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2 Leonard StreetRochester, NH 03867MLS Number 4627760

  • Price: $850,000The price has recently decreased
  • Est. Mortgage of $/month
  • 125 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 0.4Acreage
  • R2Zoning
  • 229Road Frontage

Good afternoon and welcome to a great investment property located at 2 Leonard Street Rochester NH. This property is on 0.4 acres with two buildings consisting of 4 rental apartments per building totaling a fantastic 8 apartments with full occupancy and positive cash flow. One building was built in 1920 with a brick exterior. This a 3 story unit with a 3 bedroom apartment on the first floor, a 2 bedroom apartment on the second floor, and two 1 bedroom apartment units on the 3rd floor. Tenants pay all their own utilities for this building and each unit has their own heating source. The second building was built in 2014 with easy maintenance vinyl siding and metal trim wrap. This building is a 2 story building with four 2 bedroom units side by side. Each unit is 2 stories with an eat in kitchen, living room on the first floor and 2 bedrooms and 1 full bath on the 2nd floor. Each tenant pays their own utilities in this building with the exception of the heat. The heat is a gas furnace with 4 zones and the fuel source is city gas. With the building being only 3 years old with foam insulation it shows great efficiency as the seller has expressed his city gas cost averages approximately $300.00 per month in the winter for the entire building. A large 16 parking space lot allowing for 2 spaces per unit. If your looking for an investment property, one that gives better return than most options, than this may be for you. Could be your 1031 exchange if your looking.

Listed by NH Lifestyle Properties and Jason McKenna of Keller Williams Lakes & Mountains Realty

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More Info

Location Information

  • High SchoolSpaulding High School
  • Junior HighRochester Middle School

Location

  • StreetLeonard
  • Building Number2
  • TownRochester
  • Zip03867
  • CountyStrafford
  • Map120
  • Flood Zone Y/NUnknown
  • Lot DescriptionCity Lot, Sidewalks, Street Lights
  • StateNH

Interior

  • APX Fin Below Grade3672

Exterior

  • ExteriorBrick, Vinyl
  • RoofShingle - Architectural
  • Exterior ColorBrick

Amenities

  • Exterior AmenitiesWindow Screens, Windows - Double Pane
  • Interior AmenitiesSewer, Snow Removal, Trash, Water
  • Parking Spaces0

Basic Information

  • # of 1 Bedrooms2
  • # of 2 Bedrooms5
  • # of 3 Bedrooms1
  • StatusACT
  • Units8

Property

  • Lot22
  • ZoningR2
  • Road Frontage229
  • Acreage0.4
  • APX Fin AG Sqft7704
  • FoundationBrick, Poured Concrete
  • Heat FuelElectric, Gas - Natural, Multi Fuel
  • Property TypeMulti-Family
  • RoadsPublic
  • Square Feet11376

Utilities

  • ElectricCircuit Breaker(s)
  • WaterPublic
  • UtilitiesCable - Available, DSL - Available, Fiber Optic Internt Avail, Gas - On-Site, Telephone Available
  • Heat SystemBaseboard, Electric, Forced Air, Gas Heater, Hot Water, Multi Zone
  • SewerPublic

Other

  • Broker NameKeller Williams Lakes & Mountains Realty
  • Agent NameProperties
  • Operating Expenses
    • Exterior Maintenance
    • Garbage
    • Ground Maintenance
    • Heating Fuel
    • Insurance
    • Maintenance/Repairs
    • Property Mgmt
    • Snow Removal
    • Water/Sewer
  • TrashDumpster
  • bloggingNo
  • Page66
  • Foot Print Dim28x48, 34x54
  • Book4408
  • Delayed ShowingsNo
  • Number of Photos9
  • View Count14

Basic Information

  • Date Listed04/18/2017
  • List Price$850,000
  • MLS Number4627760
  • Seasonal Y/NNo

Building

  • Bathroom8
  • Total Baths8
  • Year Built2014
  • Water HeaterElectric, Free Standing
  • Basement
    • Climate Controlled
    • Concrete
    • Concrete Floor
    • Finished
    • Frost Wall
    • Full
    • Stairs - Exterior
  • FloorsCarpet, Combination, Laminate, Vinyl
  • StyleMulti-Family
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1&2
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Style2 Story 2 bedroom 1 bath.
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Total Rooms5
  • Unit 4 Total Rooms5
  • Unit 5 Baths1
  • Unit 5 Bedrooms3
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • Unit 8 Baths1
  • Unit 8 Bedrooms1
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Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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