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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$899,900

MLS# 4974388
Under Contract 4528 sq.ft. Bedroom | 0 Bathroom
Multi Family
32 Mill Street Rochester NH
on Salmon Falls River
 
$899,900 | $199 per sq.ft. Under Contract | MLS# 4974388 A 4  Unit Multi Family Home, 32 Mill Street Rochester NH With 2 - One Bedroom Units | 2 - Three Bedroom Units

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. Appliances : Water Heater – Electric

Annual Expenses
Taxes: $0
    Income

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

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Exterior | Price Per SQ.FT. 198.74 | Year Built: 1882
LAND DESCRIPTION: LOT DESCRIPTION: Corner | Landscaped | Sidewalks
Livable Space: 4528
Above Grade Sq.Ft.: 4528
Below Grade Sq.Ft.: 0
Foundation: Brick | Stone
Heating: Natural Gas | Gas Heater | Steam
Cooling: Other
Electric: 100 Amp | 200 Amp
Style: Multi-Family | New Englander
Roof: Shingle
Water: Public
Sewer: Public
Lot size: 1.62 acres
Zoned: r2
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: Attached
Roads: Paved | Public
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $0  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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