Property Details
Basic Information
- Property Type: Commercial Sale
- MLS Number: 5086212
- List Price: $2,300,000
- Date Listed: 04/30/2026
- Virtual Tour: Virtual Tour
- Description: Positioned in one of New Hampshire's fastest-growing, high-demand rental markets, this institutional-quality 9-unit mixed-use asset delivers a true turnkey, cash-flowing investment opportunity with strong in-place income and zero deferred maintenance. Built with a no expense spared approach, this property stands out as a premium, low-maintenance asset designed for long-term performance. Features include elevator access, secure entry with video surveillance, and on-site coin-operated laundry, all enhancing tenant retention and operational efficiency. The unit mix consists of eight well-appointed residential apartments plus one street-level retail/office space, providing diversified income streams and additional upside potential. Each unit is outfitted with high-efficiency Carrier heat pumps (tenant-paid utilities)-a major advantage for investors seeking reduced operating expenses and improved NOI stability. Construction quality is exceptional, featuring: Eagle windows for superior energy efficiency, private balconies on upper-level units (premium rent potential), double offset 2x6 wall construction for sound insulation and tenant satisfaction. The property is fully stabilized with strong-performing tenants, generating approximately $120,000 in net annual income at a + 5.2% cap rate, with potential for future rent growth. Additional highlights: Ample off-street parking (high tenant demand driver), prime urban location supporting consistent occupancy, minimal landlord responsibilities with tenant-paid utilities. This is a rare opportunity to acquire a high-quality, income-producing asset without the risks, delays, or capital requirements of ground-up development. Ideal for cash investors seeking stable returns, passive income, and long-term appreciation in a tax-advantaged state.
Building
- Acreage: 0.3
- Square Feet: 10,148
- Year Built: 2011
- Zoning: R-40
- Roof: Membrane
- Foundation: Slab w/ Frost Wall
Location
- County: Strafford
- Town: Rochester
Finance
- Taxes: $24,106
Interior Features
Basement
- Basement: None
Community
Amenities
- Accessibility Amenities: 3 Ft. Doors, Access to Parking, Access to Restroom(s), Bathroom w/5 Ft. Diameter, Grab Bars in Bathroom, Hard Surface Flooring, Kitchenette w/5 Ft. Diam, Low Pile Carpet, Low Pressure Door Opening, No Stairs from Parking, Paved Parking, Zero-Step Entry Ramp