Closed

Listed by:

Michelle Sullivan,

The Gove Group Real Estate, LLC 603-778-6400

Bought with: Beach Homes Realty

$675,000

39 Chestnut Street, Rochester, NH 03867

8beds

4,001sqft

Multi Family

Built in 1901

-- sqft lot

$696,800 Zestimate^®

$169/sqft

$1,814 Estimated rent

Home value

$696,800

$606,000 - $808,000

$1,814/mo

Zestimate^® history

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$1,814/mo

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$1,814/mo

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$3,821/mo

Est. payment

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$3,821/mo

Est. payment

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What's special

**Continuing to Show - Actively Seeking Backup Offers** EXCELLENT CASH FLOW!! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% 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, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Baseboard, Electric, Gas Heater, Hot Water

Cooling

None

Appliances

Included: Natural Gas Water Heater

Features

Flooring: Carpet, Hardwood, Tile, Vinyl
Basement: Bulkhead,Partially Finished,Interior Stairs,Interior Access,Interior Entry

Interior area

Total structure area: 4,337
Total interior livable area: 4,001 sqft
Finished area above ground: 3,563
Finished area below ground: 438

Property

Parking

Total spaces: 1
Parking features: Paved, Driveway, Off Street, On Street, Parking Spaces 1 - 10
Garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: 2.5
Patio & porch: Enclosed Porch
Exterior features: Balcony, Shed
Frontage length: Road frontage: 129

Lot

Size: 0.29 Acres
Features: City Lot, Corner Lot, Landscaped, Level, Sidewalks, Street Lights

Details

Parcel number: RCHEM0121B0097L0000
Zoning description: R2

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Stone
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1901

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Gas On-Site

Community & neighborhood

Location

Region: Rochester

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
7/18/2025	Sold	$675,000-6.2%$169/sqft
Source: PrimeMLS #5039089 Report a problem
5/2/2025	Listed for sale	$719,900$180/sqft
Source: PrimeMLS #5039089 Report a problem
10/29/2024	Listing removed	$719,900$180/sqft
Source: PrimeMLS #5018215 Report a problem
10/10/2024	Listed for sale	$719,900+38.4%$180/sqft
Source: PrimeMLS #5018215 Report a problem
12/30/2022	Sold	$520,000-7.1%$130/sqft
Source: PrimeMLS #4930362 Report a problem