34 Summer StreetRochester, NH 03867Price: $399,901

  • Price: $399,901
  • Est. Mortgage of $/month
  • 118 Days on Market
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$
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $399,901List Price
  • 3Bathrooms
  • 0.26Acreage
  • 3,343Square Feet
Appraised WAY OVER ASKING and back on the market due to financing. Look no further, this is what all the investors have been looking for. This triplex currently boasts an impressive 7.21% cap rate with potential well over a 10% cap rate. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city's multiple development projects. Unit 1 has been completely redone with a newer kitchen, bath, and flooring. This unit is equipped with stainless steel appliances, its own private 2nd floor porch, and it also maintains its wood trim moulding throughout. Head onto units 2,3 and experience their charm, with their stunning hardwood floors, spacious rooms, tin ceilings, and their wooden tray ceilings. Not just that, these units have the potential for an extra bedroom conversion, to produce higher income. Some of many improvements include a newer high efficiency, Buderus natural gas boiler, that saves you on your heating bills, and a newer roof. Tenants enjoy plenty of parking, washer/dryer in building, and being close to all amenities, including convenience stores, restaurants, schools, parks and more. Enjoy an oversized lot for downtown Rochester, a detached garage, and a shed outback. Delayed showings to begin at the open house on Saturday, November 6, 2021, between 11-1PM.
Listed by Andy Yau of RE/MAX Shoreline

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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 November 29, 2021.

 

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