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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
38
Photos
4
beds
2
baths
3,015
sqft
Built in
1970
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.
Features & Amenities
Interior
- Appliances:
- Water Heater - Electric
- Basement:
- Full,Unfinished,Walkout
- A/C:
- Other
- Heating:
- Hot Air, Oil
Construction
- Roofing:
- Shingle - Asphalt
- General:
- 2, Block
Location
- Road/Access:
- Paved,Public
- School District:
- Rochester
- County:
- NH-Strafford
Lot
- Driveway:
- Paved
- Zoning:
- HC
Utilities
- Utilities:
- Phone,Cable - Available
- Sewer:
- Private
This listing courtesy of:
RE/MAX Shoreline, Andy Yau
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Rochester, NH
Housing
- Number of Units
- 14,946
- Median Home Value
- $186,312
- Median Rent
- $891
34.21% of housing units are renter occupied.
5.01% are vacant.
Commute
- Car
-
74.88%
- Public Transportation
-
1.55%
- Walk to Work
-
0.64%
- Work from Home
-
21.63%
- Other
-
0.93%
The median travel time to work is 23 minutes.
People
- Population
- 33,331
- Median Age
- 43.00
- Median Household Size
- 2.54
Education
- High School
-
36.87%
- Associate’s Degree
-
12.52%
- Bachelor’s Degree
-
15.35%
- Graduate Degree
-
5.21%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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