11 Cleveland StreetRochester, NH 03867Sale Price: $392,000

Investors look no further for a triplex with a potential cap rate over 11%, and a perfect “brrrr” opportunity! This property boasts exceptional curb appeal, featuring pristine vinyl siding and newer vinyl trim wrap. Situated in a peaceful residential area, this property enjoys the company of neighboring single-family homes. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, with major projects like the ridge expansion and the Hoffman project, solidifying its position as the leading seacoast city for construction starts. Tour through the building and experience the charm of the one-level 3BR unit with its spacious bedrooms and living rooms. Tenants enjoy the outdoors on the porch area, and the added convenience of washer/dryer hookups. The top 1 bedroom unit has been recently renovated with stunning luxury vinyl flooring, new tile, new paint, a new bathroom and more. Enjoy plenty of updates including newer parts of the roof, and newer windows. Tenants and owners enjoy a nice backyard, plenty of parking, and separate utilities for low expenses. Property is located in an opportunity zone with additional tax benefits.