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Residential Income at 11 Cleveland Street, Rochester
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$590,000

11 Cleveland Street
Rochester, NH 03867
Listed by Andy Yau · RE/MAX Shoreline
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1921

About this home

Investors look no further for a triplex with a current cap rate of 8.15% and upside potential to 10.28%. This property boasts exceptional curb appeal, featuring pristine vinyl siding and newer vinyl trim wrap. Situated in a quiet residential neighborhood surrounded by single-family homes, this is a rare find in today’s multifamily market. Tour through the building and experience the recent updates in one of the two-bedroom units, featuring a new kitchen with stainless steel appliances, a new bathroom with vanity, and new flooring throughout. Also experience the character of the one-level 3BR unit with its spacious bedrooms and living rooms. Tenants enjoy the outdoors on the porch area, and the added convenience of washer/dryer hookups. The top 1 bedroom unit has been well maintained with luxury vinyl flooring , newer tile, and an updated bathroom and more. Enjoy plenty of updates including newer parts of the roof, and newer windows. Tenants and owners enjoy a nice backyard, plenty of parking, garage, and separate utilities for low expenses. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, solidifying its position as the leading seacoast city for construction starts. PRIVATE showings Friday 4-6PM and Saturday 1-3PM.

Property details

MLS #
5100689
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
19
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
2
Parking spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Maple Street Magnet School
0.14 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
0.67 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
Spaulding High School
0.82 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
1,326
Student:teacher ratio
12.4:1
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).

58
Somewhat walkable
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Nearby-amenity density
90 / 100
Restaurants & cafes20
Grocery stores3
Parks2
Schools4
Transit stops19
Pharmacies4

Market position

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

On the market 19 days -- 83 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.

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Est. monthly payment
$3,703/mo
$118,000 down
$472,000 loan
Principal & interest$3,061
Property tax (est.)$492
Home insurance (est.)$150

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