, two-unit apartment building in Rochester, New Hampshire, presents a compelling investment opportunity. Situated on a spacious 0.53-acre lot in a desirable cul-de-sac neighborhood, this 1,825 square foot property boasts a 10.46% cap rate. Built in 1902, the three-story building features updated kitchens and bathrooms, beautiful hardwood floors, and separate utilities for each unit. Both units include washer/dryer hookups and tenants enjoy ample parking – over eight spaces. The property also benefits from a recently replaced roof and two newer heating systems, minimizing maintenance expenses. A large fenced backyard with a brick patio provides privacy and outdoor space. The prime location offers convenient access to restaurants, stores, and major routes. The substantial lot size presents potential for expansion, with the possibility of adding another duplex to further increase income. Delayed showings are scheduled for October 3rd-6th.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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