Property profile

14 Morton Ave Rochester, NH 03867

OFF-MARKET
Apartment buildings
Property ID
US58-0639899
1,825 SF 0.53 ac lot Built 1902
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Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Year built 1902
Total area 1,825 SF
Lot 0.53 ac (23,087 SF)
UPID US58-0639899

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Morton Ave Rochester, NH 03867
Rochester metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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