5258 Pickering Road
5258 Pickering Road
$859,900
8
6
5,014
5,014
$171
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.
- Listed by Andy Yau • RE/MAX Shoreline
Property Details for 5258 Pickering Road
Zoning
NEIGH MIX
Location
LISTING UPDATED: 06/24/2024 12:05 AM
Property Details for 5258 Pickering Road
Status | Active |
---|---|
MLS # | 5001261 |
Days on Market | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1900 |
Lot Size | 0.34 AC / 14,810 SF |
County | Strafford County |
Location
Building Information for 5258 Pickering Road
Stories2Residences6Year Built1900Building Size-Lot Size0.34 AC / 14,810 SF
Payment Calculator
$4,693 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5258 Pickering Road
Property History for 5258 Pickering Road
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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.