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  • Listed by: 

    Michelle Sullivan,

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

    $675,000

    39 Chestnut Street, Rochester, NH 03867

    8beds
    4,001sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $675,200 Zestimate®
    $169/sqft
    $2,071 Estimated rent

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 10:50am

    Listed by:

    Michelle Sullivan,

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

    Bought with:

    Heather Williams

    Beach Homes Realty

    Source: PrimeMLS,MLS#: 5039089MLS Logo

    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
    Services availability
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