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About This Home

This 8-bedroom, 6-bathroom residential multi family at 32 Mill Street in Rochester, NH is listed for $899,000 ($199 per sqft). Built in 1882, the home offers 4,528 sqft of living space on a 1.62 acres lot.

Agent Description

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units i

deal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home.

Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash.

There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

Key Features

  • Built in 1882
  • 1.62 acre lot
  • 2.5 stories
  • 2 parking spaces

Property Details

3 stories
6 full
2 spaces
1882

Amenities

Basement

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

32 Mill Street

Rochester, NH 03867

Property Details

Parking

GaragePaved or Surfaced

Heating

Natural GasSteam

Questions & Answers

This 8-bedroom, 6-bathroom residential multi family at 32 Mill Street is listed at $899,000 ($199/sqft). The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.

Key features include: Built in 1882, 1.62 acre lot, 2.5 stories, 2 parking spaces.

This property is listed by Andy Yau and can be reached at 6039696216 or andy.yaurealty@gmail.com.

AY

Andy Yau

Agent at RE/MAX Shoreline

(603) 969-6216

Listed by RE/MAX Shoreline · View on Broker Site

MLS# 5036194· Source: listhub· Updated 413 days ago

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32 Mill Street, Rochester, NH 03867

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