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Adam Dow

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

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27 River St , Rochester, NH 03867
$1,400,000
Est. Payment: $3,111.11/mo
16 Bed
6 Bath
7106 Sqft
Status: Active | Days on site: 35
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5702 - 621082
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House Description

27 River Street contains seven (7) 2+Bedroom/1-Bathroom units and one (1) 2+Bedroom/1.5-Bathroom unit with 7,106 square feet of gross living area in 13,687 square feet of gross area. The Property is situated upon a 0.47-acre parcel. The four (4) unit property at 27 River Street is enhanced by three (3) individual cottages at 1-3 Dow Court, as well as a single-family home at 31 River Street. 27 River Street is well situated near downtown Rochester, with quick access to the Spaulding Turnpike for convenient regional connectivity across New Hampshire and into southern Maine. The Property is situated in an emerging market that is just off the Maine border and a short ride from the prime locations of Portsmouth, NH and Kittery, ME. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. All utilities are separately metered and paid for by the tenants. Landlord is responsible for common area electric in 27 River Street, the street light in the parking lot, and public water & sewer.

Highlights

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

Property Type

Multi-Family

Lot/Acreage
0.47

Year Built

1881

County

Strafford

Listing ID

5103312

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:6
  • Full Bathrooms:
  • 3/4 Bathrooms:4
  • 1/4 Bathrooms:2
Above Ground Sq Ft:7106
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:R-2
Roof:Asphalt Shingle
Sewer:Public
Parking Features:Off Street
Principal Interest
$3,111
Taxes
$1,495

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
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Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $1,494.92 $0.00 $4,606.03
Yearly $37,333.33 $17,939.00 $0.00 $55,272.33
Total $1,120,000.00 $538,170.00 $0.00 $1,658,170.00

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.