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34 Summer StreetRochester, NH 03867MLS Number 4875727

  • Price: $399,901The price has recently decreased
  • Est. Mortgage of $/month
  • 119 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.1% last updated on 2021-11-24

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Active with Contract
34 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 0386734 Summer Street Rochester NH 03867
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  • 3Bathrooms
  • 3,343Square Feet
  • 0.26Acreage
  • 1901Year Built
Appraised WAY OVER ASKING and back on the market due to financing. Look no further, this is what all the investors have been looking for. This triplex currently boasts an impressive 7.21% cap rate with potential well over a 10% cap rate. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city's multiple development projects. Unit 1 has been completely redone with a newer kitchen, bath, and flooring. This unit is equipped with stainless steel appliances, its own private 2nd floor porch, and it also maintains its wood trim moulding throughout. Head onto units 2,3 and experience their charm, with their stunning hardwood floors, spacious rooms, tin ceilings, and their wooden tray ceilings. Not just that, these units have the potential for an extra bedroom conversion, to produce higher income. Some of many improvements include a newer high efficiency, Buderus natural gas boiler, that saves you on your heating bills, and a newer roof. Tenants enjoy plenty of parking, washer/dryer in building, and being close to all amenities, including convenience stores, restaurants, schools, parks and more. Enjoy an oversized lot for downtown Rochester, a detached garage, and a shed outback. Delayed showings to begin at the open house on Saturday, November 6, 2021, between 11-1PM.
Listed by Andy Yau of RE/MAX Shoreline

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Basic Information

  • StatusActive With Contract
  • List Price$399,901
  • Date Price Change11/04/2021
  • MLS Number4875727
  • MLS StatusActive Under Contract

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - Natural
  • Heat SystemRadiator
  • UtilitiesOther
  • WaterPublic
  • Water HeaterGas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownRochester
  • StateNH
  • Zip03867
  • CountyStrafford
  • ZoningNMU
  • Flood Zone Y/NNo

Property

  • Acreage0.26
  • Parking Spaces1
  • Lot426
  • Square Feet3,343
  • APX Fin AG Sqft3,343
  • RoadsPublic
  • Lot DescriptionCity Lot, Corner, Level

Other

  • Taxes$6,605
  • Seasonal Y/NNo
  • Date Showings Begin2021-08-07
  • Unit 1 Deposit$1,250
  • Unit 2 Rent Amount$1,000
  • Unit 3 Rent Amount$1,200
  • View Count2

Building

  • Year Built1901
  • Building ConstructionWood Frame
  • StyleNew Englander
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 StyleGarden
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Locationtownhouse
  • Unit 3 Styletownhouse
  • Unit 3 Total Rooms6
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementBulkhead, Full, Unfinished, Interior Access
  • FoundationBrick, Stone
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 29, 2021.

 

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