New HampshireRochester5258 Pickering Road

5258 Pickering Road
Rochester, NH 03867

$859,900
For Sale
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Tools
Open House
Size
8
Bedrooms
6
Full Baths
5,014 Sq Ft.
Interior
.34 Acres
Exterior
Financial
$171
Price / Sq. Ft.
Listing Details
Multi Family
Property Type
1900
Year Built
12121422
Web Id
5001261
MLS ID
93
Days Posted

Description

5258 Pickering Road, Rochester, NH 03867

Discover the ideal 6-unit portfolio investment, comprising two separate, sought-after buildings in Gonic, Rochester, with breathtaking Cocheco River views. This exceptional value-add opportunity offers a potential cap rate exceeding 13%. Both buildings feature sharp siding and newer roofs, enhancing their impressive curb appeal. Tenants enjoy direct Cocheco River frontage from their expansive backyard, with 180-degree views from their units. They can conveniently canoe and fish right from their property. The buildings are well-maintained by tenants who take pride in their living spaces. Step inside the units to experience their unique charm, featuring beautiful hardwood floors, tin and tray ceilings, exposed wood beams, and crown molding. The property benefits from low expenses due to separate utilities, and ample parking is available on an adjacent lot. Enjoy the convenience of both buildings being on adjacent lots, simplifying snow plowing, landscaping, and maintenance. Additionally, this investment is located in the desirable Gonic school district, close to the public school and pool. The prime location is just 2.5 miles from downtown Rochester, .5 miles from Route 16, and 20 miles from Portsmouth. Don't miss out on this incredible investment opportunity. Act fast, as these properties will not last long. Delayed private showings begin on Saturday, June 22, between 12 and 2 PM.

This is an Active listing.

Broker Office Phone Number: 603-431-1111

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

Amenities

  • Steam Heat
  • Asphalt Shingle Roof
Price History View all +
Date PriceVarianceType
6/19/2024$859,900-Listed
Listing By: RE/MAX Shoreline via Data Source: PrimeMLS


Located at 5258 Pickering Road, Rochester, New Hampshire 03867, this Multi Family is for Sale with a price of $859,900 USD. The property was built in 1900, includes 8 bedrooms, has 6 full baths. This listing has 5,014 Sq.Ft. of interior space on a lot of .34 Acres. See all Homes for Sale in Rochester.
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