$950,000

173 N Main St Rochester, NH 03867

3,497 sqft
0.4 acres
$272 / sqft
Land

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

Home typeOther
HeatingOil
StatusActive
Size3,497 sqft
BasementYes
Lot size0.37 Acres
Year built1885
MLS #5034453

Summary

  • MLS Number: 5034453
  • Office Name: Four Points Real Estate
  • Office Phone: (888) 944-5827
  • Office Email: achapman@fourpointsrealtyco.com
  • Listing Agent: Andrew Bosco

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

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:20:52 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

DateEventPrice
Nov 30, 2022
Home Sold
$724,666
Jun 01, 2022
Home Sold
$500,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,605. Most Rochester, NH residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

37%
<35k
49%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
21%
Single, with Kids
9%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • MotocrossMotocross

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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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.

Rochester, NH housing market in March 2025 saw over 8 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. The number of listings in Rochester, NH increased by 29.7% between February and March 2025.

From Rocket Homes Real Estate and based on county public records data.

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