52 Pickering Rd, Rochester, NH | 52 Pickering Rd
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52 Pickering Rd, Rochester, NH 52 Pickering Rd
3 Unit Block of Flats £360,240 (£120,080/Unit) 13% Net Initial Yield Rochester, NH 03839
Executive Summary
Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for value-add, with a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Delayed private showings begin on Saturday, June 22 between 12 to 2PM.
Property Facts
| Price | £360,240 | Apartment Style | Townhome |
| Price Per Unit | £120,080 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.54 AC |
| Net Initial Yield | 13% | Building Size | 2,644 SF |
| No. Units | 3 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1850 |
| Property Subtype | Apartment |
| Price | £360,240 |
| Price Per Unit | £120,080 |
| Sale Type | Investment |
| Net Initial Yield | 13% |
| No. Units | 3 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 2,644 SF |
| Number of Floors | 2 |
| Year Built | 1850 |
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zoning
| Zoning Code | mixed (mixed) |
| mixed (mixed) |
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52 Pickering Rd, Rochester, NH | 52 Pickering Rd
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