5258 Pickering Road

Rochester, NH 03867

$859,900
Price
8
Beds
6
Baths
5,014 Sq. Ft.
$171 / Sq. Ft.
5,014
Sq. Ft.
$171
per Sq. Ft.

Description

Discover the ideal 6-unit portfolio investment, comprising two separate, sought-after buildings in Gonic, Rochester, with breathtaking Cocheco River views. This exceptional value-add opportunity offers a potential cap rate exceeding 13%. Both buildings feature sharp siding and newer roofs, enhancing their impressive curb appeal. Tenants enjoy direct Cocheco River frontage from their expansive backyard, with 180-degree views from their units. They can conveniently canoe and fish right from their property....Discover the ideal 6-unit portfolio investment, comprising two separate, sought-after buildings in Gonic, Rochester, with breathtaking Cocheco River views. This exceptional value-add opportunity offers a potential cap rate exceeding 13%. Both buildings feature sharp siding and newer roofs, enhancing their impressive curb appeal. Tenants enjoy direct Cocheco River frontage from their expansive backyard, with 180-degree views from their units. They can conveniently canoe and fish right from their property. The buildings are well-maintained by tenants who take pride in their living spaces. Step inside the units to experience their unique charm, featuring beautiful hardwood floors, tin and tray ceilings, exposed wood beams, and crown molding. The property benefits from low expenses due to separate utilities, and ample parking is available on an adjacent lot. Enjoy the convenience of both buildings being on adjacent lots, simplifying snow plowing, landscaping, and maintenance. Additionally, this investment is located in the desirable Gonic school district, close to the public school and pool. The prime location is just 2.5 miles from downtown Rochester, .5 miles from Route 16, and 20 miles from Portsmouth. Don't miss out on this incredible investment opportunity. Act fast, as these properties will not last long. Delayed private showings begin on Saturday, June 22, between 12 and 2 PM.
  1. Listed by Andy Yau • RE/MAX Shoreline

Property Details for 5258 Pickering Road

Zoning
NEIGH MIX

Location

Listing Courtesy of RE/MAX Shoreline
Add your commute
LISTING UPDATED: 06/24/2024 12:05 AM

Property Details for 5258 Pickering Road

StatusActive
MLS #5001261
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.34 AC / 14,810 SF
CountyStrafford County

Location

Listing Courtesy of RE/MAX Shoreline
Add your commute

Building Information for 5258 Pickering Road

Stories2Residences6Year Built1900Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$4,693 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,693

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5258 Pickering Road

Summary
Location and General Information
  • City: Rochester
  • County: NH-Strafford
  • Latitude: 43.302868768863320
  • Longitude: -70.976099999999988
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 0138
  • Zip Code: 03867
Taxes and HOA Information
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0027
  • Lot: 0000
  • Lot - Sqft: 14810.0
  • Lot Features: City Lot, Sidewalks
  • Lot Size Acres: 0.34
  • Square Feet Apx Finished Above Grade: 5014.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 6611.0
  • Square Feet Apx Total Finished: 5014.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 1597.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Brick, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: 100 Amp
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding
  • Roads: Paved
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Storage Space, Stairs - Basement
  • Heat Fuel: Gas - Natural, Oil
  • Heating: Forced Air, Gas Heater - Vented, Steam
  • Cooling: Other
  • Total Stories: 2.5
Multi Family
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 3
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 1
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 1
Unit 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 0

Property History for 5258 Pickering Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5258 Pickering Road

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5258 Pickering Road is a multi-family home for sale in Rochester, NH 03867. This property was listed for sale on June 19, 2024 by RE/MAX Shoreline, it's currently listed at $859,900. This listing's school district is Rochester School District. Nearby schools include William Allen School, Rochester Middle School and Spaulding High School. 5258 Pickering Road is a 8-bed, 6-bath, 5,014 sqft multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Shoreline

Copyright 2024 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 06/29/2024 08:01 AM