Listed By: Andy Yau, RE/MAX Shoreline

32 Mill St, Rochester, New Hampshire

$899,900

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4,528

Square feet

1.62

Acres

About 32 Mill St

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 9.6%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

Features of 32 Mill St

MLS® # 4974388
Price $899,900
Bathrooms 0.00
Square Footage 4,528
Acres 1.62
Year Built 1882
Type Multi-Family
Status Active

Community Information

Address 32 Mill St
Area Rochester
City Rochester
County Strafford
State New Hampshire
Zip Code 03867

Amenities

Utilities Cable - Available
Parking Attached
Is Waterfront No
Waterfront River
Has Pool No

Interior

Heating Gas Heater, Steam
Cooling Other
Fireplace No
# of Stories 3
Stories 2.5

Exterior

Roof Shingle
Foundation Brick, Stone
Waterfront Name SalmonFall

Additional Information

Date Listed October 17th, 2023
Days on Market 184
Zoning r2

Listing Details

AgentAndy Yau
OfficeRE/MAX Shoreline

Listing Map

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