$599,900

About this home

INVESTORS & FLIPPERS TAKE NOTICE!!! Looking for your next project with a path to a solid return? This 3-unit multi-family is ripe with opportunity. Generating 66,000 in 2025 annual gross income, this property is situated on a .17-acre lot and features a 3-bedroom, 1-bathroom layout for each unit, with an updated roof from 2016. The building is in need of repair work, making it best suited for someone prepared to manage a fixer project. All units are metered separately, and each has its own dedicated heating system. Tenants pay for their own heat, hot water, and electricity, while the landlord covers municipal water and sewer expenses. Outside you'll find dedicated parking spaces on both sides of the building, alongside a detached 2-bay garage used currently for renter's storage or to be used as a value lever for additional income. Located within close proximity to downtown Rochester and shopping, renters enjoy easy access to local amenities, while still remaining close to both the Seacoast and neighboring Maine. Your chance to build long term stability is here. Schedule a private tour and take the next step toward building cashflow and quick equity. Property is being sold AS-IS.

Property details

MLS #

5103931

Property type

Residential Income

Subdivision

N/A

Status

Active

Days on market

5

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

0.17 acres

Nearby schools

Within 10 miles · public school directory data (NCES)