Property Description

Well-maintained and updated 4-family property situated on a family-friendly, quiet dead-end street in a desirable neighborhood of Rochester, NH. Set on a spacious 0.46-acre lot abutting the woodline, this property offers a private, peaceful setting while still being just minutes from the hospital, downtown, shopping, and local amenities. Each of the four units features 2 bedrooms, 1 bathroom, an eat-in kitchen, and a comfortable living area. All units have been updated since 2022, including new flooring throughout (a mix of hardwood, vinyl, and carpet) and fresh paint. Each unit is equipped with granite countertops, and two units also boast updated kitchen cabinets. Three of the four units offer convenient laundry hookups. Major improvements include a new roof installed in 2022 with a 50-year warranty and four new hot water heaters. The property is equipped with electric heat and low-maintenance vinyl siding. A full unfinished basement provides excellent storage space, and the large, level yard adds to the property's versatility. Located among similar-style homes in a well-kept neighborhood, this property presents a strong investment opportunity with a potential cap rate of 10%+.

Property Features

Units