List Price: $899,900 | $199 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units on Salmon Falls River
Under Contract Date Listed Tuesday Oct 17, 2023 | MLS# 4974388
With 2 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units on Salmon Falls River
Under Contract Date Listed Tuesday Oct 17, 2023 | MLS# 4974388
To see this Listing
Address: 32 Mill Street Rochester NH
Listed by Andy Yau RE/MAX Shoreline
Description:
Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 9.6%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.
Annual Expenses
Taxes: $0
Taxes: $0
Income
Appliances : Water Heater – Electric
UNIT 1 INFORMATION
Beds: 3
Baths: 2
Rooms: 0
UNIT 2 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
UNIT 3 INFORMATION
Beds: 1
Baths: 1
UNIT 4 INFORMATION
Beds: 1
Baths: 1
Construction: Wood Frame | Vinyl Exterior
Year Built: 1882
Style: Multi-Family | New Englander
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4528
Above Grade Sq.Ft.: 4528
Basement: Stairs - Interior | Walkout | Interior Access
Foundation: Brick | Stone
Year Built: 1882
Style: Multi-Family | New Englander
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4528
Above Grade Sq.Ft.: 4528
Basement: Stairs - Interior | Walkout | Interior Access
Foundation: Brick | Stone
Roof: Shingle
Garage And Parking: Attached
Seasonal: No
Garage And Parking: Attached
Seasonal: No
Heating: Natural Gas | Gas Heater | Steam
Cooling: Other
Electric: 100 Amp | 200 Amp
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: Public
Cooling: Other
Electric: 100 Amp | 200 Amp
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
Corner | Landscaped | Sidewalks
Lot size: 1.62 acres
Zoned: r2)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
Corner | Landscaped | Sidewalks
Lot size: 1.62 acres
Zoned: r2)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
Additional Information
Block - 0018
Taxes $0
Assesed Value Not Reported
Block - 0018
Taxes $0
Assesed Value Not Reported
Schools
