17 Winter St, Quadplex in Rochester

Multi-Family for Sale
Catylist Listing ID: 30852508
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,099 SF
Gross Building Area: See Agent
Sale Price: $639,900
Unit Price: $159,975 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 9.56%
Last Updated: 9/23/2023

Overview / Comments

***60k Price Reduction & Private Showings on this Saturday, Aug 26 from 12:30 to 2PM***
Investors look no further for the perfect high income investment with a current cap rate of 9.56% as a result of low expenses due to separate utilities. Tour through the units and appreciate granite counters throughout all the kitchens paired with stainless steel appliances. Tenants enjoy the convenience of washer/dryers that is seen throughout all units. The largest unit, as spacious and inviting as it can be, boasts character with beautiful hardwood floors throughout, crown molding, and tin ceilings. Discover tasteful finishes in the other units, including luxury vinyl flooring and chic chamber ceilings. One of the smaller units contain a cozy one bedroom loft layout. The owner’s dedication to the building is shown with creating a common seating area for the tenants. Tenants enjoy a nice backyard and being located close to town, restaurants, schools, convenience stores, major routes and more. Invest 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, with major projects like the ridge expansion and the Hoffman project, solidifying its position as the leading seacoast city for construction starts. Property is located in an opportunity zone with additional tax benefits.


Finance Data Year 2023
Real Estate Taxes - Annual($) $6,188 (Annual)
Gross Operating Income $70,080 (Annual)
Net Operating Income $61,167 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0120-0293-0000
Zoning: R2
Percent Occupied: 100%
Community Amenities: Restaurant(s), Jogging Paths, Play Ground
Property Located Between: Dover, Portsmouth, Somersworth, Seacoast
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 3
Year Built: 1881
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Other
Laundry: In Each Unit
Sprinklers: Other
Heat Type: Electricity, Natural Gas
Heat Source: Other
Fuel: Gas, Electric
Zoning Description: R2
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,094 25,924 44,722
Median Age: 37.47 40.64 40.42
Households: 3,746 10,769 18,201


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.