287 Milton Road
Rochester, NH 03867
Beds
4
Baths
2
Square Ft.
3,015
$495,000
Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3… Read More multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC. Read Less
Courtesy of Andy Yau, RE/MAX Shoreline 603-431-1111
Listing Snapshot
Days Online
475
Last Updated
Property Type
Single Family
Beds
4
Full Baths
2
Square Ft.
3,015
Lot Size
1.4 Acres
Year Built
1970
MLS Number
4955127
Additional Details
Property Access
Road Frontage: Yes, Paved, Public
Building
Basement: Yes, 12 rooms, Built in 1970, 3,015 total finished sqft, Total stories: 2, Construction status: Existing, 3,015 finished sqft above grade
Roof
Shingle - Asphalt
Foundation
Block
Basement
Basement access: Walkout, Full, Unfinished, Walkout
Appliances & Equipment
Water Heater - Electric
Heating
Heat fuel: Oil, Hot Air
Cooling
Other
Utilities
Electric: Circuit Breaker(s)
Garage
Garage: No
Lot
1.4 acres, 3,015 approx. sqft, 60,984 sqft
Parking
Driveway: Paved
Property
Flood Zone: No, Zoning: HC, Seasonal: No
Sewer
Private
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