About This Home

This 0-bedroom, 0-bathroom residential multi family at 11 Cleveland Street in Rochester, NH is listed for $590,000 ($177 per sqft). Built in 1921, the home offers 3,342 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1921
  • 0.17 acre lot
  • 3 stories

Property Details

3 stories
1921
Listing 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 nice backyard, 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 for construction starts. PRIVATE showings Friday 4-6PM and Saturday 1-3PM.

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,557
Insurance$172

Estimates only. Actual payments may vary.

Location

11 Cleveland Street

Rochester, NH 03867

Property Details

Construction

Wood Frame Aluminum Siding

Heating

Natural GasHot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 11 Cleveland Street is listed at $590,000 ($177/sqft). The estimated monthly payment is $3,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.17 acre lot, 3 stories.

This property is listed by Andy Yau and can be reached at (603) 431-1111.

AY

Andy Yau

Agent at RE/MAX Shoreline

(603) 431-1111

Listed by RE/MAX Shoreline · View on Broker Site

MLS# 5100689· Source: listhub· 1 day on market

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11 Cleveland Street, Rochester, NH 03867

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