#5034451, Andrew Bosco, Listing Office: Four Points Real Estate

173 N Main St Rochester, NH 03867
Property details
About 173 N Main St
5-Unit Multifamily + 8-Bay Garage | Offered at $950,000 | Portfolio Option Available A standout investment in Rochester’s growing multifamily market. 173 North Main Street is a stabilized 5-unit property with strong current income and additional upside. The property features a rare 8-bay garage—perfect for added income or tenant use. Recent improvements include new egress stairs and three fully renovated units. The remaining two units offer value-add potential via rent increases or light updates. 2024 Financials: Total Operating Income: $97,607.39 Total Expenses: $31,469.43 Net Operating Income (NOI): $66,137.96 Cap Rate (at $950,000): 6.96% Estimated Annual Cash Flow (at 25% down, 7% interest, 25-yr amortization): ~$17,345/year Purchase as a standalone asset or part of a combined 11-unit portfolio with neighboring 171 North Main Street. Buyer and buyer agent do own due diligence. 48 hour notice required. Group staggered showings will be scheduled. Proof of funds required to schedule a tour. No seller financing. Adjacent building per MLS: 455966 is also listed. Can be purchased together or separately.
Highlights
Summary
- MLS Number: 5034453
- Office Name: Four Points Real Estate
- Office Phone: (888) 944-5827
- Office Email: achapman@fourpointsrealtyco.com
- Listing Agent: Andrew Bosco
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Last updated on: 4/25/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$950,000
173 N Main St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 30, 2022 | Home Sold | $724,666 |
Jun 01, 2022 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $355,900 | $9,161 |
2022 | $355,900 | $8,997 |
2021 | $355,900 | $8,773 |
2020 | $347,200 | $8,545 |
2019 | $347,200 | $8,645 |
2018 | $243,600 | $6,704 |
History based on county public records data.
Nearby schools
4
Maple Street Magnet School
Public Magnet KG-5
0.1 mi
•27 Maple St
5
William Allen School
Public District KG-5
0.5 mi
•23 Granite St
4
McClelland School
Public District KG-5
0.7 mi
•59 Brock St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,605. Most Rochester, NH residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 173 N Main St
This home is located at 173 N Main St in Rochester, NH and zip code 03867. This 3,497 square foot home, which was built in 1885, sits on a 0.37 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $950,000.
While more than 8 listings in Rochester, NH in March 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Rochester, NH increased by 29.7% between February and March 2025.