Listing courtesy of Andrew Bosco, Four Points Real Estate Phone: 888-944-5827
171 N Main Street, Rochester, NH, 03867
0 beds
1881
Multi-Family
3,882 sqft
171 North Main Street, Rochester, NH 6-Unit Multifamily | Offered at $900,000 | Portfolio Option Available Directly adjacent to 173 North Main, this 6-unit multifamily has a strong income profile and upside through continued unit turnover. Three units have been recently updated, while two more have value-add potential through rent increases or cosmetic improvements. 2024 Financials: Total Operating Income: $98,906.42 Total Expenses: $31,469.43 Net Operating Income (NOI): $67,436.99 Cap Rate (at $900,000): 7.49% Estimated Annual Cash Flow (at 25% down, 7% interest, 25-yr amortization): ~$21,511/year Purchase individually or combine with 173 North Main for scale and ease of management. Buyer and buyer agent do own due diligence. 48 hour notice required. Group staggered showings will be scheduled. Proof of funds required to schedule a tour. No seller financing. Adjacent building per MLS: 455983 is also listed. Can be purchased together or separately.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
NMU
Frontage:
98
Heating:
Oil
Cooling:
None
Basement:
Concrete
Acreage:
0.32
Est. Taxes:
$8,728
Assessment
$339,100
Lot Description:
Near Public Transportatn
MLS #:
5034451