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 citys 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.
Off market
Zestimate®
$557,500
34 Summer St, Rochester, NH 03867
5beds
0baths
3,343sqft
MultiFamily
Built in 1901
-- sqft lot
$557,500 Zestimate®
$167/sqft
$1,824 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Gas
Cooling
- None
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,343 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 0.26 Acres
Details
- Parcel number: RCHEM0120B0426L0000
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1901
Utilities & green energy
- Electric: Circuit Breaker(s)
- Sewer: Public
Community & neighborhood
Location
- Region: Rochester
Other
Other facts
- Construction: Wood Frame
- Driveway: Paved
- Electric: Circuit Breaker(s)
- Heating: Radiator
- Lot Description: City Lot, Corner, Level
- Roads: Public
- Sewer: Public
- Water: Public
- Surveyed: Unknown
- Road Frontage: TBD
- Unit 3 Rental Amt Freq: Monthly
- Construction Status: Existing
- Flood Zone: Unknown
- Unit 4 Rental Amt Freq: Monthly
- Unit 1 Lease Term: Month to Month
- Unit 1 Rental Amt Freq: Monthly
- Unit 2 Rental Amt Freq: Monthly
- Foundation: Stone, Brick
- SqFt-Apx Fin AG Source: Municipal
- Garage: Yes
- Separate Utilities: Varies
- Total Stories: 3
- Zillow Group: Yes
- SqFt-Apx Unfn BG Source: Municipal
- Unit 1 Status: Month to Month
- Unit 2 Status: Month to Month
- SqFt-Apx Fin BG Source: Other
- SqFt-Apx Unfn AG Source: Other
- Unit 1 Tenant Pays: Electric, Hot Water
- Unit 2 Tenant Pays: Electric, Hot Water
- Unit 3 Tenant Pays: Electric, Hot Water
- Style: New Englander
- Unit 3 Status: Month to Month
- Unit 2 Lease Term: Month to Month