11 Cleveland Street,Rochester, NH 03867
Rochester, NH 03867
Description
Investors look no further for a triplex with a current cap rate of 8.15% and upside potential to 10.28%. This property boasts exceptional curb appeal, featuring pristine vinyl siding and newer vinyl trim wrap. Situated in a quiet residential neighborhood surrounded by single-family homes, this is a rare find in today's multifamily market. Tour through the building and experience the recent updates in one of the two-bedroom units, featuring a new kitchen with stainless steel appliances, a new bathroom with vanity, and new flooring throughout. Also experience the character of the one-level 3BR unit with its spacious bedrooms and living rooms. Tenants enjoy the outdoors on the porch area, and the added convenience of washer/dryer hookups. The top 1 bedroom unit has been well maintained with luxury vinyl flooring, newer tile, and an updated bathroom and more. Enjoy plenty of updates including newer parts of the roof, and newer windows. Tenants and owners enjoy a nicebackyard, plenty of parking, garage, and separate utilities for low expenses. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, solidifying its position as the leading seacoast city forconstruction starts. PRIVATE showings Friday 4-6PM and Saturday 1-3PM.
Details
| MLS # | 5100689 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1921 |
| Days On Site | 69 |
| Listing Provided By | RE/MAX Shoreline | Andy Yau |
Features
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.17 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Other |
| Heating | Natural Gas, Hot Water |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Frame, Aluminum Siding |
| Foundation Details | Brick/Mortar, Stone |
| Lot Features | Level |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Block | 246 |
|---|---|
| Tax Lot | 0 |
Area Information
| State | NH |
|---|---|
| County | Strafford |
| City | Rochester |
| Zip Code | 03867 |
| Area | NH Strafford |
| Listing VS Median (in 03867) | |
Price: $590,000 low | high Med: $835 On site: 69 low | high Med: 508.5 | |
Market Activity 03867
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Learn More About This Property
| State | NH |
|---|---|
| County | Strafford |
| City | Rochester |
| Zip Code | 03867 |
| Area | NH Strafford |
| Listing VS Median (in 03867) | |
Price: $590,000 low | high Med: $835 On site: 69 low | high Med: 508.5 | |
