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Listed by Andy Yau • RE/MAX Shoreline
$ 399,900
Est. payment | /mo
2,370 SqFt
$ 399,900
Est. payment | /mo
2,370 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $168
MLS Listing ID 5000971
Construction Status Existing
Year Built 1900
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for value-add, with a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 2.5 miles to downtown Rochester, .5 miles to route 16, 20 miles to Portsmouth. Delayed private showings begin on Saturday, June 22 between 12 to 2PM.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning NEIGH MIX
Rooms
Basement Entrance Interior
Basement Concrete, Concrete Floor, Stairs - Interior, Walkout
Interior
Heating Gas - LP/Bottle
Cooling Other
Exterior
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Other, Slab w/ Frost Wall, Wood
Sewer Public
Construction Status Existing