FOR SALE1.4 ACRES
Listed by Andy Yau, RE/MAX Shoreline, (603) 431-1111
289 Milton Road
Rochester, NH 03868
(on 1.40 acres)
Local Information
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Last check for updates: about 2 hours ago
Listing courtesy of Andy Yau
RE/MAX Shoreline, (603) 431-1111
Source: PrimeMLS, MLS#4956037
Description
Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
5 days ago
Home Details for 289 Milton Road
Active Status |
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MLS Status: Active |
Interior Features |
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Appliances & Utilities Utilities: Cable Available, Phone, Internet - Cable |
Gas & Electric Electric: 100 Amp Service |
View No View |
Exterior Features |
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Frontage Road Frontage: Public, OtherRoad Surface Type: Paved |
Water & Sewer Sewer: Private Sewer |
Farm & Range Frontage Length: Road frontage: 620 |
Days on Market |
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Days on Market: 5 |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Price & Status |
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Price List Price: $549,999 |
Location |
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Direction & Address City: Rochester |
Agent Information |
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Listing Agent Listing ID: 4956037 |
Lot Information |
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Lot Area: 1.4 Acres |
Documents |
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Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: %Sub Agency Commission: 1Sub Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 4956037Sub Agency Relationship Offered |
Price History for 289 Milton Road
| Date | Price | Event | Source |
|---|---|---|---|
| 07/03/2023 | $549,999 | PendingToActive | PrimeMLS #4956037 |
| 06/27/2023 | $549,999 | Contingent | PrimeMLS #4956037 |
| 06/15/2023 | $549,999 | PriceChange | PrimeMLS #4956037 |
| 06/07/2023 | $550,000 | Listed For Sale | PrimeMLS #4956037 |
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Comparable Sales for 289 Milton Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Lot/Land | $83,000 | 09/19/23 | - | - | ||
0.63 | Lot/Land | $140,000 | 09/11/23 | - | - | ||
1.05 | Lot/Land | $129,000 | 06/16/23 | - | - | ||
1.11 | Lot/Land | $80,000 | 01/31/24 | - | - | ||
0.99 | Lot/Land | $154,000 | 06/23/23 | - | - | ||
1.59 | Lot/Land | $115,000 | 03/29/24 | - | - | ||
1.60 | Lot/Land | $55,000 | 03/04/24 | - | - | ||
2.11 | Lot/Land | $120,000 | 09/07/23 | - | - | ||
2.65 | Lot/Land | $50,000 | 03/18/24 | - | - | ||
2.48 | Lot/Land | $684,224 | 07/25/23 | - | - |
What Locals Say about Rochester
- Tiffany B.
- Resident
- 3y ago
"This a splendid family environment aside from some of the Fed Ex and UPS drivers have sped through so make your children. aware to walk to side of street/pull their bike to side for each passing vehicle "
- Tiffany B.
- Resident
- 3y ago
"There is no public transportation near by. However everything is close enough by a short drive even when asking a local friend for a ride. "
- Estellahearns
- Resident
- 3y ago
"Very quiet and neighborly. Everyone respects one another and helps each other out. Definitely a neighborhood you could ask for a cup of sugar from your neighbor "
- Alisha M. .
- Resident
- 3y ago
"I would describe my commute fair. I do not travel far, a lot of things are with in walking distances."
- Naomileighclark
- Resident
- 3y ago
"The neighborhood is great. There are lots of kids. Our neighborhood is also very safe, we look out for each other. "
- Pamela L.
- Resident
- 4y ago
"Roads are pretty well kept. The roads get plowed and salted in the winter. Road lights work good. Crosswalks are visible "
- Joyce_luvisi55
- Resident
- 4y ago
"Homeless live at fairgrounds Schools are good Farmers market is in town park. There are lots of shop and stores "
- Rlmurga88888
- Resident
- 4y ago
"Most of the kids are upwardly mobile, but some have not figured it out and need positive guidance. Otherwise a good sense of community does exist here in the Granite state. "
- Rlmurga88888
- Resident
- 4y ago
"Rochester is a great community for the short time that I have lived here. Lots of events for every holiday and season like Halloween downtown for the kids. "
- Zrawson
- Resident
- 4y ago
"I’ve lived here for about 4 years and it’s a nightlife and populated place filled with problems and druggies and drunks wouldn’t recommend living here if you have smaller children "
- Kjboston01
- Resident
- 4y ago
"I have lived in Rochester for over 45 years. Love this area, I am out in the suburbs but just 3 miles out of the city. Still near all the shopping centers, restaurants, and the highway."
- Jess J
- Resident
- 4y ago
"it's a safe area but the overall environment is that of unhealthy lifestyles (obesity) NH needs more health food stores."
- Karen Watkins
- Visitor
- 4y ago
"There are too many drunks and homeless in this area. Homeless services on each side. Lots of trash around."
- Nyerobi
- Resident
- 4y ago
"There nice walking pathway for the dogs and owners. People seam friendly overall. Areas are clean there is also a wooded walk path for dogs . "
- Thomas3
- Resident
- 4y ago
"I’ve lived here for 20 years and not to many problems and not much crime at least. Could be worse . Quiet for the most part"
- GoodNeighbor
- Resident
- 5y ago
"My family and I have owned a home on Cocheco Ave for 8 years. Safe, clean and quiet, its been a great neighborhood to raise our family. Playgrounds and parks all close by, no thru traffic with plenty of kids playing around outside. Numerous homes have been renovated and updated, with four new homes built in the past few years. Great school and plenty of shopping choices all within a short drive."
- Sandersjerrie
- Resident
- 5y ago
"A lot of people walk their dogs in our neighborhood. Our neighborhood is a dog friendly environment. "
- Johnson.jess66
- Resident
- 5y ago
"Lived here 6 mos. Relocated from MA. Better quality of life but a little harder to find work. Overall a nice up and coming town of NH "
- Irishrdrose
- Resident
- 5y ago
"Small town has many events that are family friendly. We live in a quiet neighborhood we love our elementary school and the high school offers a fret curriculum to Their students "
- Jennirocks812
- Resident
- 5y ago
"Most holidays in the circle of town there will always be something going on like games or music or fun activities "
- Suzanne R.
- Resident
- 5y ago
"Rochester has great potential and a lot of new dining and shopping. We just need to get community pride up and clean up some of the rough areas "
- Carrie M.
- Resident
- 5y ago
"Nice neighborhood for families with kids and pets. The traffic is light so walking is relatively safe. Neighbors are polite and helpful."
- Jshine
- Resident
- 5y ago
"Short drive to work no lights and very little traffic. Spouse is an hour away from work. We need to find something closer "
- William M.
- Resident
- 5y ago
"Easy access to major routes. Limited traffic. Some streets are better than others. There are plenty of alternate routes "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Andy Yau, RE/MAX Shoreline
Copyright 2024 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. Data last updated 2024-02-12 14:37:28 PST.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
289 Milton Road, Rochester, NH 03868 is a lot/land. This property is currently available for sale and was listed by PrimeMLS on Apr 23, 2024. The MLS # for this home is MLS# 4956037.