1. New Hampshire
2. Rochester
3. 32 Mill Street

32 Mill Street, Rochester, NH 03867

• 4,528 sqft

Property Description

This listing courtesy of Andy Yau, RE/MAX Shoreline

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

Listing Status:

Active

Date Added:

April 14, 2025 at 05:00AM

Listing Office:

RE/MAX Shoreline : 603-431-1111

Listing Agent:

Andy Yau : 603-969-6216

MLS ID:

5036194

Interior

• Basement: Concrete Floor
• A/C: Other
• Heating: Natural GasGas HeaterSteam

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Andy Yau, RE/MAX Shoreline