Investors look no further for a triplex with a potential cap rate over 11%, and a perfect “brrrr” opportunity! This property boasts exceptional curb appeal, featuring pristine vinyl siding and newer vinyl trim wrap. Situated in a peaceful residential area, this property enjoys the company of neighboring single-family homes. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, with major projects like the ridge expansion and the Hoffman project, solidifying its position as the leading seacoast city for construction starts. Tour through the building and experience the charm of the one-level 3BR unit with its spacious bedrooms and living rooms. Tenants enjoy the outdoors on the porch area, and the added convenience of washer/dryer hookups. The top 1 bedroom unit has been recently renovated with stunning luxury vinyl flooring, new tile, new paint, a new bathroom and more. Enjoy plenty of updates including newer parts of the roof, and newer windows. Tenants and owners enjoy a nice backyard, plenty of parking, and separate utilities for low expenses. Property is located in an opportunity zone with additional tax benefits.
Closed
Listed by:
Andy Yau,
RE/MAX Shoreline 603-431-1111
$392,000
11 Cleveland Street, Rochester, NH 03867
5beds
3,342sqft
Multi Family
Built in 1921
-- sqft lot
$510,100 Zestimate®
$117/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 18, 2023 at 08:55pm
Listed by:
Andy Yau,
RE/MAX Shoreline 603-431-1111
Bought with:
Andy Yau
RE/MAX Shoreline
Source: PrimeMLS,MLS#: 4962098

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Cooling
- Other
Features
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 3,342
- Total interior livable area: 3,342 sqft
- Finished area above ground: 3,342
Property
Parking
- Total spaces: 2
- Parking features: Paved, Attached
- Garage spaces: 2
Features
- Levels: 2.5,Multi-Level
Lot
- Size: 7,405 sqft
- Features: Other
Details
- Parcel number: RCHEM0121B0246L0000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Vinyl Exterior
- Foundation: Brick/Mortar, Stone
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Rochester
Services availability

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