Central Falls Realty

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      Federal 30-year interest rate: 6.89% last updated on 2025-02-06

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      43-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 0386743-45 Congress Street Rochester NH 03867
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      • $699,900List Price
      • 0.21Acreage
      • 3,848Square Feet
      • 1801Year Built
      Listed by Nick Gray of Gray Property Group,LLC
      Large, fully-occupied 4-unit multifamily property near Downtown Rochester consisting of four spacious 2-bedroom, 1-bathroom units. This property has been significantly improved by the current owner, who has recently turned two of the apartments and increased rents across all four units. Income is terrific at $7,780/month ($1,945/unit/month) or ~$93K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity and the landlord pays for only water/sewer. The property's ~$65K/year in NOI makes this listing a 9.3% cap. The property provides four off-street parking spaces and ample street parking is available in the immediate vicinity. Owner is a real estate licensee.

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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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      Basic Information

      • StatusACT
      • List Price$699,900
      • Date Price Change01/20/2025
      • MLS Number5027162
      • MLS StatusActive

      Property

      • Acreage0.21
      • GarageNo
      • Parking Spaces
      • Lot DescriptionCity Lot
      • Square Feet3,848
      • APX Fin AG Sqft3,848
      • AreaNH-Strafford

      Amenities

      • PricePerSqFt181.89

      Location

      • TownRochester
      • StateNH
      • Zip03867
      • CountyStrafford
      • ZoningR2
      • Address43-45 Congress Street
      • Flood Zone Y/NNo

      Exterior

      • RoofShingle - Asphalt

      Utilities

      • Heat SystemElectric
      • ElectricCircuit Breaker(s)
      • SewerPublic
      • UtilitiesCable

      Other

      • Seasonal Y/NNo
      • Date Listed01/20/2025
      • Unit 1 Deposit$2,080
      • Unit 2 Rent Amount$2,000
      • Unit 3 Rent Amount$1,700
      • Unit 4 Rent amount$2,000

      Building

      • Year Built1801
      • Building ConstructionWood Frame, Vinyl Siding
      • Units4
      • Unit 1 Bath1
      • Unit 1 Bedrooms2
      • Unit 1 Floor LocationUnit 43-1
      • Unit 2 Bath1
      • Unit 2 Bedrooms2
      • Unit 2 Floor LocationUnit 43-2
      • Unit 3 Bath1
      • Unit 3 Bedrooms2
      • Unit 3 Floor LocationUnit 45-1
      • Unit 4 Floor LocationUnit 45-2
      • # of 2 Bedrooms4
      • BasementFull
      • FoundationBlock, Brick, Stone
      Broker Reciprocity 

      Copyright 2025 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 February 11, 2025 3:52 AM EST

       

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