7 Kimball St, Rochester, NH 03867

This stunning, fully renovated Victorian duplex at 7 Kimball St, Rochester, NH, presents a unique investment opportunity. Built in 1881 and extensively renovated in 2024, this two-unit property boasts 2,428 square feet on a spacious 0.29-acre corner lot with 234 feet of frontage. The property features charming Victorian details, including stained glass transom windows and an octagon window, complemented by modern updates such as new luxury vinyl flooring throughout. Each unit offers generous room sizes, updated kitchens, and in-unit laundry. The property includes a versatile two-car garage barn and a fenced backyard. The current occupancy is 100%, generating a pro-forma NOI of $42,825 and a pro-forma cap rate of 9.52%. The asking price is $449,900, or $224,950 per unit. The property is zoned R2 and offers five parking spaces per unit. This stabilized cash-flow investment is ideally situated near restaurants, convenience stores, and major routes, making it an attractive option for both owner-occupants and investors seeking a strong return. The property's combination of historical charm, modern amenities, and excellent location makes it a truly exceptional investment opportunity.