9-11 ELA COURT Rochester, NH 03867 | Multi-Family
$625,000
Listing Courtesy of
RE/MAX Shoreline
Description
Investors take notice of this one of a kind moneymaker that checks all your boxes with an unbelievable 9.24% cap rate with potential over 10.84%! This quadplex is approximately 4000 SF, is meticulously maintained and comes with river-front views of the Cocheco River. Enjoy an investment that has been completely de-leaded and certified by the state as lead safe. Tour through the building and experience updates throughout which include one unit being completely remodeled from the studs including a new kitchen, new bathroom, new walls, new flooring and more. As you walk into the unit, you’ll experience magnificent river/forest views right from your living room window. Kitchen’s come with stainless steel appliances and some units with washer/dryer’s in unit. Another unit with 3 BR’s has been recently remodeled with engineered LVP flooring, and new led lighting throughout. This unit has been left vacant for the perfect owner occupied buyer who wants to house hack with 3 other units paying their mortgage. Additionally, it has access to the top level which has potential for expansion for additional living space and additional income. Many other updates can be seen including a new roof, newer windows, easy vinyl siding, new house panel, new central AC system and newer heating systems. Thats not all, owners and tenants enjoy separate utilities, plenty of parking, a quiet neighborhood, and a convenience of location. Delayed showings until the open house on Sun Oct 23, from 11 to 1PM.