Listing courtesy of Andy Yau, RE/MAX By The Bay 603-431-1111
58 Pickering Road, Rochester, NH, 03867
3 beds
1900
Multi-Family
2,370 sqft
BACK ON MARKET DUE TO FINANCING! Their loss your gain. Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for an owner occupant or value-add, with a current cap rate of ~9% and a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 2.5 miles to downtown Rochester, .5 miles to route 16, 20 miles to Portsmouth.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
NEIGH MIX
Heating:
Propane, Hot Water
Cooling:
Other
Basement:
Concrete, Concrete Floor, Interior Stairs, Walkout
Acreage:
0.11
Lot Description:
City Lot,Sidewalks
MLS #:
5042401