32 Mill Street, Rochester, NH 03867

$899,000

bedrooms

bathrooms

square feet

4,528

Acreage

1.62

Open Houses

year built

1882

Full Baths

Half Baths

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Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

Location
Subdivision	-
County	Strafford
Elementary School	East Rochester School
Middle School	Rochester Middle School
High School	Spaulding High School

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 5036194

Listing agent: Andy Yau

Listing broker: Re/Max Shoreline (603) 431-1111

Last update: Monday, April 14 2025 at 8:02 p.m. EDT

Kotohomes National