22 Highland St, Rochester, NH 03867

$569,900
2,466
SqFt

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Listing courtesy of Andy Yau from RE/MAX Shoreline. ()

List Price
$569,900
Status
ACTIVE
MLS#
5112001
Subtype
Residential Income
Style
Multi-Family, New Englander
Year Built
1906
Living Area
2,466
Lot Size
9,148
Acres
0.21

Property 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. 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. PRIVATE showings Saturday 1-3PM and Monday 4-6PM

Additional Information

Exterior Features
Barn/Stable, Outbuildings, Deck, Dog Fence, Fence, Invisible Fence, Partial Fence, Garden, Guest Quarters, Other, Outbuildings, Patio
Financing
Conventional
Property Description
Multi-Family, New Englander
Zoning
R2
Appliances
Separate Water Heater
Heating
Natural Gas, Vented Gas Heater
Air Conditioning
None
Levels
Two
Roof
Asphalt
Foundation
Brick/Mortar, Stone
Parking Features
Garage Door Opener, Storage Above, Detached, Assigned, Other
Garage Spaces
1
School District
Rochester School District
Elementary School
East Rochester School
Middle School
Rochester Middle School
High School
Spaulding High School

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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