3-5 Academy St
Rochester, NH 03867

$380,000

Last Sold Price

Beds

Baths

2,700 Sq. Ft.

$141 / Sq. Ft.

2,700

Sq. Ft.

$141

per Sq. Ft.

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Closed 9/22/23

3-5 Academy Street Rochester, NH 03867 - Photo 1 of 35

Description

PENDING. 25+ showings in 48 hours necessitated an unforseen change in showing and offer timeline. This THREE UNIT apartment building is CONVENIENTLY located within easy walking distance of downtown Rochester and the Rochester Commons. The PERFECT location just off South Main Street. DESIRABLE for tenants who want to be near grocery and pharmacy shopping, banking, recreational parks, health care, and public transportation. All three units offer TWO BEDROOMS. The FIRST floor unit is rented month to...PENDING. 25+ showings in 48 hours necessitated an unforseen change in showing and offer timeline. This THREE UNIT apartment building is CONVENIENTLY located within easy walking distance of downtown Rochester and the Rochester Commons. The PERFECT location just off South Main Street. DESIRABLE for tenants who want to be near grocery and pharmacy shopping, banking, recreational parks, health care, and public transportation. All three units offer TWO BEDROOMS. The FIRST floor unit is rented month to month to a LONG TERM tenant, as is the THIRD floor unit, also month to month. With the SECOND floor unit just recently vacated, this provides MAXIMUM FLEXIBILITY for either a prospective owner occupant, or an investor. Each unit has a DEDICATED ENTRANCE and SEPARATE UTILITIES. Tenants pay ALL UTILITIES, with the sole exception of municipal water and sewer. Property also includes a brick TWO CAR GARAGE, which could be used for additional storage or income. If you’re thinking of OWNER OCCUPANCY, consider the fact you will OWN the building over time. Far better than continuing to rent, which does nothing to increase your net worth. Here’s your opportunity to BECOME AN OWNER AND LANDLORD. If you’re an INVESTOR, you know there is a severe housing unit shortage. Feel confident you’re buying into a HIGHLY RENTABLE LOCATION, with continued strong upward pressure on rental prices that shows no sign of a slowdown.

Listed by Paul Marino • WWW.FLATFEEMLS4FREE.COM

Sold By RE/MAX Shoreline

Property Details for 3-5 Academy Street

Water View

Waterfront Property

Zoning

SD (Special Downtown)

LISTING UPDATED: 09/24/2023 09:08 PM

Property Details for 3-5 Academy Street

Status	Closed
MLS #	4962447
Days on Market	5
Taxes	$5,600 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi Family
Year Built	1923
Lot Size	0.08 AC / 3,484 SF
County	Strafford County

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Location

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Building Information for 3-5 Academy Street

Stories3Residences3Year Built1923Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

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$2,380 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,913

Property Taxes

$467

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 3-5 Academy Street

Summary

Location and General Information

City: Rochester
County: NH-Strafford

Directions: GPS friendly (3-5 Academy Street, Rochester, NH). Heading north on South Main, Academy will be on the LEFT. Subject is the first building on the RIGHT (3 story gray building with 2 covered porches in front)
Latitude: 43.301121767965853
Longitude: -70.973505084655741
Road Frontage: Yes
Seasonal: No
State: NH
Street Designation: Street
Map: 0125
Zip Code: 03867

Taxes and HOA Information

Tax - Gross Amount: $5,599.52
Tax Rate: 25.28%

Tax Year: 2023
Taxes TBD: No

School Information

School - High: Spaulding High School
School - District: Rochester School District

School - Elementary: William Allen School
School - Middle/Jr: Rochester Middle School

Parking

Garage: Yes
Garage Capacity: 2.00

Driveway: Paved

Property

Lot Information

Block: 0000
Footprint: 36' x 28'

Lot: 0201
Lot - Sqft: 3485.0
Lot Size Acres: 0.08
Road Frontage Length: 44.0
Square Feet Apx Finished Above Grade: 2700.0
Square Feet Apx Finished AG Source: Assessor
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Finished BG Source: Assessor
Square Feet Apx Total: 3780.0
Square Feet Apx Total Finished: 2700.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished AG Source: Assessor
Square Feet Apx Unfinished Below Grade: 1080.0
Square Feet Apx Unfinished BG Source: Assessor
Water Body Access: No

Property and Assessments

Current Use: No
Assessment Amount: $221,500

Assessment Year: 2022
Property Class: Multi-Family
Construction Status: Existing
Flood Zone: No
Foundation: Brick, Poured Concrete
PreConstruction: No
Surveyed: Unknown
Year Built: 1923

Utilities

Electric: 220 Plug, Circuit Breaker(s)
Sewer: Public Sewer On-Site

Utilities: Cable - Available, Internet - Cable, Telephone Available
Total Gas Meters: 2
Total Electric Meters: 3
Separate Utilities: Yes

Interior and Exterior Features

Exterior Features

Color: Gray
Features - Exterior: Porch - Covered

Roads: Paved, Public
Roof: Shingle - Asphalt
Total Ranges: 3

Interior Features

Basement: Yes
Basement Access Type: Interior

Basement Description: Concrete, Concrete Floor, Full, Unfinished
Total Full Baths: 3
Heat Fuel: Gas - Natural, Oil
Heating: Hot Air, Monitor Type, Steam
Cooling: None
Total Refrigerators: 3
Total Rooms Above Ground: 14
Total Stories: 3
Total Water Heaters: 3
Trash: Curbside

