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Listed By Andy Yau RE/MAX Shoreline
$ 590,000
Est. payment /mo
Under Contract
11 Cleveland ST Rochester, NH 03867
6 Beds
3 Baths
3,342 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,342 sqft
Price per Sqft $176
MLS Listing ID 5100689
Style Multi-Family
Bedrooms 6
Full Baths 3
Construction Status Existing
Year Built 1921
Lot Size 7,405 Sqft
Acres 0.17
Property 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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning R2
Rooms
Basement Partially Finished
Interior
Heating Natural Gas, Hot Water
Cooling Other
Exterior
Parking Features Yes
Garage Spaces 2.0
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description Level
Story 3
Sewer Public
Water Public
Architectural Style Multi-Family
Construction Status Existing
