 802-295-1355
|
|
|
Price Change! reduced by $55,000 on August 1st 2024 $495,000 | 1.4 Acres | Price Per Acre $0 | 289 Milton Road Rochester NH MLS# 4956037 |
||||
| DESCRIPTION
| ||||
|
BACK ON MARKET due to financing***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 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. Land Description: Open |
||||
| LAND INFORMATION
| ||||
|
Lot Size: 1.4 acres Zoned: HC) Surveyed: Unk Flood Zone: No Roads: Paved | Public Road Frontage: 620 |
Electric: 100 Amp Water: Drilled Well Sewer: Private | |||
| AREA INFORMATION
|
|
SCHOOLS |
||
 |
Copyright © 2024 The Clerkin Agency, P.C. and PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 23rd, 2024 |
|
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential
information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or
may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time.
These forms can be accessed at the following websites and you are encouraged to read these documents. The Clerkin Agency, P.C. chooses as a business model to represent both buyers and
sellers; please do not assume, without any contractual agreement otherwise, that The Clerkin Agency, P.C. at this time represents your interests as an agent. VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM | |