14 Morton Ave, Rochester, NH 03867
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.