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9-Unit 9% Cap CASH COW Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 9% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.

More Info

Basic Information

  • StatusActive With Contract
  • List Price$1,618,000
  • Date Price Change09/30/2024
  • MLS Number4992989
  • MLS StatusActive Under Contract

Interior

  • FloorsCarpet, Tile, Vinyl, Wood

Exterior

  • RoofShingle - Asphalt

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Air
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available

Other

  • Seasonal Y/NNo
  • Date Listed04/26/2024
  • Unit 1 Deposit$2,250
  • Unit 2 Rent Amount$1,900
  • Unit 3 Rent Amount$1,625
  • Unit 4 Rent amount$1,600
  • Unit 5 Rent amount$1,600
  • Unit 7 Rent amount$1,650
  • Unit 8 Rent amount$1,650
  • View Count17

Location

  • TownRochester
  • StateNH
  • Zip03839
  • CountyStrafford
  • Zoningresidential
  • Flood Zone Y/NUnknown

Property

  • Acreage0.51
  • Parking Spaces4
  • Square Feet7,929
  • APX Fin AG Sqft7,929
  • RoadsPaved

Amenities

  • PricePerSqFt204.06

Water Body

  • Water Body TypeRiver
  • Water Body NameCocheco River
  • Water ViewYes

Building

  • Year Built1882
  • Units9
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 Total Rooms5
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • # of 1 Bedrooms1
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms4
  • Unit 8 Baths1
  • # of 3+ Bedrooms4
  • Unit 8 Bedrooms1
  • Bathroom9
  • Total Baths9
  • BasementConcrete, Stairs - Basement, Stairs - Interior, Unfinished
  • FoundationBlock, Brick, Concrete, Fieldstone, Granite

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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 October 11, 2024 2:22 AM EDT

 

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