2-4 Leonard St, Rochester, NH 03867

Multi-Family

$899,000
Price

8
Units
11,374
Approx. GLA
CASH FLOW IS KING!!!! great investment property. 2 buildings consisting of 4 rental apartments per building totaling 8 apartments. One building was built in 1920 with a brick exterior. 3 story building 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. PARKING FOR 16-20 cars
Open House
No scheduled Open Houses
Highlights
Basement Features: Partially Finished
List Price: $899,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 15
Baths: 8
Units: 8
Year Built: 2014
Approx. GLA: 11,374
MLS#: 72373078
 
Interior
Basement: Yes
Electricity Cost: $460
Heating Units: 8
Rooms: 32
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.40
Lot Size: 17,424.00
Lot Description: Paved Drive
Foundation: Poured Concrete, Fieldstone
Parking Spaces: 20
Parking Features: Off-Street
Road Type: Public
Color: Brick
Construction: Frame, Brick
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl, Brick
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $594,200
Taxes: $15,645
Tax Year: 2017
Book/Page: 4408/66
Beach
Beach: No
Expenses
Gross Income: $109,200
Gross Expenses: $26,860
Total Rent: $9,100
Net Income: $82,340
Heat Cost: $1,600
Insurance Cost: $4,500
Refuse Cost: $2,100
Water Cost: $2,600
 
Additional
Disclosure Declaration: Yes
Disclosure: Rochester to Columbus Avenue, to Portland Street, left on Signal Street and right on Leonard Street. First property on left.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 2 $1,250
Unit 2 5 2 0 1 1 0 No 2 $1,250
Unit 3 5 2 0 1 1 0 2 $1,200
Map
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The listing office is Century 21 North East and the listing agent is Neily Soto. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/15/2018 3:35:00 AM.
 
Amanda Bruen
Amanda Bruen
Owner
Century 21 North East