Listed By:
Andy Yau with RE/MAX Shoreline;
32 Mill Street, Rochester, NH
$ 899,900
Property Attributes
  • MLS#4974388
  • TypeMulti-Family
  • CityRochester
  • AreaStrafford
  • NeighborhoodSalmon Falls River
  • Zip03867
  • StyleMulti-Family,New Englander
  • Price$ 899,900
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4528
  • Lot Size1.62 Acres
Data Source:
Property Description

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 9.6%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

Price History
10/17/2023 Listed $899,900

General Features

Road Frontage TBD
Sewer Public
Construction Wood Frame
Heating Gas Heater,Steam
Cooling Other
Utilities Cable - Available
Roof Shingle
Water Public
Water Heater Electric
Garage Yes
Flood Zone No
Zoning r2
Status Active
Year Built 1882
Electric 100 Amp,200 Amp
Style Multi-Family,New Englander
Stories 2.5
Construction Status Existing
Block 0018
Area NH-Strafford
Seasonal No
Price Per Sq Ft 198.74

Interior Features

Basement Description Stairs - Interior,Walkout,Interior Access
Basement Yes
Heating Fuel Gas - Natural
Total Number of Units 4
Unit 4 Bedrooms 1
Unit 1 Bedrooms 3
Unit 3 Bedrooms 1
Unit 2 Bedrooms 3
Total 3+ BR Units 2
Total 1 BR Units 2
SqFt-Apx Fin Above Grade 4528
SqFt-Apx Total Finished 4528
SqFt-Apx Total 4528
Basement Access Type Walkout

Exterior Features

Lot Description Corner,Landscaped,Sidewalks
Exterior Vinyl
Foundation Brick,Stone
Garage Type Attached
Driveway Paved
Roads Paved,Public
Lot Size Area 1.62
Garage Capacity 2
Water Body Name Salmon Falls River
Lot 0000
Water Body Type River
Water Body Access Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 03867

Statistics provided by Inside Real Estate

AVG $520K
AVG 99
Data Provided by Inside Real Estate®
Year Built
AVG 1915

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