171 N Main St
rochester, NH 03867$875,000
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171 North Main Street, Rochester, NH
6-Unit Multifamily | Offered at $875,000 | Portfolio Option Available
Directly adjacent to 173 North Main, this 6-unit multifamily has a strong income profile and upside through continued unit turnover. Three units have been recently updated, while two more have value-add potential through rent increases or cosmetic improvements.
2024 Financials:
Total Operating Income: $98,906.42
Total Expenses: $31,469.43
Net Operating Income (NOI): $67,436.99
Cap Rate (at $900,000): 7.49%
Estimated Annual Cash Flow (at 25% down, 7% interest, 25-yr amortization): ~$21,511/year
Purchase individually or combine with 173 North Main for scale and ease of management.
Buyer and buyer agent do own due diligence. 48 hour notice required. Group staggered showings will be scheduled. Adjacent building per MLS: 455983 is also listed. Can be purchased together or separately.
Details
0.32 Private Acres Exterior Space
Investment
Built in 1881
MLS/Listing ID 5034451
6 Units
Listing Courtesy of FOUR POINTS REAL ESTATE, ANDREW BOSCO - 603-833-0951
Source of Data: PRIMEMLS