About This Home

This 4-bedroom, 3-bathroom residential multi family at 22 Highland Street in Rochester, NH is listed for $569,900 ($231 per sqft). Built in 1906, the home offers 2,466 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1906
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
3 full
1-car garage
1906
Listing Description

Exceptional Cashflow! This meticulously updated triplex is exactly what everyone has been waiting for - ideal for an owner-occupant with tenants covering the majority of the mortgage, or for an investor targeting a strong current cap rate of 9.26%. Located in the east side bordering Maine, this triplex boasts excellent curb appeal, highlighted by a

brand-new roof installed this summer, updated vinyl trim, vinyl replacement windows, and refreshed decks with new posts and railings. Tour the units and it's clear the property has been thoughtfully maintained. You'll find new flooring and carpets throughout, along with updated kitchens featuring white cabinetry and new tile backsplashes.

Each full bathroom has been completely refreshed with new tile backsplashes, vanities, toilets, and flooring. A new furnace with central air conditioning has been installed in the main unit- a true rarity in New England multifamily properties. Separate utilities help keep expenses low for an investor, while four individual driveways provide dedicated parking with ample space overall.

The detached garage features its own electrical panel and offers excellent potential for expansion, additional uses or even additional rental income. The home also includes a new shed outback, and recently installed privacy fences. Rounding it out is an incredibly spacious and private backyard, ideal for an owner-occupant to enjoy outdoor living and gather with family and friends during the warmer months.

Conveniently located with easy access to Route 16 and just a short drive to Portsmouth, offering convenient access to shopping, dining, and a wide range of amenities.

Monthly Cost Estimate

$3,048/mo

20% down · 6.5% · 30 years

Principal$412
Interest$2,470
Insurance$166

Estimates only. Actual payments may vary.

Location

22 Highland Street

Rochester, NH 03867

Features & Amenities

Exterior Features

BarnBuildingDeckDog FenceFull FenceInvisible Pet FencePartial FenceGarden SpaceGuest HouseOutbuildingPatio

Property Details

Construction

Timber Frame Vinyl Siding

Outdoor Features

DeckPatio

Parking

AssignedOpen

Heating

Natural Gas

Appliances

Separate Water Heater

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 22 Highland Street is listed at $569,900 ($231/sqft). The estimated monthly payment is $3,048 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.21 acre lot, 2 stories. Exterior Features: Barn, Building, Deck.

This property is listed by Andy Yau.

AY

Andy Yau

Agent at RE/MAX Shoreline

Listed by RE/MAX Shoreline · Broker phone: (603) 431-1111 · View on Broker Site · Broker website

MLS# 5112001· Source: PrimeMLS· 30 days on PropertySimple

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

22 Highland Street, Rochester, NH 03867

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