9-11 ELA COURT Rochester, NH 03867 | Multi-Family

$625,000

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5781 sqft.
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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.

Property Details

List Price $649,900 Sold Price $625,000 List Date 2022-10-19 Sold Date 2022-11-04 MLS ID 4934262 Status Closed Property Type Multi-Family Delayed Showings No County NH-Strafford Days on Market 9

structure

AG Finished Area 3975.0 basement Yes cooling Central AC, Other foundation details Brick, Stone garage y n No heating Hot Air living area 5781.0 living area units Square Feet new construction Existing Parking Features Paved roof Shingle - Asphalt stories 3 year built 1882

characteristics

Acres 0 lot size area 0.51 Lot SqFt 22216.0 lot size units Acres # of Units 4 road frontage type Paved, Public road surface type Paved, Public

school

elementary school East Rochester School high school Spaulding High School middle or junior school Rochester Middle School

tax

zoning R2

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 2 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 5:36:53 AM (UTC)