Investors take notice of this one of a kind moneymaker that checks all your boxes with an unbelievable 9.24% cap rate with potential over 10.84%! This quadplex is approximately 4000 SF, is meticulously maintained and comes with river-front views of the Cocheco River. Enjoy an investment that has been completely de-leaded and certified by the state as lead safe. Tour through the building and experience updates throughout which include one unit being completely remodeled from the studs including a new kitchen, new bathroom, new walls, new flooring and more. As you walk into the unit, you’ll experience magnificent river/forest views right from your living room window. Kitchen’s come with stainless steel appliances and some units with washer/dryer’s in unit. Another unit with 3 BR’s has been recently remodeled with engineered LVP flooring, and new led lighting throughout. This unit has been left vacant for the perfect owner occupied buyer who wants to house hack with 3 other units paying their mortgage. Additionally, it has access to the top level which has potential for expansion for additional living space and additional income. Many other updates can be seen including a new roof, newer windows, easy vinyl siding, new house panel, new central AC system and newer heating systems. Thats not all, owners and tenants enjoy separate utilities, plenty of parking, a quiet neighborhood, and a convenience of location. Delayed showings until the open house on Sun Oct 23, from 11 to 1PM.
Closed
Listed by:
Andy Yau,
RE/MAX Shoreline 603-431-1111
Bought with: RE/MAX Synergy
Zestimate®
$831,600
9-11 Ela Court, Rochester, NH 03867
9beds
3,975sqft
Multi Family
Built in 1882
-- sqft lot
$831,600 Zestimate®
$209/sqft
$1,959 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 08, 2022 at 08:04am
Listed by:
Andy Yau,
RE/MAX Shoreline 603-431-1111
Bought with:
Scott Perdue
RE/MAX Synergy
Source: PrimeMLS,MLS#: 4934262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Hot Air
Cooling
- Central Air, Other
Appliances
- Included: Natural Gas Water Heater, Tank Water Heater
Features
- Basement: Partially Finished,Walk-Up Access
Interior area
- Total structure area: 5,781
- Total interior livable area: 3,975 sqft
- Finished area above ground: 3,975
- Finished area below ground: 0
Property
Parking
- Parking features: Paved
Features
- Levels: 3,Multi-Level
Lot
- Size: 0.51 Acres
- Features: City Lot, Landscaped
Details
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick, Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1882
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Rochester
Other
Other facts
- Road surface type: Paved