Listing Provided Courtesy Of:
Michael Whitney with Keller Williams Coastal Realty.
Address
2 Myrtle Street Rochester, NH
Price
$ 325,000
Property Attributes
  • MLS#4814486
  • TypeMulti-Family
  • CountySTRAFFORD
  • CityRochester
  • AreaStrafford
  • Zip03867
  • StyleMulti-Family
  • Year Built1902
  • Taxes7595
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4033
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Michael Whitney with Keller Williams Coastal Realty.
Property Description

Fantastic opportunity to own a unique multi family consisting of 10 units with the following breakdown. 8 Units are Rooming House Units sharing a communal kitchen and 2 bathrooms, one of the 8 units has a private bathroom. There are two additional units referred to as Congress Street which consist of a Studio apartment and then a 1 Bedroom Apartment. The two units on congress street pay some of their utilities. Where are the Rooming House units all utilities are included. This is a great opportunity to have a high yield property while learning how profitable a boarding house can be when taking over one that has been correctly management allowing for turnkey operation! Building has been well maintained with many updates with a CAP Rate of 16%. One or more members of the managing entity is a licensed NH Real Estate Salesperson and/or Broker.

Price History
7/3/2020 Listed $399,000
7/31/2020 7% - $374,000
8/28/2020 7% - $349,700
9/2/2020 1% - $347,700
9/16/2020 7% - $324,700

General Features

Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Flood Zone Unknown
Garage No
Heating Hot Water
Listing Area NH-Strafford
Net Income 63878
Price Per Sq Ft 80.59
Road Frontage TBD
Roof Shingle - Asphalt
Sewer Public
Status Active
Stories 3
Style Multi-Family
Tax Year 2019
Type Multi-Family
Utilities Cable
Water Public
Water Heater Tank
Year Built 1902
Zoning R2

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Full
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 4033
Sqft-apx Total 4033
Sqft-apx Total Finished 4033
Total 1 Br Units 2
Total Number of Units 10

Exterior Features

Driveway Paved
Exterior Vinyl
Foundation Brick
Lot 01
Lot Description City Lot
Lot Size Area 0.15
Roads Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 03867

Statistics provided by Inside Real Estate

Price
AVG $280K
$330K
Taxes
AVG $5,434
$7,595
Visits
AVG 18
52
Year Built
AVG 1911
1902
Walkscore
AVG 67
78
Data Provided by Walkscore ® not using MLS data

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