$705,000
SOLD DEC 2, 2024

580 Salmon Falls Rd Rochester, NH 03868

8 Beds
4 Baths
3,505 Sq Ft
1.1 Acres

Recently Sold

$201 Per Sq Ft

6% Below List Price

99 Days on Market

Highlights

  • 1.1 Acre Lot
  • Baseboard Heating
  • 1 Car Garage

About This Home

As of December 2024

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.

Last Agent to Sell the Property

Stephen Kelley

EXP Realty Brokerage Phone: 603-312-4832 License #067477 Listed on: 07/09/2024

EXP Realty

Last Buyer's Agent

Susan Gately

REAL Broker NH, LLC

REAL Broker NH, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,116

Year Built

  • Built in 1882

Lot Details

  • 1.1 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Spaulding High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • 60 Amp Service
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $12,854
  • Gross Income $56,940
  • Net Operating Income $44,086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,116

Year Built

Built in 1882

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • 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.
  • Assessment Amount: 315300
  • Assessment Year: 23
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 201.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 9930
  • Sq Ft - Apx Total Finished: 3505
  • Year Built: 1882
  • Remarks Public: 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.
  • List Agent: 16845
  • Display On Internet: Internet - Cable
  • Architectural Style: Conversion
  • ResoLotFeatures: Country Setting
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Full
  • Sq Ft - Apx Finished AG: 3505
  • Sq Ft - Apx Unfinished AG: 4439
  • Sq Ft - Apx Unfinished BG: 1986

Exterior Features

  • Driveway: Paved
  • Foundation: Block, Stone
  • Road Frontage: Yes
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Clapboard Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Detached, Parking Spaces 5 - 10
  • Garage: Yes

Utilities

  • Electric: 100 Amp, 60 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating: Oil, Baseboard
  • Separate Utilities: Varies
  • Total Refrigerators: 4
  • Trash: Curbside
  • Utilities: Cable - Available
  • Water Source: Public

Schools

  • School District: Rochester
  • High School: Spaulding High School
  • High School: Spaulding High School

Lot Info

  • Map: 224
  • Lot Sq Ft: 47916
  • Lot Acres: 1.1
  • Zoning: R1
  • Deed Book: 4311
  • Deed Page: 670
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 56940
  • Net Income: 44086
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 8116
  • Tax Year: 2024

MLS Schools

  • School District: Rochester

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $705,000 -0.7% $201 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $710,000 -5.3% $203 / Sq Ft
10/03/2024 10/03/24 For Sale $750,000 0.0% $214 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $750,000 +244.0% $214 / Sq Ft
07/24/2015 07/24/15 Sold $218,000 -11.0% $62 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/28/2014 04/28/14 For Sale $245,000 -- $70 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stephen Kelley

    EXP Realty

    (603) 312-4832

    6 in this area

    10 Total Sales

    Section Image
  • Susan Gately

    Buyer's Agent in 2024

    Susan Gately

    REAL Broker NH, LLC

    (484) 905-1828

    8 in this area

    76 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    Dorothy Harris

    Harris Appraisal Services

  • B

    Buyer's Agent in 2015

    Bob Kelley

    Wolcott Properties LLC

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5004103

PrimeMLS

New Hampshire Strafford County Rochester 03868

580 Salmon Falls Rd, Rochester, NH

This home is located at 580 Salmon Falls Rd, Rochester, NH 03868 and is currently priced at $705,000, approximately $201 per square foot. This property was built in 1882. 580 Salmon Falls Rd is a home located in Strafford County with nearby schools including Chamberlain Street School, Rochester Middle School, and Spaulding High School.

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