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    FOR SALE
    Triplexes

    46-48 Lafayette St, Rochester, NH 03867

    3,508 SF Built 1901
    Property ID
    US58-Q000691
    46-48 Lafayette St, Rochester, NH 03867 For Sale 1 / 55
    $490,000 3,508 SF
    46-48 Lafayette St, Rochester, NH 03867
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    Property summary
    AI-generated overview

    Cash flow, upgrades, and awesome tenants—this three-unit property features a potential cap rate over 15%. Boasting large apartments totaling 3,508 square feet, there is also a top floor ready for a potential additional unit or expansion. Tour the units to experience updates throughout, including newer flooring, kitchens with granite countertops, stainless steel appliances, and in-unit washers and dryers that stay with the building. The bathrooms have also been refreshed with newer flooring, tubs, and vanities. The building itself is well-maintained, boasting a newer metal roof, some updated windows, and recent exterior doors and heating systems. Outside, tenants have ample parking. A detached garage with an automatic electric door and workshop sits on the property, which is gated for privacy. The seller appreciates the corner lot, separate utilities, and tenants with a strong rental history, all backed by full security deposits.Tenants enjoy being on a quiet street located close to city restaurants, convenient commutes, parks, schools and more. Private showings on Friday 4-6PM & Saturday 11-1PM

    Property profile
    Verified
    Property type Triplexes
    Year built 1901
    Total area 3,508 SF
    UPID US58-Q000691
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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