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Adam Dow

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

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2-6 N Main St , Rochester, NH 03867
$3,600,000
Est. Payment: $8,000.00/mo
0 Bed
2 Bath
15529 Sqft
Status: Active | Days on site: 1
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5702 - 621082
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House Description

2-6 N Main St contains three (3) Commercial units, one (1) 2-Bedroom/1-Bathroom unit, four (4) 1-Bedroom/1-Bathroom units, and nineteen (19) Studio units with 15,529 square feet of gross living area in 23,965 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features eight (8) off-street parking spaces. 2–6 N Main Street is prominently positioned in the heart of downtown Rochester, offering exceptional access to the city's central business district, vibrant Main Street retail corridor, and surrounding residential neighborhoods. Gas powered heat & hot water is paid for by the Landlord. Tenants, excluding the commercial units, are responsible for separately metered electricity, which they pay directly. The Landlord is responsible for providing common area electric, electric for the commercial units, and city water & sewer to all units. In-place rents are below the current market rates; the opportunity exists to drive rental rates in an urban-infill, high demand/supply constrained residential market. In addition, there are 3 apartments that are in shell condition that need gut renovation to be brought on market. The Property features durable brick construction, a highly desirable attribute for multifamily housing & retail units that provides long-term structural integrity, fire resistance, and reduced maintenance requirements.

Highlights

Listed by William Peck , 603-218-1857 Horvath & Tremblay LLC , 781-776-4000.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1890

County

Strafford

Listing ID

5110166

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
  • 3/4 Bathrooms:2
Above Ground Sq Ft:15529
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:Downtown Commercial
Roof:Membrane
Sewer:Public
Principal Interest
$8,000
Taxes
$2,757

Home Price

$3,600,000

Loan Details

30 yrs
%

Down Payment

20%
$720,000
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Monthly Price:
$8,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,000.00 $2,756.83 $0.00 $10,756.83
Yearly $96,000.00 $33,082.00 $0.00 $129,082.00
Total $2,880,000.00 $992,460.00 $0.00 $3,872,460.00

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.