Multi Family

Income & Expenses Information

Gross Income: $36,840.00
Net Income: $27,531.00

Operating Expense Incl: Insurance, Water/Sewer
Operating Expense: $9,309

Multi-Family Information

Total Units: 3
Total 1 BR Units: 0

Total 2 BR Units: 3
Total 3+ BR Units: 0
Total Heat Units: 3

Unit Information

Unit 1

Unit 1 Style: Entire 1st floor
Unit 1 Baths: 1

Unit 1 Bedrooms: 2
Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Month to Month
Unit 1 Apx Sqft: 1080.0
Unit 1 Rooms: 5
Unit 1 Rental Amount: $1,050.00
Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Trash, TV Service
Unit 1 Info: Appliances Included, Ceiling Fan, CO Detector, Dishwasher, Heat - Natural Gas, Laundry Hookup, Porch, Range - Electric, Refrigerator, Smoke Detector, Water Heater

Unit 2

Unit 2 Lease Term: Month to Month
Unit 2 Style: Entire 2nd floor

Unit 2 Baths: 1
Unit 2 Rooms: 5
Unit 2 Status: Vacant
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Apx Sqft: 1080.0
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $995.00
Unit 2 Info: Appliances Included, CO Detector, Cooktop - Electric, Dishwasher, Heat - Natural Gas, Hot Water, Laundry Hookup, Porch, Refrigerator, Smoke Detector, Water Heater
Unit 2 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Trash, TV Service

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Baths: 1

Unit 3 Rooms: 4
Unit 3 Level Number: 3
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Leased
Unit 3 Style: Entire 3rd floor
Unit 3 Apx Sqft: 540.0
Unit 3 Bedrooms: 2
Unit 3 Rental Amount: $1,025.00
Unit 3 Info: Appliances Included, CO Detector, Cooktop - Electric, Heat - Oil, Refrigerator, Smoke Detector, Water Heater
Unit 3 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Trash, TV Service

Rental

Rent Information

Total Leases: 0

Property History for 3-5 Academy Street

Date	Event & Source	Price	Appreciation
Sep 22, 2023	Sold New England Real Estate Network #4962447	$380,000	—
Jul 27, 2023	Pending New England Real Estate Network #4962447		—
Jul 26, 2023	Withdrawn New England Real Estate Network #4962447		—
Jul 22, 2023	Listed (Active) New England Real Estate Network #4962447	$364,900	—
Feb 8, 2019	Sold New England Real Estate Network #4720931	$236,000	—
Feb 7, 2019	Pending New England Real Estate Network #4720931		—
Sep 27, 2018	Price Change New England Real Estate Network #4720931	$250,000	—
Sep 27, 2018	Listed (Active) New England Real Estate Network #4720931	$235,000	—
Nov 7, 2005	Listed (Active) New England Real Estate Network #237040	$339,000	—
Sep 30, 2004	Sold New England Real Estate Network #166042	$300,000	—
Sep 15, 2004	Pending New England Real Estate Network #166042		—
Aug 24, 2004	Listed (Active) New England Real Estate Network #166042	$299,900	—

Date	Event & Source	Price
09/22/2023	Sold New England Real Estate Network #4962447	$380,000
07/27/2023	Pending New England Real Estate Network #4962447	—
07/26/2023	Withdrawn New England Real Estate Network #4962447	—
07/22/2023	Listed (Active) New England Real Estate Network #4962447	$364,900
02/08/2019	Sold New England Real Estate Network #4720931	$236,000
02/07/2019	Pending New England Real Estate Network #4720931	—
09/27/2018	Price Change New England Real Estate Network #4720931	$250,000
09/27/2018	Listed (Active) New England Real Estate Network #4720931	$235,000
11/07/2005	Listed (Active) New England Real Estate Network #237040	$339,000
09/30/2004	Sold New England Real Estate Network #166042	$300,000
09/15/2004	Pending New England Real Estate Network #166042	—
08/24/2004	Listed (Active) New England Real Estate Network #166042	$299,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3-5 Academy Street

This home is within Rochester School District.


Rating	School	Type	Grades	Distance
4/10	William Allen School	Public - Serves this home	K to 5	0.2 mi
3/10	Rochester Middle School	Public - Serves this home	6 to 8	1.0 mi
5/10	Spaulding High School	Public - Serves this home	9 to 12	0.8 mi
7/10	Maple Street Magnet School	Public - Nearby school	K to 5	0.6 mi
NR	Bud Carlson Academy	Public - Nearby school	9 to 12	1.1 mi
NR	St Elizabeth Seton School	Private - Nearby school	K to 8	0.3 mi
NR	Lighthouse Christian Academy	Private - Nearby school	4 to 12	0.3 mi
NR	Monarch School Of New England	Private - Nearby school	1 to 12	0.9 mi


Rating	School	Distance
4/10	William Allen School PublicK to 5 Serves this home	0.2 mi
3/10	Rochester Middle School Public6 to 8 Serves this home	1.0 mi
5/10	Spaulding High School Public9 to 12 Serves this home	0.8 mi
7/10	Maple Street Magnet School PublicK to 5 Nearby school	0.6 mi
NR	Bud Carlson Academy Public9 to 12 Nearby school	1.1 mi
NR	St Elizabeth Seton School PrivateK to 8 Nearby school	0.3 mi
NR	Lighthouse Christian Academy Private4 to 12 Nearby school	0.3 mi
NR	Monarch School Of New England Private1 to 12 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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Copyright 2026 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. Data last updated 04/04/2026 03:04 PM

3-5 Academy StRochester, NH 03867

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3-5 Academy St
Rochester, NH 03867