39 Chestnut Street Rochester, NH
$719,900
Beds 8
Baths 3
Square Footage 4,001
Acres 0.29
Description
This spacious 3-unit multifamily generates over $74,000 gross income annually. With an 8.26% cap rate & fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding to name a few. Wiring and plumbing updates as well as a new roof w/in the past 8 years in addition to an extensive list of more recent improvements. Ample off-street parking available for tenants in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools. Delayed Showings begin Friday, 10/18/24.
Listed by The Gove Group Real Estate, LLC, Michelle Sullivan
Details
MLS 5018215
Price $719,900
Status Active
DOM 65 days
Type Multi-Family
Style Colonial
Beds 8
Total Baths 3 full baths
Square Feet 4,001 sqft
Lot Size 0.29 acres
Year Built 1901
Taxes Paid $7,465
Lot & Building Features
Appliances Water Heater–Natural Gas
Utilities Gas - On-Site
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Baseboard, Hot Water, Gas Heater, Electric
Parking Description Driveway, Paved, Parking Spaces 1 - 10, On Street, Off Street
Sewer Public
Tax Year 2023
Taxes Paid $7,465
Water Public
Basement Description Bulkhead, Stairs - Interior, Partially Finished, Interior Access
Foundation Stone
Lot Description City Lot, Street Lights, Sidewalks, Level, Landscaped, Corner
Roof Shingle - Architectural
Features Exterior Balcony, Shed, Porch - Enclosed
Garage Yes
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Heat - Natural Gas, Dishwasher, Ceiling Fan
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2450.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Ceiling Fan
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2250.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Refrigerator, Range - Gas, Ceiling Fan
Unit 3 Lease Term Annual
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1525.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Heat
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Financing
$
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.