Courtesy Of Andy Yau Of Re/Max Shoreline

51 Summer St

Rochester, NH 03867 View Map $451,000 Ask a Question
Baths43/4
Sq.Ft.4,079
Year1901
51 Summer St Rochester, NH 03867 | MLS 4843863 Photo 1
51 Summer St Rochester, NH 03867 | MLS 4843863 Map
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Bean Group

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Status: Sold
Property Type:Multi-Family
MLS #:4843863
Sq. Feet:4,079
Date Sold:2/24/2021
Lot Size:8,276 Sq. Ft.
County:Strafford
First time homebuyers and investors take notice! Look no further, this stunning investment with beautiful victorian craftsmanship, is the one everyone has been looking for. The owner takes pride and glory in his building and has updated the building throughout with a new roof, new heating systems, porch/decks, doors, lifetime warranty windows and more! With over 4000 finished SF, this building includes three-one bedroom units, a townhouse style 3 bedroom unit, and also an illegal unit used for storage. Tour through the units, and experience the units large spacious rooms, nice hardwood floors and custom kitchen cabinets. Tenants enjoy 8+ parking spaces, a large spacious backyard, and also their own individual washer/dryer! Not just a stunner, but it is also a cash maker with potential over a 10% cap rate! That is not all, units have separate utilities and the location is excellent, as tenants are located in the heart of downtown and are only steps away from restaurants, convenience stores, post office, major routes and more. Private delayed showings begin on Saturday January 16, from 1:00 to 3:00. Agents see non-public remarks.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/26/2021$449,900$451,0000.2%

Community Information

Address:51 Summer St Rochester, NH 03867
County:Strafford
City:Rochester
Zip Code:03867

School Information

School System:Rochester School District
High School:Spaulding High School
Middle School:Rochester Middle School
Elementary School:Chamberlain Street School

Architecture

Bathrooms: 4 Three-Quarter
Year Built:1901
Stories:2
Style:Multi-Family
Construction: Wood Frame
Exterior: Vinyl
Total Heat Units: 4
Unit 1: 1 bed, 1, bath, style Garden. Rent: $1025 (paidMonthly). Status: Month to Month
Unit 2: 3 beds, 1, bath, level 1, 2, style Townhouse. Rent: $14 (paidMonthly)
Unit 3: 1 bed, 1, bath, style Garden. Rent: $85 (paidMonthly). Status: Month to Month
Unit 4: 1 bed, 1, bath, style Garden. Rent: $95. Status: Month to Month
Roof: Shingle - Asphalt
Foundation: Block, Concrete, Granite, Stone
Basement: Dirt

Features / Amenities

Flooring: Hardwood
Parking: Parking Spaces 5 - 10
Heating: Baseboard
Heat Fuel: Gas - Natural, Oil
Water Heater: Electric, Off Boiler

Square Footage

Finished Sq. Ft.
Above Grade 4079
Below Grade 0
Total 4079

Property Features

Lot Size: 0.19 Acres / 8,276 Sq. Ft.
Lot Description: Level
Area Description: Commercial Zoning, In Town, Near Hospital, Near Paths, Near Public Transportatn, Near Railroad, Near Shopping, Neighborhood, Office Park
Lot: 0069
Utilities: Cable
Water: Public
Sewer: Public
Electric: 100 Amp, 220 Volt, Circuit Breaker(s)
Trash: Municipal
Driveway: Paved
Roads: Public
Zoning:R2

Tax and Financial Info

Tax - Gross Amount: $7,580
Tax Year: 2020
Gross Income: $50,700
Net Income: $36,769
Operating Expense: $13,931

Schools

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Listing provided courtesy of Andy Yau, RE/MAX Shoreline.