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27 River St

Rochester NH 03867

16
8
1
13687 sq. ft.
20473 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

27 River Street contains seven (7) 2+Bedroom/1-Bathroom units and one (1) 2+Bedroom/1.5-Bathroom unit with 7,106 square feet of gross living area in 13,687 square feet of gross area. The Property is situated upon a 0.47-acre parcel. The four (4) unit property at 27 River Street is enhanced by three (3) individual cottages at 1-3 Dow Court, as well as a single-family home at 31 River Street. 27 River Street is well situated near downtown Rochester, with quick access to the Spaulding Turnpike for convenient regional connectivity across New Hampshire and into southern Maine. The Property is situated in an emerging market that is just off the Maine border and a short ride from the prime locations of Portsmouth, NH and Kittery, ME. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. All utilities are separately metered and paid for by the tenants. Landlord is responsible for common area electric in 27 River Street, the street light in the parking lot, and public water & sewer.

Features

16 bedrooms
8 bathrooms
1 carspace
1 garage space
13687 sq. ft. floor area
20473 sq. ft. lot size
Multi-Family

Property history for 27 River St

2022
Sold
Undisclosed
30 Nov 2022
2018
Sold
$550,000
24 Dec 2018 by Joseph Tanner, of Coldwell Banker Realty Portsmouth NH
2005
Sold
27 Jun 2005

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Local market activity for 16 bedroom multi families in Rochester

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