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Listed by Andrew Bosco • Four Points Real Estate
$ 900,000
Est. payment /mo
New
171 N Main ST Rochester, NH 03867
3,882 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,882 sqft
Price per Sqft $231
MLS Listing ID 5034451
Construction Status Existing
Year Built 1881
Annual Tax Amount $8,728
Tax Year 2023
Lot Size 0.320 Acres
Acres 0.32
Property Description
171 North Main Street, Rochester, NH 6-Unit Multifamily | Offered at $900,000 | Portfolio Option Available Directly adjacent to 173 North Main, this 6-unit multifamily has a strong income profile and upside through continued unit turnover. Three units have been recently updated, while two more have value-add potential through rent increases or cosmetic improvements. 2024 Financials: Total Operating Income: $98,906.42 Total Expenses: $31,469.43 Net Operating Income (NOI): $67,436.99 Cap Rate (at $900,000): 7.49% Estimated Annual Cash Flow (at 25% down, 7% interest, 25-yr amortization): ~$21,511/year Purchase individually or combine with 173 North Main for scale and ease of management. Buyer and buyer agent do own due diligence. 48 hour notice required. Group staggered showings will be scheduled. Proof of funds required to schedule a tour. No seller financing. Adjacent building per MLS: 455983 is also listed. Can be purchased together or separately.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning NMU
Rooms
Basement Entrance Interior
Basement Concrete
Interior
Cooling None
Exterior
Utilities Available None
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
