17 Winter St - Apartments FOR SALE


Rochester, NH 03867
$699,900 USD
603-431-1111
17 Winter St, Rochester, NH for Sale
$699,900 USD
Apartments - FOR SALE
1/28
null | 10.57% Cap Rate

17 Winter St
Rochester, NH 03867


HIGHLIGHTS

  • Perfect high income investment property with a current cap rate of 9.56%
  • Separate utilities
  • Well maintained with granite counters and W/D in each unit

OVERVIEW

*** NEW $111,000 Price Reduction ($171,000 TOTAL) Private Showings on Saturday Sep 30, 12- 2PM*** Investors look no further for the perfect high income investment with a current cap rate of 9.56% as a result of low expenses due to separate utilities. Tour through the units and appreciate granite counters throughout all the kitchens paired with stainless steel appliances. Tenants enjoy the convenience of washer/dryers that is seen throughout all units. The largest unit, as spacious and inviting as it can be, boasts character with beautiful hardwood floors throughout, crown molding, and tin ceilings. Discover tasteful finishes in the other units, including luxury vinyl flooring and chic chamber ceilings. One of the smaller units contain a cozy one bedroom loft layout. The owner’s dedication to the building is shown with creating a common seating area for the tenants. Tenants enjoy a nice backyard and being located close to town, restaurants, schools, convenience stores, major routes and more. Invest in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, with major projects like the ridge expansion and the Hoffman project, solidifying its position as the leading seacoast city for construction starts. Property is located in an opportunity zone with additional tax benefits. Delayed private showings begin on Saturday, August 12 from 1-3PM.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$226 USD /SF

# OF UNITS

10

PRICE/UNIT

$69,990

CAP RATE

10.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17 Winter St, Quadplex in Rochester

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1881

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R2

APN/PARCEL ID

RCHE-000120-000293

ASK ABOUT THIS PROPERTY

Andy YauRE/MAX ShorelineMore Info
603-431-1111

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Andy YauRE/MAX ShorelineMore Info
603-431-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.