2 Myrtle Street, Rochester, NH - 10Units - $324,700

2 Myrtle Street, Rochester, NH

   Photo 1 of 11   
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.

Listed by Michael Whitney of Keller Williams Coastal Realty.

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Property Features

Property Information

MLS # 
4814486 
Number of Units 
10 

Additional Features

Basement 
Yes 
Baths 
 
BedsTot 
 
Electric 
Circuit Breaker(s) 
Exterior 
Vinyl 
Exterior Features 
 
Finished Sq Ft 
4033 
Footprint 
 
Foundation 
Brick 
Garage 
No 
Heat/Fuel 
Gas - Natural 
House Color 
 
Road Frontage 
TBD 
Roads 
Public 
Roof 
Shingle - Asphalt 
Sewer 
Public 
Total Rooms 
 
Total Units 
10 

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