Multi-Family for Sale: 39 Chestnut Street, Rochester, NH 03867

8 beds
3 full baths
4,001 sqft
$719,900
$719,900
39 Chestnut Street, Rochester, NH 03867
8 beds
3 full baths
4,001 sqft
$719,900
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Price:
$719,900
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Type Multi-Family
Style Colonial
Beds 8
Total Baths 3 full baths
Square Feet 4,001 sqft
Lot Size 0.29 acres
Year Built 1901
Taxes Paid $7,465
City Rochester
County Strafford
MLS 5018215
Status Active
DOM 44 days
This spacious 3-unit multifamily generates over $74,000 gross income annually. With an 8.26% cap rate & fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding to name a few. Wiring and plumbing updates as well as a new roof w/in the past 8 years in addition to an extensive list of more recent improvements. Ample off-street parking available for tenants in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools. Delayed Showings begin Friday, 10/18/24.

Lot & Building Features

Appliances Water Heater–Natural Gas
Utilities Gas - On-Site
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Baseboard, Hot Water, Gas Heater, Electric
Parking Description Driveway, Paved, Parking Spaces 1 - 10, On Street, Off Street
Sewer Public
Tax Year 2023
Taxes Paid $7,465
Water Public
Basement Description Bulkhead, Stairs - Interior, Partially Finished, Interior Access
Foundation Stone
Lot Description City Lot, Street Lights, Sidewalks, Level, Landscaped, Corner
Roof Shingle - Architectural
Features Exterior Balcony, Shed, Porch - Enclosed
Garage Yes

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Heat - Natural Gas, Dishwasher, Ceiling Fan
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2450.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Ceiling Fan
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2250.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Refrigerator, Range - Gas, Ceiling Fan
Unit 3 Lease Term Annual
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1525.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Heat

Price History of 39 Chestnut Street, Rochester, NH

Date Name Price Difference
10/10/2024 Listing Price $719,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 39 Chestnut Street, Rochester, NH

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Photo of Fawn Bonfanti, MBE, REALTOR®, SHRM
Direct: 603-365-5166
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by The Gove Group Real Estate, LLC, Michelle Sullivan
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1.03694957633%
6.75%
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39 Chestnut Street (MLS #5018215) is a multi-family listing located in Rochester, NH. This multi-family listing is 4,001 sqft and on a lot of 12,632 sqft (or 0.29 acres) with 8 bedrooms, 3 baths and is 123 years old. This property was listed on 10/10/2024 and has been priced for sale at $719,900.

Nearby zip codes are 03039, 03839, 03860, 03867 3410 and 03868. This property neighbors other cities such as Barrington, Berwick, Farmington, Lebanon and Somersworth.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: The Gove Group Real Estate, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/23/2024