52 Pickering Rd - Apartments FOR SALE


Rochester, NH 03839
$459,900 USD
603-431-1111
52 Pickering Rd, Rochester, NH for Sale
$459,900 USD
Apartments - FOR SALE
1/36
null | 13% Cap Rate

52 Pickering Rd
Rochester, NH 03839


OVERVIEW

Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for value-add, with a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Delayed private showings begin on Saturday, June 22 between 12 to 2PM.

FOR SALE DETAILS

PRICE

$459,900 USD

PRICE/SF

$174 USD /SF

# OF UNITS

3

PRICE/UNIT

$153,300

CAP RATE

13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

52 Pickering Rd, Rochester, NH

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1850

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

mixed

APN/PARCEL ID

RCHE-000138-000045-000001

ASK ABOUT THIS PROPERTY

Andy YauRe/Max ShorelineMore Info
603-431-1111

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Andy YauRe/Max ShorelineMore Info
603-431-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.