**Continuing to Show - Actively Seeking Backup Offers** EXCELLENT CASH FLOW!! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.
Active under contract
Listed by:
Michelle Sullivan,
The Gove Group Real Estate, LLC 603-778-6400
$719,900
39 Chestnut Street, Rochester, NH 03867
8beds
4,001sqft
Est.:
Multi Family
Built in 1901
-- sqft lot
$715,300 Zestimate®
$180/sqft
$-- HOA
What's special
Detached garageHardwood floorsUpdated kitchensAmple off-street parkingCorner lot
- 30 days
- on Zillow |
- 365 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 06:02am
Listed by:
Michelle Sullivan,
The Gove Group Real Estate, LLC 603-778-6400
Source: PrimeMLS,MLS#: 5039089

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Electric, Gas Heater, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Tile, Vinyl
- Basement: Bulkhead,Partially Finished,Stairs - Interior,Interior Access,Interior Entry
Interior area
- Total structure area: 4,337
- Total interior livable area: 4,001 sqft
- Finished area above ground: 3,563
Property
Parking
- Total spaces: 1
- Parking features: Paved, Driveway, Off Street, On Street, Parking Spaces 1 - 10
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: 2.5
- Patio & porch: Porch - Enclosed
- Exterior features: Balcony
- Frontage length: Road frontage: 129
Lot
- Size: 0.29 Acres
- Features: City Lot, Corner Lot, Landscaped, Level, Sidewalks, Street Lights
Details
- Additional structures: Shed(s)
- Parcel number: RCHEM0121B0097L0000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Shingle - Architectural
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, High Speed Intrnt -Avail
Community & HOA
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $290,000
- Annual tax amount: $6,893
- Date on market: 5/2/2025
- Road surface type: Paved
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