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135 North Main StreetRochester, NH 03867MLS Number 4840738

  • Price: $169,900The price has recently decreased
  • 295 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.88% last updated on 2021-09-23

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Active with Contract
135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867135 North Main Street Rochester NH 03867
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  • 0.11Acreage
  • 1920Year Built
  • 2,536Square Feet
  • Andy YauListing Agent Name
PRICE INCREASE FOR NEW 50 YEAR WARRANTY ROOF AND NEW ROOF SHEATHING PLYWOOD. Investors, flippers, and contractors take notice! Check out this incredible deal, with a great cap rate, in one of the hottest markets in Strafford county! There is unlimited potential, with potential gross income over $42,000 annually, and current expenses below $6,000. Where else can you find three units for only $55,633 a piece? Bring your toolbox and painting supplies, and bring this tired investment back to life. This is the perfect property to execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. Rehab the property and complete a cash out refinance with your built-in sweat equity, then repeat the process again with your refinance proceeds utilized for your next project. This investment consists of two residential units and a commercial unit. The lower level consists of large open-space rooms, perfect for a growing business. The second floor boasts two residential units with two bedrooms each. The unit on the right includes a bonus room and an attic that is perfect for storage. Enjoy the red suede kitchen, accompanied by its stunning brick walls and wood-frame panels. This investment offers many advantages including separate utilities, plenty of parking out back, and more! That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes.
Listed by Andy Yau of RE/MAX Shoreline

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Basic Information

  • StatusActive With Contract
  • Modification Date09/09/2021
  • TypeBusiness, Development, Hospitality, Industrial, Investment, Multi-Family, Office, Opportunity, Other, Retail
  • List Price$169,900
  • Broker NameRE/MAX Shoreline
  • Listing Agent NameAndy Yau
  • Lister Office NameRE/MAX Shoreline
  • MLS Number4840738
  • MLS StatusActive Under Contract

Location

  • Building Number135
  • StreetNorth Main Street
  • TownRochester
  • StateNH
  • Zip03867
  • CountyStrafford
  • Map121

Property

  • Acreage0.11
  • Parking Spaces
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near ATV Trails
    • Near Hospital
    • Near Paths
    • Near Public Transportatn
    • Near Railroad
    • Near Shopping
    • Neighborhood
    • Office Park
    • Other
    • Rural
    • Suburban
    • Tidal
    • Valley
    • Village
  • Lot Sqft4,792

Building

  • Year Built1920
  • ConstructionWood Frame
  • Units3
  • FoundationConcrete
  • Square Feet2,536
  • BasementDirt, Dirt Floor
  • Garage Spaces

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt

Utilities

  • FuelGas - Natural Available
  • Heating CoolingBaseboard, Forced Air, Gas Heater, Hot Air, Hot Water, Other
  • Phone CompanyComcast

Other

  • Date Showings Begin2020-12-05
  • View Count2

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 September 23, 2021.

 

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From Our Clients

"Brian and I wanted to let you know how much we appreciated your assistance and hard work over the last few months. As first-time homebuyers, we kept you quite busy with our questions and worries. You were always very helpful and pleasant, and truly on our side as we navigated the process. You went above and beyond several times, and for that we are grateful.

Your professionalism, expert knowledge, recommendations, and advocacy on our behalf are just a few of the reasons why we would confidently refer any potential home buyer or seller to you in a heartbeat.

After our unpredictable run of ups and downs that were outside our control, we have finally found the right home in Durham NH, thanks to you. We are very happy here in Durham, and look forward to seeing you around town."

Erika Tobiassen and Brian Place, Durham, NH