Multi-Family for Sale: 43-45 Congress Street, Rochester, NH 03867

6 beds
3,848 sqft
$699,900
$699,900
43-45 Congress Street, Rochester, NH 03867
6 beds
3,848 sqft
$699,900
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Price:
$699,900
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Apartment Building
Beds 6
Square Feet 3,848 sqft
Lot Size 0.21 acres
Year Built 1801
City Rochester
County Strafford
MLS 5027162
Status Active
DOM 2 days
Large, fully-occupied 4-unit multifamily property near Downtown Rochester consisting of four spacious 2-bedroom, 1-bathroom units. This property has been significantly improved by the current owner, who has recently turned two of the apartments and increased rents across all four units. Income is terrific at $7,780/month ($1,945/unit/month) or ~$93K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity and the landlord pays for only water/sewer. The property’s ~$65K/year in NOI makes this listing a 9.3% cap. The property provides four off-street parking spaces and ample street parking is available in the immediate vicinity. Owner is a real estate licensee.

Lot & Building Features

Utilities Cable
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Electric
Sewer Public
Water Public
Basement Description Full
Foundation Block, Stone, Brick
Lot Description City Lot
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Level Number Unit 43-1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2080.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Month to Month
Unit 2 Level Number Unit 43-2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Month to Month
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Level Number Unit 45-1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1700.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Month to Month
Unit 3 Tenant Pays Electric, Hot Water, Heat
Unit 4 Lease Term Month to Month
Unit 4 Level Number Unit 45-2
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 2000.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Month to Month
Unit 4 Tenant Pays Electric, Hot Water, Heat

Price History of 43-45 Congress Street, Rochester, NH

Date Name Price Difference
01/20/2025 Listing Price $699,900 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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Photo of Jamie Blair, Licensed REALTOR® in NH & MA
Direct: 781-771-1980
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Gray Property Group, LLC, Nick Gray
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43-45 Congress Street (MLS #5027162) is a multi-family listing located in Rochester, NH. This multi-family listing is 3,848 sqft and on a lot of 9,148 sqft (or 0.21 acres) and is 224 years old. This property was listed on 01/20/2025 and has been priced for sale at $699,900.

Nearby zip codes are 03039, 03067, 03839, 03868 8544 and 03868. This property neighbors other cities such as Barrington, Dover, 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: Gray Property Group, LLC

Copyright 2025 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 01/22/2025