287 Milton Rd # 289, Rochester, NH 03867 Homes for Sale

For Sale

$549,999

• 4 beds
• 2 baths
• 3015 Sq Ft

287 Milton Rd # 289,
Rochester, NH, 03867

Strafford

Want to view owner information?

View Report

Overview

Listing Status Active Und

MLS 4955318

Property Type

Other

Year built

1970

Total rooms

4

Lot size

1.4 Acres

Time on NeighborWho

367 days

Stories

-

Price per Sq Ft

$182

Parking

0e0 car garage

Basement

-

About 287 Milton Rd # 289, Rochester, NH

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. Read more

To connect right away call (603) 969-6216

Or send an email

Copyright Disclaimer: Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.