$549,999 Price Analysis   ♡   Rochester, NH 03868 4 bed 2 bath 3,015 SqFt ($182/SqFt) 1.4 acre lot. Built 1970 Listed 2023-06-01, Taxes $7,675 | Ⓧ USDA Ineligible due to location near Rochester |
Look no further
* Has Contingent Offer *Two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment.
Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business wh ile living in the 4 bedroom cape built in 1970, with 1300 square feet. As you stp in, youll appreciate the nice kitchen that is accompanied with the charming hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with fantastic views and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores and more. Both buildings need some TLC.
Presented by Andy Yau at
RE MAX Shoreline.
Property MLS #4955127 from PrimeMLS
Basement Description: Basement Description: Full, Unfinished, Walkout, Basement: Yes
Full Bathrooms: 2
Heating Fuel: Oil
Road Frontage Type: Yes
Roads: Paved, Public
Lot Size Square Feet: 60984
High School: Spaulding High School
Middle School: Rochester Middle School
School District: Rochester
Map directions Map directions Map directions Map directionsCounty: NH-Strafford
Source Property Type: Residential
Zoning: HC
Timeshare: No
Property Subtype: Single Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $242,000 + $61,600 $303,600 | $7,675 |
| 2021 | $242,000 + $61,600 $303,600 | $7,484 |
| 2020 | $242,200 + $61,600 $303,800 | $7,477 |
| 2019 | $242,200 + $61,600 $303,800 | $7,565 |
| 2018 | $209,000 + $61,600 $270,600 | $7,447 |
| 2017 | $209,000 + $61,600 $270,600 | $7,125 |
| 2016 | $172,800 + $61,600 $234,400 | $6,624 |
| 2015 | $172,800 + $61,600 $234,400 | $6,598 |
| 2013 | $156,500 + $61,600 $218,100 | $5,749 |
| 2012 | $156,500 + $61,600 $218,100 | $5,601 |
| 2007 | $152,700 + $61,600 $214,300 | $4,030 |
$0
TurboTenant
Listed for rent 2023-07-17
$2,000
TurboTenant
Price Changed 2023-06-15
$549,999
PrimeMLS
Listed 2023-06-01
$550,000
PrimeMLS
Listing removed 2020-12-22
$0
PrimeMLS
Price Changed 2020-10-12
$224,900
PrimeMLS
Listed 2020-06-21
$249,900
PrimeMLS
Listing removed 2020-01-02
$0
PrimeMLS
Listed 2019-06-19
$249,900
PrimeMLS
Listing removed 2018-09-04
$225,000
PrimeMLS
Price Changed 2018-06-04
$225,000
PrimeMLS
Price Changed 2018-04-09
$240,000
PrimeMLS
Relisted 2017-08-23
$250,000
PrimeMLS
Listing removed 2017-08-11
$250,000
PrimeMLS
Relisted 2017-06-15
$250,000
PrimeMLS
Listing removed 2017-06-11
$250,000
PrimeMLS
Listed 2017-02-27
$250,000
PrimeMLS
Sold 2004-05-19
$210,100
Public Record
Year Built: 1970
Above Grade Finished Area: 3015
Construction Materials: Wood Frame, Vinyl Exterior
Foundation Details: Block
Property Age: 54
Property Condition: Existing
Roof: Shingle - Asphalt
Levels or Stories: 2
Total Area Sqft: 3015
Architectural Style: Cape
Sewer: Private
Phone
Cable - Available
Water Source: Drilled Well
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.