38-40 Lafayette Street Rochester, NH SOLD

$850,000
Beds 12
Square Footage 4,482
Acres 0.24
Photo of 38-40 Lafayette Street Rochester NH 03839

Sold By

Tyler Allen, New Space Real Estate, LLC



Description

Cash Cow!!! Estimated CASHFLOW of $2899.65/month with 25% down. 9.74% CAP RATE. Condo approval in place! Updated and well cared for buildings. Room to increase rents and CASHFLOW!!


Listed by KW Coastal and Lakes & Mountains Realty, Christopher Dunn
Sold by New Space Real Estate, LLC, Tyler Allen

Details

MLS 5016474
Price $850,000
Status Closed
DOM 73 days
Type Multi-Family
Style Colonial
Beds 12
Square Feet 4,482 sqft
Lot Size 0.24 acres
Year Built 1900

Lot & Building Features

Utilities Gas - On-Site
Construction Wood Frame
Cooling None
Heating Forced Air, Natural Gas, Hot Water
Sewer Public
Tax Year 2024
Water Public
Basement Description Bulkhead, Partial, Full, Dirt, Concrete Floor, Concrete
Foundation Block, Slab - Concrete, Poured Concrete, Concrete, Brick
Lot Description Level
Roof Shingle - Asphalt
Garage Yes

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1900.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 6
Unit 1 Status Leased
Unit 1 Tenant Pays All Utilities
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1350.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Status Leased
Unit 2 Tenant Pays All Utilities
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Annual
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1950.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 6
Unit 3 Status Leased
Unit 3 Tenant Pays All Utilities
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Lease Term Annual
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1650.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 5
Unit 4 Status Leased
Unit 4 Tenant Pays All Utilities
Unit 5 Baths 1
Unit 5 Bedrooms 2
Unit 5 Lease Term Annual
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 1600.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Rooms 5
Unit 5 Status Leased
Unit 5 Tenant Pays All Utilities

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.