Work completed and 2 units recently vacant. Easy transfer and very low operating costs for this rare Stratham multi-family property on 1.1 acres in a magnificent location! Three ground floor, single-level units give a wonderful opportunity for investment or to owner-occupy with additional income. Being serviced by well and septic, along with utilities being electric, this multi-unit sees very low operating costs and great cap rate potential. There is plenty of outdoor space to enjoy, and a large driveway provides tenants and guests with ample parking. Take in views at the small park along the Squamscott River at the end of the road, or take advantage of the convenient location for travel to the surrounding seacoast area and beyond.
Closed
Listed by:
Ryan Pettigrew,
KW Coastal and Lakes & Mountains Realty 603-610-8500
Bought with: Chinburg Management, LLC
$545,000
61 River Road, Stratham, NH 03885
4beds
1,624sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$336/sqft
$3,554 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,554/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 05, 2024 at 11:00am
Listed by:
Ryan Pettigrew,
KW Coastal and Lakes & Mountains Realty 603-610-8500
Bought with:
Sean Murphy
Chinburg Management, LLC
Source: PrimeMLS,MLS#: 4982551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Hardwood, Vinyl Plank
- Has basement: No
Interior area
- Total structure area: 1,705
- Total interior livable area: 1,624 sqft
- Finished area above ground: 1,624
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Driveway, Parking Spaces 5 - 10
- Has uncovered spaces: Yes
Features
- Levels: One
- Exterior features: Shed
- Fencing: Partial
- Frontage length: Road frontage: 213
Lot
- Size: 1.10 Acres
- Features: Level, Near Shopping, Neighborhood, Near Hospital
Details
- Parcel number: STRHM00008B000030L000000
- Zoning description: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete Slab
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: 1000 Gallon, Septic Tank
- Water: Drilled Well
- Utilities for property: Cable, Phone
Community & neighborhood
Location
- Region: Stratham
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2024 | Sold | $545,000-2.7%$336/sqft |
Source:  PrimeMLS #4982551 | ||
| 1/22/2024 | Contingent | $559,900$345/sqft |
Source: PrimeMLS #4982551 | ||
| 1/17/2024 | Listed for sale | $559,900-6.7%$345/sqft |
Source: PrimeMLS #4982551 | ||
| 10/10/2023 | Listing removed | -- |
Source: PrimeMLS #4966273 | ||
| 9/7/2023 | Listed for sale | $599,900$369/sqft |
Source: PrimeMLS #4966273 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,561 +2.7% | $576,300 +63.7% |
| 2023 | $7,362 +11.7% | $352,100 |
| 2022 | $6,588 -1.3% | $352,100 |
Find assessor info on the county website
Neighborhood: 03885
Nearby schools
GreatSchools rating
- 7/10Stratham Memorial SchoolGrades: PK-5Distance: 3.1 mi
- 7/10Cooperative Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10Exeter High SchoolGrades: 9-12Distance: 3.4 mi
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