NOT LISTED FOR SALE

129 N Main St Rochester, NH 03867

4 Beds
5 Baths
4,719 Sq Ft
5,227 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $255,102 $54 Per Sq Ft

188 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Walk-Up Access
  • Water Access

About This Home

As of January 2022

Investors and flippers galore. Buy 3 residential units for 100k each, and get 2 commercial units free and if that isn’t good enough, we’ll add in a .11 acre lot to sweeten the deal! The extra lot outback borders the Cocheco river, and could potentially be used as extra parking spots or a boat loading dock. This massive building of over 4700 square feet, features, a once booming restaurant and a now vacant smokeshop. The restaurant once known as Froggies, due to its size, has the potential with town approval to be subdivided into two separate commercial units, putting the total unit count to 6 units. Despite two vacant commercial units, the cap rate still stands at an impressive 7.59%. Bringing the building back to market value, could potentially bring the building’s GRI over $70,000. That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes. Residential units are in decent condition, while commercial units need work. 129 N.main can be purchased in combination with 135 N.main. See MLS#4840738. Agents see non-public remarks. Private showings begin on Saturday, March 6.

Last Agent to Sell the Property

Andy Yau

RE/MAX Shoreline Listed on: 03/02/2021

RE/MAX Shoreline

Last Buyer's Agent

Andy Yau

RE/MAX Shoreline Listed on: 03/02/2021

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Shingle Roof
  • Shingle Siding
  • Asphalt

Interior Spaces

  • 5 Full Bathrooms
  • 4,719 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Water Views

Basement

  • Walk-Up Access
  • Dirt Floor

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 5000-10000 / 0347

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $10,838
  • Gross Income $33,600
  • Net Operating Income $22,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Head north on Columbus avenue until you reach South Main. Stay slightly right until youreach Wakefield St. Then turn left onto union. Turn right onto North main and the destination will be onthe right side of the street
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 54.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4719
  • Sq Ft - Apx Total Finished: 4719
  • Year Built: 1910
  • Remarks Public: Investors and flippers galore. Buy 3 residential units for 100k each, and get 2 commercial units free and if that isn’t good enough, we’ll add in a .11 acre lot to sweeten the deal! The extra lot outback borders the Cocheco river, and could potentially be used as extra parking spots or a boat loading dock. This massive building of over 4700 square feet, features, a once booming restaurant and a now vacant smokeshop. The restaurant once known as Froggies, due to its size, has the potential with town approval to be subdivided into two separate commercial units, putting the total unit count to 6 units. Despite two vacant commercial units, the cap rate still stands at an impressive 7.59%. Bringing the building back to market value, could potentially bring the building’s GRI over $70,000. That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes. Residential units are in decent condition, while commercial units need work. 129 N.main can be purchased in combination with 135 N.main. See MLS#4840738. Agents see non-public remarks. Private showings begin on Saturday, March 6.
  • List Agent: 283493
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt
  • Sq Ft - Apx Finished AG: 4719

Exterior Features

  • Driveway: Concrete
  • Exterior: Asphalt, Shingle
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle
  • Easements: Yes
  • Water Body Type: River
  • Water Access Details: Other
  • Water Body Name 2: Cocheco River
  • Water View: Yes
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Unitil
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented
  • Electric Company: Eversource
  • Separate Utilities: Varies
  • Total Gas Meters: 5
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Municipal

Schools

  • School District: Rochester School District
  • Elementary School: Chamberlain Street School
  • Middle School: Rochester Middle School
  • High School: Spaulding High School
  • Elementary School: Chamberlain Street School
  • High School: Spaulding High School

Lot Info

  • Map: 0121
  • Lot: 5000-10000
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Surveyed: Unknown
  • Zoning: DTC
  • Deed Book: 3834
  • Deed Page: 0178
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 33600
  • Net Income: 22763
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 5766
  • Tax Year: 2020

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $255,102 -14.9% $54 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $299,900 -- $64 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andy Yau

    Seller's Agent in 2022

    Andy Yau

    RE/MAX

    (603) 969-6216

    81 in this area

    178 Total Sales

    Andy Yau
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4849090

PrimeMLS
New Hampshire Strafford County Rochester 03867

129 N Main St, Rochester, NH

This home is located at 129 N Main St, Rochester, NH 03867 since 02 March 2021. This property was built in 1910. 129 N Main St is a home located in Strafford County with nearby schools including William Allen School, Rochester Middle School, and Spaulding High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.

Nearby Homes