287 Milton
Rochester, NH 03867
- 4 beds
- 2 baths
- 3,015 sqft
- ~1 acre lot
- $182 per sqft
- 1970 build
- – on site
Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC.
Listing courtesy of PRIME_MLS / Andy Yau / RE/MAX Shoreline
Last checked:
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Last updated Jan 26, 2024
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MLS# 4955127 —
Monthly cost estimate
Asking price
$549,999
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | N/A |
Insurance | $151 |
Utilities | $483 See report |
Total | $3,579/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/3/23
Jul 3, 2023
|
Listed / Active | PRIME_MLS | $549,999 | |
6/26/23
Jun 26, 2023
|
Sold Subject To Contingencies | PRIME_MLS | $549,999 | |
6/14/23
Jun 14, 2023
|
Price Changed | PRIME_MLS | $549,999 | 0.0% |