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Multi-Family for Sale: 3-5 Academy Street, Rochester, NH 03867 SOLD

6 beds
3 full baths
2,700 sqft
$380,000
$380,000
3-5 Academy Street, Rochester, NH 03867 SOLD
6 beds
3 full baths
2,700 sqft
$380,000
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Selling Price: $380,000
Original List Price: $364,900
Sold at 104.1% of list price
Sold Date: 09/22/2023

Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 2,700 sqft
Lot Size 0.08 acres
Year Built 1923

City Rochester
County Strafford
School District Rochester School District

MLS 4962447
Status Closed
DOM 5 days
PENDING. 25+ showings in 48 hours necessitated an unforseen change in showing and offer timeline. This THREE UNIT apartment building is CONVENIENTLY located within easy walking distance of downtown Rochester and the Rochester Commons. The PERFECT location just off South Main Street. DESIRABLE for tenants who want to be near grocery and pharmacy shopping, banking, recreational parks, health care, and public transportation. All three units offer TWO BEDROOMS. The FIRST floor unit is rented month to month to a LONG TERM tenant, as is the THIRD floor unit, also month to month. With the SECOND floor unit just recently vacated, this provides MAXIMUM FLEXIBILITY for either a prospective owner occupant, or an investor. Each unit has a DEDICATED ENTRANCE and SEPARATE UTILITIES. Tenants pay ALL UTILITIES, with the sole exception of municipal water and sewer. Property also includes a brick TWO CAR GARAGE, which could be used for additional storage or income. If you’re thinking of OWNER OCCUPANCY, consider the fact you will OWN the building over time. Far better than continuing to rent, which does nothing to increase your net worth. Here’s your opportunity to BECOME AN OWNER AND LANDLORD. If you’re an INVESTOR, you know there is a severe housing unit shortage. Feel confident you’re buying into a HIGHLY RENTABLE LOCATION, with continued strong upward pressure on rental prices that shows no sign of a slowdown.

Lot & Building Features

Utilities Cable - Available, Telephone Available, Internet - Cable
Cooling None
Heat Source Gas - Natural, Oil
Heating Hot Air, Steam, Monitor Type
Sewer Public Sewer On-Site
Tax Year 2023
Basement Description Concrete, Unfinished, Full, Concrete Floor
Foundation Brick, Poured Concrete
Roof Shingle - Asphalt
Features Exterior Porch - Covered
Garage Yes

Community and Schools

Elementary School William Allen School
Junior High School Rochester Middle School
Senior High School Spaulding High School

Unit Features

Unit 1 Apx Sqft 1080
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included, Water Heater, Smoke Detector, Refrigerator, Range - Electric, Porch, Laundry Hookup, Heat - Natural Gas, Dishwasher, CO Detector, Ceiling Fan
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rental Amount 1050.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Month to Month
Unit 1 Style Entire 1st floor
Unit 1 Tenant Pays Electric, TV Service, Trash, Internet Service, Hot Water, Heat
Unit 2 Apx Sqft 1080
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Water Heater, Smoke Detector, Refrigerator, Porch, Laundry Hookup, Hot Water, Heat - Natural Gas, Dishwasher, Cooktop - Electric, CO Detector
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rental Amount 995.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Status Vacant
Unit 2 Style Entire 2nd floor
Unit 2 Tenant Pays Electric, TV Service, Trash, Internet Service, Hot Water, Heat
Unit 3 Apx Sqft 540
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Water Heater, Smoke Detector, Refrigerator, Heat - Oil, Cooktop - Electric, CO Detector
Unit 3 Lease Term Month to Month
Unit 3 Level Number 3
Unit 3 Rental Agreement No
Unit 3 Rental Amount 1025.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Style Entire 3rd floor
Unit 3 Tenant Pays Electric, TV Service, Trash, Internet Service, Hot Water, Heat

Price History of 3-5 Academy Street, Rochester, NH

Date Name Price Difference
07/22/2023 Listing Price $380,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3-5 Academy Street, Rochester, NH

Location Map Street View
Listed by WWW.FLATFEEMLS4FREE.COM, Paul Marino
Sold by RE/MAX Shoreline, Andy Yau
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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: WWW.FLATFEEMLS4FREE.COM

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 09/18/2024