58 Pickering

Multi-Family for Sale
Catylist Listing ID: 30874139
Property Subtypes: Mixed Use, Other
Number of Units: 3 Units
Building Size (RSF): 2,370 SF
Gross Building Area: See Agent
Sale Price: $399,900
Unit Price: $133,300 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/11/2024

Overview / Comments

Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for value-add, with a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Delayed private showings begin on Saturday, June 22 between 12 to 2PM.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0141-0027-0000
Zoning: NEIGH MIX
Year Built: 1900
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface, Other
Fuel: Gas, Oil
Air Conditioning: Window Unit
Internet Access: Cable, Other
Zoning Description: mixed
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,629 20,574 51,491
Median Age: 40.59 40.48 39.53
Households: 1,791 8,510 20,805

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