43-45 Congress Street

Rochester, NH 03867

$699,900
Price
6
Beds
3
Baths
3,848 Sq. Ft.
$182 / Sq. Ft.
3,848
Sq. Ft.
$182
per Sq. Ft.

Description

Large, fully-occupied 4-unit multifamily property near Downtown Rochester consisting of four spacious 2-bedroom, 1-bathroom units. This property has been significantly improved by the current owner, who has recently turned two of the apartments and increased rents across all four units. Income is terrific at $7,780/month ($1,945/unit/month) or ~$93K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity and...Large, fully-occupied 4-unit multifamily property near Downtown Rochester consisting of four spacious 2-bedroom, 1-bathroom units. This property has been significantly improved by the current owner, who has recently turned two of the apartments and increased rents across all four units. Income is terrific at $7,780/month ($1,945/unit/month) or ~$93K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity and the landlord pays for only water/sewer. The property’s ~$65K/year in NOI makes this listing a 9.3% cap. The property provides four off-street parking spaces and ample street parking is available in the immediate vicinity. Owner is a real estate licensee.
  1. Listed by Nick Gray • Gray Property Group, LLC

Property Details for 43-45 Congress Street

Zoning
R2
LISTING UPDATED: 02/14/2025 10:21 PM

Property Details for 43-45 Congress Street

StatusActive
MLS #5027162
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1801
Lot Size0.21 AC / 9,147 SF
CountyStrafford County

Building Information for 43-45 Congress Street

Stories3Residences4Year Built1801Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 43-45 Congress Street

Summary
Location and General Information
  • City: Rochester
  • County: NH-Strafford
  • Latitude: 43.302447951960076
  • Longitude: -70.976863294477468
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 0121
  • Zip Code: 03867
Taxes and HOA Information
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Dirt
Property
Lot Information
  • Block: 7
  • Lot: 0
  • Lot - Sqft: 9148.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.21
  • Square Feet Apx Finished Above Grade: 3848.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 5408.0
  • Square Feet Apx Total Finished: 3848.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1560.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Current Use: No
  • Assessment Amount: $61
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Block, Brick, Stone
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1801
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Separate Utilities: Yes
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Heating: Electric
  • Cooling: None
  • Total Stories: 3
Multi Family
Income & Expenses Information
  • Gross Income: $93,360.00
  • Net Income: $65,043.00
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: Unit 43-1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $2,080.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: Unit 43-2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $2,000.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Level Number: Unit 45-1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,700.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Level Number: Unit 45-2
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $2,000.00
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water

Property History for 43-45 Congress Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 43-45 Congress Street

Taxable ValueLand$39,700Additions$280,400Total$320,100
Tax Record2023$8,239 ($687 / month)
Home Facts
Baths4Total Finished SqFt3,848 SqFtAbove Grade Finished SqFt3,848 SqFtUnfinished Basement SqFt1,630 SqFtStories3Lot Size9,148 SqFtStyleMulti-Family Res (5+ Units)Year Built1801ZoningR2CountySTRAFFORDAPNRCHE M:0121 B:0007 L:0000

Schools near 43-45 Congress Street

This home is within Rochester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
William Allen School
PublicK to 5

Rochester Middle School
Public6 to 8

Spaulding High School
Public9 to 12

Maple Street Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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43-45 Congress Street is a multi-family home for sale in Rochester, NH 03867. This property was listed for sale on January 20, 2025 by Gray Property Group, LLC, it's currently listed at $699,900. It has been on the market for a total of 28 days and was last sold on January 14, 2019. This listing's school district is Rochester School District. Nearby schools include William Allen School, Rochester Middle School and Spaulding High School. 43-45 Congress Street is a 6-bed, 3-bath, 3,848 sqft multi-family home built in 1801.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gray Property Group, LLC

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 02/18/2025 07:54 AM