Central Falls Realty

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      Federal 30-year interest rate: 6.77% last updated on 2024-07-18

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      287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867287-289 Milton Road Rochester NH 03867
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      • $549,999List Price
      • 1.4Acreage
      • 3,015Square Feet
      • 1970Year Built
      Listed by Andy Yau of RE/MAX Shoreline
      Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you'll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC.

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      Central Falls Realty

      Your Local Office

      Central Falls Realty
      242 Central Avenue
      Dover NH, 03820

      Office: 603-742-2121

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      More Info

      Basic Information

      • StatusActive With Contract
      • List Price$549,999
      • Date Price Change06/14/2023
      • MLS Number4955318
      • MLS StatusActive Under Contract

      Property

      • Acreage1.4
      • Parking Spaces
      • Square Feet3,015
      • APX Fin AG Sqft3,015
      • Road Frontage620
      • RoadsPaved, Public

      Amenities

      • PricePerSqFt182.42

      Location

      • TownRochester
      • StateNH
      • Zip03867
      • CountyStrafford
      • ZoningHC
      • Elementary SchoolEast Rochester School
      • Junior HighRochester Middle School
      • High SchoolSpaulding High School
      • Flood Zone Y/NNo

      Exterior

      • RoofShingle - Asphalt

      Utilities

      • Heat FuelOil
      • Heat SystemHot Air
      • ElectricCircuit Breaker(s)
      • SewerPrivate
      • UtilitiesCable - Available, Phone

      Building

      • Year Built1970
      • Units2
      • Unit 1 Bath1
      • Unit 1 Bedrooms4
      • Unit 1 Floor Location1 & 2
      • Unit 1 Total Rooms7
      • Unit 2 Bath1
      • Unit 2 StyleCommercial Building
      • Unit 2 Total Rooms5
      • # of 3+ Bedrooms2
      • BasementFull, Unfinished, Walkout
      • FoundationBlock

      Other

      • Seasonal Y/NNo
      • Date Listed06/01/2023
      • Unit 1 Deposit$2,500
      • Unit 2 Rent Amount$2,000
      • View Count37
      Broker Reciprocity 

      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 July 19, 2024 4:38 AM EDT

       

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