NOT LISTED FOR SALE

11 Leonard St Rochester, NH 03867

Estimated Value: $376,431 - $428,000

6 Beds
2 Baths
2,796 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $356,000 $127 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,586/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Level Lot
  • Covered Patio or Porch
  • Heating System Uses Steam

About This Home

As of October 2024

Are you ready?! This investment opportunity is the one you've been looking to build your real estate portfolio with and it's available now! With 3 bedrooms and 1 bathroom in each unit, you have several different options. The potential cap rate is 9.88% with both units tenant occupied at current market rates. Complete with vinyl siding & vinyl replacement windows, you have lower maintenance expenses and peace of mind. Beautiful hardwood floors are throughout most of both units. Looking to owner occupy? There's plenty of opportunity here to own affordably and have the tenants help you pay the mortgage. A 2 car garage with new paint and a new roof completes this investment package. Delayed showings until Saturday, August 3 - Open House from 12:30 - 2 p.m. Don't miss out!

Last Agent to Sell the Property

Christina Laroche

KW Coastal and Lakes & Mountains Realty License #060470 Listed on: 07/31/2024

KW Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Yaneris Perez

Century 21 North East License #074113

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,462

Year Built

  • Built in 1882

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,796 Sq Ft Home
  • 2.5-Story Property
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Schools

  • Elementary School Street Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 100 Amp Service
  • Internet Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 38

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $18,213
  • Gross Income $36,600
  • Net Operating Income $18,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,462

Year Built

Built in 1882

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: North on NH-16 Spaulding Turnpike, Follow NH-16 N/Spaulding Turnpike to Old Dover Rd in Rochester, Take exit 11, Continue on Old Dover Rd. Take Columbus Ave to Leonard St. #11 is on the right.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 127.32
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4162
  • Sq Ft - Apx Total Finished: 2796
  • Year Built: 1882
  • List Agent: 15773
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Level, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Gas, Water Heater – On Demand
  • Flooring: Carpet, Hardwood, Laminate
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Exterior Access
  • Sq Ft - Apx Finished AG: 2796
  • Sq Ft - Apx Unfinished BG: 1366

Exterior Features

  • Driveway: Paved
  • Foundation: Brick, Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Steam
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable
  • Water Source: Public

Schools

  • Elementary School: School Street School
  • High School: Spaulding High School

Lot Info

  • Map: 12
  • Lot: 38
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 3925
  • Deed Page: 113
  • Deed Recorded Type: Foreclosure

Multi Family

  • Gross Income: 36600
  • Net Income: 18387
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5462.03
  • Tax Year: 2023

MLS Schools

  • School District: Rochester
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 11, 2024
Sold by
Huts To Homes Llc
Bought by
Burgos Maridaly
Seller's Agent
Christina Laroche
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Yaneris Perez
Century 21 North East
List Price
$349,900
Sold Price
$356,000
Premium/Discount to List
$6,100
1.74%
Views
28
Current Estimated Value
$393,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,608
Avg. Annual Appreciation
9.29%
Original Mortgage
$338,200
Outstanding Balance
$334,645
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,963

Purchase Details

Closed on
May 12, 2011
Sold by
Deutsche Bk Natl T Co
Bought by
Huts To Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Blaco Damon C
Bought by
Shin Susie

Purchase Details

Closed on
Jul 23, 2003
Sold by
Warren Carl J and Warren Monique T
Bought by
Blaco Damon C

Purchase Details

Closed on
Apr 16, 2002
Sold by
Olberg Eric and Olberg Jennifer E
Bought by
Warren Carl J and Warren Monique T

Purchase Details

Closed on
Oct 19, 1998
Sold by
Richards Gayle W
Bought by
Mcalpin David and Mcalpin Linnea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burgos Maridaly $356,000 None Available
Huts To Homes Llc $64,000 --
Huts To Homes Llc $64,000 --
Shin Susie $273,000 --
Shin Susie $273,000 --
Shin Susie $273,000 --
Blaco Damon C $211,500 --
Blaco Damon C $211,500 --
Warren Carl J $142,900 --
Warren Carl J $142,900 --
Mcalpin David $89,900 --
Mcalpin David $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgos Maridaly $338,200
Previous Owner Mcalpin David $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $356,000 +1.7% $127 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $349,900 -- $125 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,155 $414,500 $78,900 $335,600
2023 $5,444 $211,500 $39,400 $172,100
2022 $5,347 $211,500 $39,400 $172,100
2021 $5,213 $211,500 $39,400 $172,100
2020 $5,222 $212,200 $39,400 $172,800
2019 $5,284 $212,200 $39,400 $172,800
2018 $4,926 $179,000 $35,000 $144,000
2017 $4,713 $179,000 $35,000 $144,000
2016 $4,010 $141,900 $35,000 $106,900
2015 $3,994 $141,900 $35,000 $106,900
2014 $3,898 $141,900 $35,000 $106,900
2013 $4,057 $153,900 $48,200 $105,700
2012 $3,675 $143,100 $48,200 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5007631

PrimeMLS

APN: RCHE-000120-000038