129 North Main StreetRochester, NH 03867MLS Number 4849090

  • Price: $299,900
  • Est. Mortgage of $/month
  • 272 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
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Active with Contract
129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867
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  • 0.12Acreage
  • 5Bathrooms
  • 1910Year Built
  • 4,719Square Feet

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Listed by Andy Yau of RE/MAX Shoreline
Investors and flippers galore. Buy 3 residential units for 100k each, and get 2 commercial units free and if that isn't good enough, we'll add in a .11 acre lot to sweeten the deal! The extra lot outback borders the Cocheco river, and could potentially be used as extra parking spots or a boat loading dock. This massive building of over 4700 square feet, features, a once booming restaurant and a now vacant smokeshop. The restaurant once known as Froggies, due to its size, has the potential with town approval to be subdivided into two separate commercial units, putting the total unit count to 6 units. Despite two vacant commercial units, the cap rate still stands at an impressive 7.59%. Bringing the building back to market value, could potentially bring the building's GRI over $70,000. 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. Residential units are in decent condition, while commercial units need work. 129 N.main can be purchased in combination with 135 N.main. See MLS#4840738. Agents see non-public remarks. Private showings begin on Saturday, March 6.

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More Info

Basic Information

  • StatusActive With Contract
  • List Price$299,900
  • MLS Number4849090
  • MLS StatusActive Under Contract

Property

  • Acreage0.12
  • Parking Spaces
  • Lot5000-10000
  • Square Feet4,719
  • APX Fin AG Sqft4,719
  • RoadsPaved
  • Lot DescriptionOther

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater - Vented
  • UtilitiesOther
  • WaterPublic
  • Water HeaterGas
  • ElectricCircuit Breaker(s)
  • SewerPublic

Other

  • Taxes$5,766
  • Seasonal Y/NNo
  • TrashMunicipal
  • Date Showings Begin2021-03-06
  • Unit 1 Deposit$800
  • Unit 2 Rent Amount$800
  • Unit 3 Rent Amount$1,200

Location

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

Interior

  • FloorsHardwood, Other

Exterior

  • ExteriorAsphalt, Shingle
  • RoofShingle

Water Body

  • Water Body TypeRiver
  • Water Body NameCocheco River
  • Water AccessShared
  • Water ViewYes
  • Water Access DetailsOther

Building

  • Year Built1910
  • Building ConstructionOther
  • StyleMulti-Family
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 StyleGarden
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 StyleGarden
  • Unit 3 Total Rooms6
  • # of 1 Bedrooms2
  • # of 2 Bedrooms1
  • Bathroom5
  • Total Baths5
  • BasementDirt
  • FoundationFieldstone
Lamprey Real Estate Associates
Lamprey Real Estate Associates
Office: 603-253-8131
249 Whittier Highway - Route 25
Center Harbor, NH 03226
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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 November 28, 2021.

 

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