177 Rockingham Rd, Auburn, NH — Four-Unit Multifamily Investment Opportunity
Offered at $1,195,000, this four-unit multifamily asset presents a rare opportunity to acquire a near-turnkey property with an extensive, nearly complete capital improvement program. Recent upgrades include a new architectural roof (2025), new furnace and dual mini-split heat pump systems (2024–2025), septic line replacement with PVC (2023), a new asphalt driveway (2024), multiple new water heaters, and complete interior renovations of three of the four residential units (2022, 2024, 2026).
The property generates strong in-place income, with annual gross income of $113,040 and net operating income of $98,624, reflecting an 8.25% cap rate at the asking price. Additional upside is available through leasing the currently vacant storage unit. The unit mix includes four residential units, two garage spaces, and one storage unit.
With nearly every major building system updated — roof, mechanicals, septic, driveway, and hot water — this is a low-maintenance asset well-suited for an investor seeking durable cash flow with minimal near-term capital requirements.
Property is being sold as-is. Buyer to conduct independent due diligence on all income, expense, and physical condition matters.