289 Milton
Rochester, NH 03867
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
BACK ON MARKET due to financing***Look no further, 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 while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful 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 great 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.
Last checked:
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Last updated Nov 7, 2024
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MLS# 4956037 —
Location
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Map:2021
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Latitude:43.375540798447233
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Longitude:-70.986476423278802
The Property
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Property Class:Land
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Lot SqFt:60,984 Sqft
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Lot Acres:1 Sqft
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Zoning:HC
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Roads:Paved, Public
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Road Frontage:Yes
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Road Frontage Length:620 Sqft
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Lot Features:Open
Listing Agent
- Contact info:
- Office phone:
- (603) 431-1111
Taxes
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Taxes TBD:Unknown
The Listing
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Price Per SqFt:353571.43
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Foreclosed/Bank-Owned/REO:No
Utilities
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Utilities:Cable - Available, Phone
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Sewer:Private
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Electric:100 Amp
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Water Source:Drilled Well
The Community
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Covenants:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/1/24
Aug 1, 2024
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Price Changed | PRIME_MLS | $495,000 | -10.0% |
|
7/30/24
Jul 30, 2024
|
Listed / Active | PRIME_MLS | $549,999 | |
|
5/22/24
May 22, 2024
|
Sold Subject To Contingencies | PRIME_MLS | $549,999 |
