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About the Listing 3660 - 283493
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 10.33%. 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.
Listing Highlights
Status
Active
Days on Site
307
Property Type
Multi-Family
MLS ®
5036194
Year Built
1882
Total Square Footage
4,528
Lot/Acreage
1.62
County
Strafford
School District
Rochester City School District
Elementary School
East Rochester School
Middle School
Rochester Middle School
High School
Spaulding High School
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Gas Heater,Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4528
- Below Ground Sq Ft: n/a
- Basement: Yes,Concrete Floor
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: 2 car
- Zoning: R2
- Roof: Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
32 Mill St Rochester, NH 03867
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