Listing courtesy of Michelle Sullivan, The Gove Group Real Estate, LLC Phone: 603-778-6400
39 Chestnut Street, Rochester, NH, 03867
8 beds
3 Full baths
1901
Colonial
4,001 sqft
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.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
R2
Frontage:
129
Garage:
1-car Garage
Heating:
Baseboard, Electric, Gas Heater, Hot Water
Cooling:
None
Basement:
Bulkhead, Partially Finished, Stairs - Interior, Interior Access
Parking:
Driveway, Off Street, On Street, Parking Spaces 1 - 10, Paved
Acreage:
0.29
Est. Taxes:
$7,465
Lot Description:
City Lot,Corner,Landscaped,Level,Sidewalks,Street Lights
MLS #:
5018215