580 Salmon Falls Road
Rochester, NH 03868
$705,000
Last Sold Price
8
Beds
4
Baths
3,505 Sq. Ft.
$201 / Sq. Ft.
3,505
Sq. Ft.
$201
per Sq. Ft.
Closed 12/2/24
Closed 12/2/24
Description
Investment Opportunity! Welcome to 580 Salmon Falls Rd, a well-maintained multi-family property ideally located for savvy investors. This solid investment offering a total of 9 bedrooms and 4 bathrooms across 4 spacious units. Building has brand new furnace/mini split and new furnace. Replacement windows and new siding. Each unit boasts washers and/or dryers and certified lead abatement, ensuring tenant satisfaction and ease of management. Situated on a 1.1 acre lot, this property includes plenty...Investment Opportunity! Welcome to 580 Salmon Falls Rd, a well-maintained multi-family property ideally located for savvy investors. This solid investment offering a total of 9 bedrooms and 4 bathrooms across 4 spacious units. Building has brand new furnace/mini split and new furnace. Replacement windows and new siding. Each unit boasts washers and/or dryers and certified lead abatement, ensuring tenant satisfaction and ease of management. Situated on a 1.1 acre lot, this property includes plenty of off street parking spaces providing tenants with convenience and comfort. Located between downtown and East Rochester, this property offers tenants easy access to everything Rochester has to offer. Whether you're a seasoned investor or looking to start your portfolio, 580 Salmon Falls Rd presents a fantastic opportunity. Schedule your showing today and seize this investment potential! Seller is delaying showings till open house Sat 13th 1-3pm and Sunday 14th 1-3pm.
- Listed by Stephen Kelley • EXP Realty • Cell: 603-312-4832
Sold By REAL Broker NH, LLC
Property Details for 580 Salmon Falls Road
Parking
Detached, Parking Spaces 5 - 10
ZoningR1
LISTING UPDATED: 12/02/2024 06:11 PM
Property Details for 580 Salmon Falls Road
| Status | Closed |
|---|---|
| MLS # | 5004103 |
| Days on Market | 99 |
| Taxes | $8,116 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1882 |
| Lot Size | 1.10 AC / 47,916 SF |
| County | Strafford County |
Building Information for 580 Salmon Falls Road
Stories2Residences4Year Built1882Building Size-Lot Size1.10 AC / 47,916 SF
Property Information for 580 Salmon Falls Road
Summary
Location and General Information
- City: Rochester
- County: NH-Strafford
- Directions: From South: Continue onto NH-16 N/US-202 E/Spaulding Turnpike. Take exit 16 to merge onto NH-11 E/US-202 E/Spaulding Tpk Connector toward NH-125/E Rochester/Sanford ME. Slight right to merge onto NH-11 E/US-202 E toward E Rochester/Sanford. Turn right onto Salmon Falls Rd. House will be on left.
- Latitude: 43.318892000001000
- Longitude: -70.941590000000005
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Road
- Map: 224
- Zip Code: 03868
Taxes and HOA Information
- Tax Year: 2024
- Taxes TBD: Unknown
School Information
- School - High: Spaulding High School
- School - District: Rochester
Parking
- Garage: Yes
- Garage Capacity: 1.00
- Driveway: Paved
Property
Lot Information
- Block: 2
- Lot: 0
- Lot - Sqft: 47916.0
- Lot Features: Country Setting
- Lot Size Acres: 1.1
- Road Frontage Length: 100.0
- Square Feet Apx Finished Above Grade: 3505.0
- 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: 9930.0
- Square Feet Apx Total Finished: 3505.0
- Square Feet Apx Unfinished Above Grade: 4439.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 1986.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Current Use: No
- Assessment Amount: $315,300
- Assessment Year: 23
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Block, Stone
- PreConstruction: No
- Surveyed: No
- Year Built: 1882
Utilities
- Electric: 100 Amp, 60 Amp, Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available
- Separate Utilities: Varies
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Clapboard Exterior
- Roof: Shingle - Asphalt
Interior Features
- Appliances: Water Heater – Electric
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Bulkhead, Full
- Total Full Baths: 4
- Heating: Oil, Baseboard
- Cooling: None
- Total Refrigerators: 4
- Total Stories: 2
- Trash: Curbside
Multi Family
Income & Expenses Information
- Gross Income: $56,940.00
- Net Income: $44,086.00
- Operating Expense Incl: Insurance, Maintenance, Water/Sewer
- Operating Expense: $12,854
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: 1&2
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $1,112.00
- Unit 1 Tenant Pays: Electric, Heat, Hot Water
- Unit 1 Info: Heat Included
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Level Number: 2
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,000.00
- Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 1
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,633.00
- Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Level Number: 1&2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $1,000.00
- Unit 4 Tenant Pays: Electric, Hot Water
Property History for 580 Salmon Falls 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.
Public Records for 580 Salmon Falls Road
Taxable ValueLand$45,300Additions$270,000Total$315,300
Tax Record2023$8,116 ($676 / month)
Home Facts
Baths4Total Finished SqFt3,506 SqFtAbove Grade Finished SqFt3,506 SqFtUnfinished Basement SqFt1,986 SqFtStories2Lot Size47,916 SqFtStyleMulti-Family Res (5+ Units)Year Built1882ZoningR1CountySTRAFFORDAPNRCHE M:0224 B:0002 L:0000Fireplace TypeHas Fireplace
Schools near 580 Salmon Falls 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Chamberlain Street School PublicK to 5 | ||
Rochester Middle School Public6 to 8 | ||
Spaulding High School Public9 to 12 | ||
Bud Carlson Academy Public9 to 12 |
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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Listing Courtesy of EXP Realty
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 12/21/2024 08:58 AM
