135 North Main StreetRochester, NH 03867MLS Number 4840449

  • Price: $169,900
  • Est. Mortgage of $/month
  • 367 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867
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  • 0.11Acreage
  • 3Bathrooms
  • 1920Year Built
  • 2,536Square Feet

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Listed by Andy Yau of RE/MAX Shoreline
PRICE INCREASE FOR NEW 50 YEAR WARRANTY ROOF AND NEW ROOF SHEATHING PLYWOOD. Investors, flippers, and contractors take notice! Check out this incredible deal, with a great cap rate, in one of the hottest markets in Strafford county! There is unlimited potential, with potential gross income over $42,000 annually, and current expenses below $6,000. Where else can you find three units for only $55,633 a piece? Bring your toolbox and painting supplies, and bring this tired investment back to life. This is the perfect property to execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. Rehab the property and complete a cash out refinance with your built-in sweat equity, then repeat the process again with your refinance proceeds utilized for your next project. This investment consists of two residential units and a commercial unit. The lower level consists of large open-space rooms, perfect for a growing business. The second floor boasts two residential units with two bedrooms each. The unit on the right includes a bonus room and an attic that is perfect for storage. Enjoy the red suede kitchen, accompanied by its stunning brick walls and wood-frame panels. This investment offers many advantages including separate utilities, plenty of parking out back, and more! That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes.

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More Info

Basic Information

  • StatusActive With Contract
  • List Price$169,900
  • Date Price Change03/30/2021
  • MLS Number4840449
  • MLS StatusActive Under Contract

Property

  • Acreage0.11
  • Parking Spaces
  • Lot346
  • Square Feet2,536
  • APX Fin AG Sqft2,536
  • RoadsOther, Public
  • Lot Description
    • Commercial Zoning
    • Historic District
    • In Town
    • Near Hospital
    • Near Paths
    • Near Public Transportatn
    • Near Railroad
    • Near Shopping
    • Neighborhood
    • Open
    • Other
    • Other
    • Rural
    • Sidewalks
    • Street Lights Business District
    • Suburban

Other

  • Taxes$3,332
  • Seasonal Y/NNo
  • Occupant RestrictionsOther, Pets - Allowed, Pets - Cats Allowed, Pets - Dogs Allowed, Pets - Other, Tenancy Check
  • TrashMunicipal
  • Date Showings Begin2020-12-05
  • Unit 1 Deposit$800
  • Unit 2 Rent Amount$800
  • Unit 3 Rent Amount$1,000
  • View Count18

Location

  • TownRochester
  • StateNH
  • Zip03867
  • CountyStrafford
  • ZoningDTC
  • Elementary SchoolChamberlain Street School
  • Junior HighRochester Middle School
  • High SchoolSpaulding High School
  • Flood Zone Y/NNo

Exterior

  • ExteriorAsphalt
  • RoofShingle

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater
  • UtilitiesCable, Gas - At Street, High Speed Intrnt -Avail, Telephone Available, Underground Utilities
  • WaterPublic
  • Water HeaterGas
  • Electric100 Amp, Fuses
  • SewerPublic

Building

  • Year Built1920
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2 & 3
  • Unit 2 Total Rooms6
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • # of 2 Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementDirt
  • FoundationConcrete
Lamprey Real Estate Associates
Lamprey Real Estate Associates
Office: 603-253-8131
249 Whittier Highway - Route 25
Center Harbor, NH 03226
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 2, 2021.

 

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