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Active under contract
  • Listed by: RE/MAX Shoreline
    $490,000

    46-48 Lafayette Street, Rochester, NH 03867

    7beds
    3baths
    3,508sqft
    : 
    Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    Ample parkingNewer flooringUpdated windowsNewer metal roofStainless steel appliancesKitchens with granite countertopsGated for privacy
    Cash flow, upgrades, and awesome tenants—this three-unit property features a potential cap rate over 15%. Boasting large apartments totaling 3,508 square feet, there is also a top floor ready for a potential additional unit or expansion. Tour the units to experience updates throughout, including newer flooring, kitchens with granite countertops, stainless steel appliances, and in-unit washers and dryers that stay with the building. The bathrooms have also been refreshed with newer flooring, tubs, and vanities. The building itself is well-maintained, boasting a newer metal roof, some updated windows, and recent exterior doors and heating systems. Outside, tenants have ample parking. A detached garage with an automatic electric door and workshop sits on the property, which is gated for privacy. The seller appreciates the corner lot, separate utilities, and tenants with a strong rental history, all backed by full security deposits.Tenants enjoy being on a quiet street located close to city restaurants, convenient commutes, parks, schools and more. PRIVATE showings on Friday 4-6PM & Saturday 11-1PM & Monday 4-6PM
    35 days
    |
    204
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andy Yau,

    RE/MAX Shoreline 603-431-1111

    Source: PrimeMLS,MLS#: 5078812MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Other
      Features
      • Basement: Full,Walk-Out Access
      Interior area
      • Total structure area: 3,508
      • Total interior livable area: 3,508 sqft
      • Finished area above ground: 3,508
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved
      • Garage spaces: 1
      Features
      • Levels: 3
      Lot
      • Size: 6,534 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: RCHEM0124B0049L0000
      • Zoning description: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame
      • Foundation: Brick, Stone
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1901

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $356,200
      • Annual tax amount: $5,290
      • Date on market: 3/10/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/10/2026Listed for sale$490,000+227.7%$140/sqft
        Source: PrimeMLS #5078812 Report a problem
        5/21/2018Sold$149,533-3.5%$43/sqft
        Source: Public Record Report a problem
        10/10/2017Listing removed$154,900$44/sqft
        Source: Portsmouth #4655467 Report a problem
        10/2/2017Price change$154,900-3.1%$44/sqft
        Source: Portsmouth #4655467 Report a problem
        8/24/2017Listed for sale$159,900+99.9%$46/sqft
        Source: Keller Williams Coastal Realty #4655467 Report a problem
        1/23/2009Sold$80,000-66.2%$23/sqft
        Source: Public Record Report a problem
        2/6/2006Sold$237,000+264.6%$68/sqft
        Source: Public Record Report a problem
        10/28/1996Sold$65,000$19/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,290 +6.7%$356,200 +84.8%
        2023$4,960 +1.8%$192,700
        2022$4,871 +2.5%$192,700
        2021$4,750 +0.1%$192,700 -0.1%
        2020$4,747 -1.2%$192,900
        2019$4,803 +5.7%$192,900 +16.8%
        2018$4,546 +4.5%$165,200
        2017$4,350 -1.3%$165,200 +5.9%
        2016$4,409 +0.4%$156,000
        2015$4,391 +2.5%$156,000
        2014$4,285 -10.8%$156,000 -14.4%
        2013$4,805 +2.6%$182,300
        2012$4,681 +3.3%$182,300
        2011$4,532 +0.5%$182,300 -3.4%
        2010$4,510 +20.9%$188,800 +16.1%
        2009$3,730 -20.4%$162,600 -30.7%
        2008$4,688 -5.8%$234,500 -13.6%
        2006$4,979 $271,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,110/mo
        Principal & interest
        $2408
        Property taxes
        $702
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          Climate risks

          Neighborhood: 03867

          Getting around

          70 / 100
          Very Walkable

          Nearby schools

          GreatSchools rating

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