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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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11 Cleveland St , Rochester, NH 03867
$590,000
Est. Payment: $1,311.11/mo
6 Bed
3 Bath
3342 Sqft
Status: Active Under Contract | Days on site: 46
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House 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.

Highlights

Listed by Andy Yau , 603-969-6216 RE/MAX Shoreline , 603-431-1111.

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1921

County

Strafford

Listing ID

5100689

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Above Ground Sq Ft:3342
Basement:Yes,Partially Finished

Exterior Features

Lot:Existing
Zoning:R2
Roof:Shingle
Sewer:Public
Principal Interest
$1,311
Taxes
$376

Home Price

$590,000

Loan Details

30 yrs
%

Down Payment

20%
$118,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,311.11 $376.13 $0.00 $1,687.24
Yearly $15,733.33 $4,513.50 $0.00 $20,246.83
Total $472,000.00 $135,405.00 $0.00 $607,405.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rochester, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.