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  • Listed by: 

    Paul R Marino,

    WWW.FLATFEEMLS4FREE.COM 844-373-3657

    Bought with: RE/MAX Shoreline
    $380,000

    3-5 Academy Street, Rochester, NH 03867

    6beds
    2,700sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $476,300 Zestimate®
    $141/sqft
    $2,408 Estimated rent

    Home value

    $476,300

    $448,000 - $505,000

    $2,408/mo

    Zestimate® history
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    $2,470/mo

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    What's special

    PENDING. 25+ showings in 48 hours necessitated an unforseen change in showing and offer timeline. This THREE UNIT apartment building is CONVENIENTLY located within easy walking distance of downtown Rochester and the Rochester Commons. The PERFECT location just off South Main Street. DESIRABLE for tenants who want to be near grocery and pharmacy shopping, banking, recreational parks, health care, and public transportation. All three units offer TWO BEDROOMS. The FIRST floor unit is rented month to month to a LONG TERM tenant, as is the THIRD floor unit, also month to month. With the SECOND floor unit just recently vacated, this provides MAXIMUM FLEXIBILITY for either a prospective owner occupant, or an investor. Each unit has a DEDICATED ENTRANCE and SEPARATE UTILITIES. Tenants pay ALL UTILITIES, with the sole exception of municipal water and sewer. Property also includes a brick TWO CAR GARAGE, which could be used for additional storage or income. If you’re thinking of OWNER OCCUPANCY, consider the fact you will OWN the building over time. Far better than continuing to rent, which does nothing to increase your net worth. Here’s your opportunity to BECOME AN OWNER AND LANDLORD. If you’re an INVESTOR, you know there is a severe housing unit shortage. Feel confident you’re buying into a HIGHLY RENTABLE LOCATION, with continued strong upward pressure on rental prices that shows no sign of a slowdown.

    Zillow last checked: 8 hours ago

    Listing updated: September 24, 2023 at 02:08pm

    Listed by:

    Paul R Marino,

    WWW.FLATFEEMLS4FREE.COM 844-373-3657

    Bought with:

    Andy Yau

    RE/MAX Shoreline

    Source: PrimeMLS,MLS#: 4962447MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Oil, Hot Air, Monitor Type, Steam
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Water Heater off Boiler
    Features
    • Basement: Concrete,Concrete Floor,Full,Unfinished,Interior Entry
    Interior area
    • Total structure area: 3,780
    • Total interior livable area: 2,700 sqft
    • Finished area above ground: 2,700
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Unassigned, Attached
    • Garage spaces: 2
    Features
    • Levels: 3,Tri-Level
    • Patio & porch: Covered Porch
    • Frontage length: Road frontage: 44
    Lot
    • Size: 3,485 sqft
    • Features: City Lot, Curbing, Level, Sidewalks
    Details
    • Parcel number: RCHEM0125B0201L0000
    • Zoning description: SD (Special Downtown)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard Exterior
    • Foundation: Brick, Poured Concrete
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Electric: 220 Plug, Circuit Breakers
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Sewer Connected

    Community & neighborhood

    Location
    • Region: Rochester

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/22/2023Sold$380,000+4.1%$141/sqft
    Source: PrimeMLS #4962447 Report a problem
    7/26/2023Listing removed--
    Source: PrimeMLS #4962447 Report a problem
    7/22/2023Listed for sale$364,900+54.6%$135/sqft
    Source: PrimeMLS #4962447 Report a problem
    2/8/2019Sold$236,000-21.3%$87/sqft
    Source: PrimeMLS #4720931 Report a problem
    10/4/2004Sold$300,000$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,242 -8.1%$353,000 +59.4%
    2023$5,701 +1.8%$221,500
    2022$5,600 +2.6%$221,500

    Find assessor info on the county website

    Neighborhood: 03867

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: William Allen School
    • Middle: Rochester Middle School
    • High: Spaulding High School
    • District: Rochester School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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