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  • Listed by: 

    Andrew Bosco,

    Four Points Real Estate 888-944-5827

    $950,000

    173 N Main Street, Rochester, NH 03867

    --beds
    --baths
    3,497sqft
    : 
    Multi Family
    Built in 1885
    -- sqft lot
    $920,800 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Three fully renovated units
    5-Unit Multifamily + 8-Bay Garage | Offered at $950,000 | Portfolio Option Available A standout investment in Rochester’s growing multifamily market. 173 North Main Street is a stabilized 5-unit property with strong current income and additional upside. The property features a rare 8-bay garage—perfect for added income or tenant use. Recent improvements include new egress stairs and three fully renovated units. The remaining two units offer value-add potential via rent increases or light updates. 2024 Financials: Total Operating Income: $97,607.39 Total Expenses: $31,469.43 Net Operating Income (NOI): $66,137.96 Cap Rate (at $950,000): 6.96% Estimated Annual Cash Flow (at 25% down, 7% interest, 25-yr amortization): ~$17,345/year Purchase as a standalone asset or part of a combined 11-unit portfolio with neighboring 171 North Main Street. Buyer and buyer agent do own due diligence. 48 hour notice required. Group staggered showings will be scheduled. Proof of funds required to schedule a tour. No seller financing. Adjacent building per MLS: 455966 is also listed. Can be purchased together or separately.
    24 days
    on Zillow
    |
    390
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 07:38am

    Listed by:

    Andrew Bosco,

    Four Points Real Estate 888-944-5827

    Source: PrimeMLS,MLS#: 5034453MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 173 N Main Street.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Heating
    • Oil
    Cooling
    • None
    Features
    • Basement: Concrete,Interior Entry
    Interior area
    • Total structure area: 3,497
    • Total interior livable area: 3,497 sqft
    • Finished area above ground: 3,497

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved
    • Garage spaces: 8
    Features
    • Levels: 3
    • Frontage length: Road frontage: 75
    Lot
    • Size: 0.37 Acres
    • Features: Near School(s)
    Details
    • Zoning description: DTC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    • Foundation: Brick/Mortar, Stone
    • Roof: Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None, Internet - Cable

    Community & HOA

    Location
    • Region: Rochester

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $355,900
    • Annual tax amount: $9,161
    • Date on market: 4/2/2025
    • Road surface type: Paved
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