Save
Ask
Tour
Hide
Share
$549,999
19 Days Online

287-289 Milton Road
Rochester, NH 03867

For Sale|Multi-Family|Active
County:
Strafford
Listing courtesy of Andy Yau of RE/MAX Shoreline: ?
Call Now: (603) 249-6333
Is this the home for you? We can help make it yours.
(603) 249-6333
287-289 Milton Road287-289 Milton Road287-289 Milton Road287-289 Milton Road
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$549,999
Days Online 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,015 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.4 Acres
Year Built 
1970
MLS Number 
4955318
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Style 
CapeMulti-Family
Construction 
Wood Frame
Water 
Drilled Well
Sewer 
Private
Foundation 
Block
Interior Features
Water Heater 
Electric
Heating 
Hot Air
Heat Fuel 
Oil
Electric 
Circuit Breaker(s)
Cooling 
Other
Appliances 
Water Heater – Electric
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Open
Roof 
Shingle - Asphalt
Exterior 
Vinyl
Driveway 
Paved
Community Features
Roads 
PavedPublic
Schools
School District
Rochester
Elementary School
East Rochester School
Middle School
Rochester Middle School
High School
Spaulding High School
Listing courtesy of Andy Yau of RE/MAX Shoreline: ?



Copyright 2024, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-03-02 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share

WAIT! Before You Go...

real-estate-popup