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  • Listed by: RE/MAX Shoreline
    Bought with: RE/MAX Shoreline
    $500,000

    46-48 Lafayette Street, Rochester, NH 03867

    7beds
    3baths
    3,508sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $502,100 Zestimate®
    $143/sqft
    $1,856 Estimated rent

    Home value

    $502,100

    $467,000 - $542,000

    $1,856/mo

    Zestimate® history
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    What's special

    Cash flow, upgrades, and awesome tenants—this three-unit property features a potential cap rate over 15%. Boasting large apartments totaling 3,508 square feet, there is also a top floor ready for a potential additional unit or expansion. Tour the units to experience updates throughout, including newer flooring, kitchens with granite countertops, stainless steel appliances, and in-unit washers and dryers that stay with the building. The bathrooms have also been refreshed with newer flooring, tubs, and vanities. The building itself is well-maintained, boasting a newer metal roof, some updated windows, and recent exterior doors and heating systems. Outside, tenants have ample parking. A detached garage with an automatic electric door and workshop sits on the property, which is gated for privacy. The seller appreciates the corner lot, separate utilities, and tenants with a strong rental history, all backed by full security deposits.Tenants enjoy being on a quiet street located close to city restaurants, convenient commutes, parks, schools and more. PRIVATE showings on Friday 4-6PM & Saturday 11-1PM & Monday 4-6PM

    Zillow last checked:

    Listing updated:

    Listed by:

    Andy Yau,

    RE/MAX Shoreline 603-431-1111

    Bought with:

    Andy Yau

    RE/MAX Shoreline

    Source: PrimeMLS,MLS#: 5078812MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Other
    Features
    • Basement: Full,Walk-Out Access
    Interior area
    • Total structure area: 3,508
    • Total interior livable area: 3,508 sqft
    • Finished area above ground: 3,508
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved
    • Garage spaces: 1
    Features
    • Levels: 3
    Lot
    • Size: 6,534 sqft
    • Features: Corner Lot
    Details
    • Parcel number: RCHEM0124B0049L0000
    • Zoning description: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Brick, Stone
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1901

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Rochester

    Price history

    DateEventPrice
    4/21/2026Sold$500,000+2%$143/sqft
    Source: PrimeMLS #5078812 Report a problem
    3/10/2026Listed for sale$490,000+227.7%$140/sqft
    Source: PrimeMLS #5078812 Report a problem
    5/21/2018Sold$149,533-3.5%$43/sqft
    Source: Public Record Report a problem
    10/10/2017Listing removed$154,900$44/sqft
    Source: Portsmouth #4655467 Report a problem
    10/2/2017Price change$154,900-3.1%$44/sqft
    Source: Portsmouth #4655467 Report a problem
    8/24/2017Listed for sale$159,900+99.9%$46/sqft
    Source: Keller Williams Coastal Realty #4655467 Report a problem
    1/23/2009Sold$80,000-66.2%$23/sqft
    Source: Public Record Report a problem
    2/6/2006Sold$237,000+264.6%$68/sqft
    Source: Public Record Report a problem
    10/28/1996Sold$65,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,290 +6.7%$356,200 +84.8%
    2023$4,960 +1.8%$192,700
    2022$4,871 +2.5%$192,700
    2021$4,750 +0.1%$192,700 -0.1%
    2020$4,747 -1.2%$192,900
    2019$4,803 +5.7%$192,900 +16.8%
    2018$4,546 +4.5%$165,200
    2017$4,350 -1.3%$165,200 +5.9%
    2016$4,409 +0.4%$156,000
    2015$4,391 +2.5%$156,000
    2014$4,285 -10.8%$156,000 -14.4%
    2013$4,805 +2.6%$182,300
    2012$4,681 +3.3%$182,300
    2011$4,532 +0.5%$182,300 -3.4%
    2010$4,510 +20.9%$188,800 +16.1%
    2009$3,730 -20.4%$162,600 -30.7%
    2008$4,688 -5.8%$234,500 -13.6%
    2006$4,979 $271,500

    Find assessor info on the county website

    Neighborhood: 03867

    Nearby schools

    GreatSchools rating
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