38-44 No Main
Rochester, NH 03867
- – beds
- – baths
- 8,860 sqft
- 9,583 sqft lot
- $141 per sqft
- 1920 build
- – on site
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Investors take notice for the building every investor is looking for! Potential cap rate over 12%. Extremely rare, unique one of a kind offering, located in the most sought out main strip of downtown Rochester. This is a highly sought out brick building consisting of 8 residential units and 3 commercial units. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city’s multiple development projects. Take advantage of being directly across from the Hoffman project, a six story 46 unit development, and also on the same strip, the Scenic Salinger, a 55 unit Chinburg development. Tour through the commercial units with large open spaces and enjoy credit tenants which includes one of the most popular breakfast restaurants in Rochester- Fallen Leaf Bistro, and the retired Rox Lounge. Tour through the apartments and experience its character which include large open windows looking out to the view of downtown Rochester, hardwood floors, wood trim, high ceilings, tray ceilings and open concept studios. Updates can be seen throughout which include new LVP flooring, some new kitchens, and new bathrooms. Thats not all, owners enjoy low expenses due to separate utilities, plenty of parking spaces outback and the tax benefits of being located in an opportunity zone. Tenants enjoy a coin operated washer/dryer, and being located in walking distance to the heart of downtown Rochester, close to restaurants, convenience stores, and retail shopping. Sat showings 10-12
Listing courtesy of PRIME_MLS / Andy Yau / RE/MAX Shoreline, KW Coastal and Lakes & Mountains Realty
Last checked:
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Last updated Jun 25, 2024
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MLS# 4938086 —
The Building
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Year Built:1920
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Pre-Construction:No
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Construction:Masonry
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Construction Status:Existing
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Style:Multi-Family
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Roof:Flat, Membrane
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Exterior:Brick, Wood
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Foundation:Brick, Granite
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Total Stories:2
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Total Units:11
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Approx SqFt Total:8860
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Approx SqFt Total Finished:8,860 Sqft
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Approx SqFt Finished Above Grade:7,680 Sqft
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Approx SqFt Finished Below Grade:1,180 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
Interior
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Basement:Yes
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Basement Description:Concrete Floor, Full, Stairs - Exterior, Storage Space, Unfinished, Stairs - Basement
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Basement Access Type:Interior
Location
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Map:121
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Latitude:43.304174384765005
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Longitude:-70.977082084655763
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:14
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Lot Description:City Lot, Curbing, Sidewalks, Sloping, Street Lights
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Lot SqFt:9,583 Sqft
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Lot Acres:0 Sqft
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Zoning:DTC
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Driveway:Concrete
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Roads:Public
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Road Frontage:Yes
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Road Frontage Length:64 Sqft
Listing Agent
- Contact info:
- Office phone:
- (603) 431-1111
Taxes
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Taxes TBD:Unknown
Beds
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Total 2 Bedroom Units:3
The Listing
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Price Per SqFt:162.76
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Forced Air, Hot Air, Multi Zone
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Heat Fuel:Gas - LP/Bottle, Gas - Natural
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Water Heater:Gas - LP/Bottle, Gas - Natural
Utilities
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Utilities:Cable - Available, High Speed Intrnt -Avail
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Sewer:Public
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Water:Public
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Electric:110 Volt, 220 Volt, Circuit Breaker(s)
Schools
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Elementary School:East Rochester School
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Middle Or Jr High School:Rochester Middle School
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High School:Spaulding High School
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School District:Rochester School District
The Community
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Covenants:No
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).
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).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/30/22
Nov 30, 2022
|
Sold | PRIME_MLS | $1,250,000 |