Residential Income at 80 Chestnut Hill Road, Rochester
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$375,000

80 Chestnut Hill Road
Rochester, NH 03867
Listed by Orion T Moquin · REAL Broker NH, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

If you've ever done the math on what you hand a landlord every month for your shop, then paid a mortgage on top of that, this one is going to get your attention. 80 Chestnut Hill Road is one of the only buildings in Rochester where you can run your business and live on the same lot, legally. It's zoned Neighborhood Mixed Use, and that zoning does the heavy lifting. The commercial side, about 1,400 square feet of open, street-facing space, can be a hair salon, a professional office, a cafe or a sit-down restaurant, a boutique, an antique shop, a florist, or an artist's studio, all by right. It's been a TV repair shop for more than twenty years, so the corner is already a known stop. Out front is something special for any business: an oversized, grandfathered sign right at the street. Your name goes where the whole road can see it. The other side is a 2-bedroom apartment, already rented to long-term tenants, so there's income from day one. Run your business up front and live next door, a twenty-foot commute, or keep both sides rented and let them carry the place. The location, the parking, the income, and that zoning are the parts you can't add later. The inside is ready for your style. You're on Chestnut Hill Road between downtown Rochester and The Ridge, with quick access to Routes 16, 11, and 125. Built in 1920, with an attached carport, paved parking out front, and a deep lot behind it. Buildings that pay you two ways and put your name on the street don't come up often at $375,000. Some uses are by right and others need town approval; confirm your plan with the City of Rochester. Buyer to do own due diligence.

Property details

MLS #
5093470
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
65
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.4 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Maple Street Magnet School
1.13 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
114
Student:teacher ratio
16.3:1
District
Rochester School District
Middle
Rochester Middle School
1.88 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
874
Student:teacher ratio
11.1:1
District
Rochester School District
High
Bud Carlson Academy
0.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
70
Student:teacher ratio
14.0:1
District
Rochester School District

Walkability

Blended score for Rochester's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Nearby-amenity density
90 / 100
Restaurants & cafes20
Grocery stores3
Parks2
Schools5
Transit stops17
Pharmacies3

Market position

How this listing compares to current activity in Rochester, from live MLS data.

On the market 65 days -- 37 fewer days than Rochester's current average of 102 days.
For reference, the median list price across 183 active listings in Rochester right now is $349,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,408/mo
$75,000 down
$300,000 loan
Principal & interest$1,946
Property tax (est.)$313
Home insurance (est.)$150

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