32 Mill St, Rochester, NH 03867
- $899,000
- 4,528
- SqFt
Listing courtesy of Andy Yau from RE/MAX Shoreline. ()
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- 5036194
- Subtype
- Residential Income
- Style
- Multi-Family, Multi-Level
- Year Built
- 1882
- Living Area
- 4,528
- Lot Size
- 70,567
- Acres
- 1.62
Property Description
Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.
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Additional Information
- Property Description
- Multi-Family, Multi-Level
- Zoning
- R2
- Heating
- Natural Gas, Natural Gas, Steam
- Air Conditioning
- Other
- Levels
- Two and One Half
- Roof
- Shingle
- Foundation
- Brick/Mortar, Stone
- Garage Spaces
- 2
- School District
- Rochester City School District
- Elementary School
- East Rochester School
- Middle School
- Rochester Middle School
- High School
- Spaulding High School
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