39 Chestnut ST Active

Rochester,NH 03867

$ 719900

8 Beds

3 Baths

4001 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,001 sqft

Price per Sqft $179

MLS Listing ID 5018215

Bedrooms 8

Full Baths 3

Construction Status Existing

Year Built 1901

Annual Tax Amount $7,465

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Property Description

This spacious 3-unit multifamily generates over $74,000 gross income annually. With an 8.26% cap rate & fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding to name a few. Wiring and plumbing updates as well as a new roof w/in the past 8 years in addition to an extensive list of more recent improvements. Ample off-street parking available for tenants in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools. Delayed Showings begin Friday, 10/18/24.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning R2

Rooms

Basement Entrance Interior

Basement Bulkhead,Partially Finished,Stairs - Interior,Interior Access

Interior

Heating Electric,Gas - Natural

Cooling None

Flooring Carpet,Hardwood,Tile,Vinyl

Exterior

Garage Spaces 1.0

Garage Description Driveway,Off Street,On Street,Parking Spaces 1 - 10,Paved

Utilities Available Gas - On-Site

Roof Type Shingle - Architectural

Building

Story 2.5

Foundation Stone

Sewer Public

Construction Status Existing

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