2 Myrtle Street, Rochester, NH - $324,700

2 Myrtle Street, Rochester, NH

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Price: $324,700 Status: Active
Taxes: $7,595 Lot Size 0.15

Comments:

Fantastic opportunity to own a unique multi family consisting of 10 units with the following breakdown. 8 Units are Rooming House Units sharing a communal kitchen and 2 bathrooms, one of the 8 units has a private bathroom. There are two additional units referred to as Congress Street which consist of a Studio apartment and then a 1 Bedroom Apartment. The two units on congress street pay some of their utilities. Where are the Rooming House units all utilities are included. This is a great opportunity to have a high yield property while learning how profitable a boarding house can be when taking over one that has been correctly management allowing for turnkey operation! Building has been well maintained with many updates with a CAP Rate of 16%. One or more members of the managing entity is a licensed NH Real Estate Salesperson and/or Broker. Showings start 6/29/2020.

Listed by Michael Whitney of Keller Williams Coastal Realty.

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Property Features

Property Information

MLS # 
4812670 
Property Type 
Commercial Sale 

Additional Features

Lot Desc 
 
Property Type 
Commercial Sale 
Road Frontage 
TBD 
Roof 
 
Roads 
 
Sq Ft Building 
4033 
Stories 
 
Baths 
 
Units 
10 
Water 
Public 
Water Access Desc 
 
Water Body 
 
Water Frontage 
 
Zoning 
R2 

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