14 Morton AveRochester, NH 03867
- Apartment buildings
- 1,825 SF
Property Details for 14 Morton Ave
- Year built
- 1902
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 1,825 SF
- Property type
- Apartment buildings
Description
This well-maintained, two-unit apartment building in Rochester, New Hampshire, presents a compelling investment opportunity. Situated on a spacious 0.53-acre lot in a desirable cul-de-sac neighborhood, this 1,825 square foot property boasts a 10.46% cap rate. Built in 1902, the three-story building features updated kitchens and bathrooms, beautiful hardwood floors, and separate utilities for each unit. Both units include washer/dryer hookups and tenants enjoy ample parking – over eight spaces. The property also benefits from a recently replaced roof and two newer heating systems, minimizing maintenance expenses. A large fenced backyard with a brick patio provides privacy and outdoor space. The prime location offers convenient access to restaurants, stores, and major routes. The substantial lot size presents potential for expansion, with the possibility of adding another duplex to further increase income. Delayed showings are scheduled for October 3rd-6th.
Location Insight
- City
- Rochester
- County
- Strafford
- State
- New Hampshire
- Latitude
- 43.3083
- Longitude
- -70.969
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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