38-44 N Main St

Rochester, NH 03867

$1,250,000
Last Sold Price
—
Beds
—
Baths
8,860 Sq. Ft.
$141 / Sq. Ft.
8,860
Sq. Ft.
$141
per Sq. Ft.
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Closed 11/30/22
Closed 11/30/22

Description

Investors take notice for the building every investor is looking for! Potential cap rate over 12%. Extremely rare, unique one of a kind offering, located in the most sought out main strip of downtown Rochester. This is a highly sought out brick building consisting of 8 residential units and 3 commercial units. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city’s multiple development projects. Take advantage of being directly across from the Hoffman project, a six...Investors take notice for the building every investor is looking for! Potential cap rate over 12%. Extremely rare, unique one of a kind offering, located in the most sought out main strip of downtown Rochester. This is a highly sought out brick building consisting of 8 residential units and 3 commercial units. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city’s multiple development projects. Take advantage of being directly across from the Hoffman project, a six story 46 unit development, and also on the same strip, the Scenic Salinger, a 55 unit Chinburg development. Tour through the commercial units with large open spaces and enjoy credit tenants which includes one of the most popular breakfast restaurants in Rochester- Fallen Leaf Bistro, and the retired Rox Lounge. Tour through the apartments and experience its character which include large open windows looking out to the view of downtown Rochester, hardwood floors, wood trim, high ceilings, tray ceilings and open concept studios. Updates can be seen throughout which include new LVP flooring, some new kitchens, and new bathrooms. Thats not all, owners enjoy low expenses due to separate utilities, plenty of parking spaces outback and the tax benefits of being located in an opportunity zone. Tenants enjoy a coin operated washer/dryer, and being located in walking distance to the heart of downtown Rochester, close to restaurants, convenience stores, and retail shopping. Sat showings 10-12
  1. Listed by Andy Yau • RE/MAX Shoreline

Sold By KW Coastal and Lakes & Mountains Realty

Property Details for 38-44 North Main Street

Zoning
DTC
LISTING CLOSED: 11/30/2022 12:00 AM

Property Details for 38-44 North Main Street

StatusClosed
MLS #4938086
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.22 AC / 9,583 SF
CountyStrafford County
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Location

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Building Information for 38-44 North Main Street

Stories2Residences11Year Built1920Building Size-Lot Size0.22 AC / 9,583 SF

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$6,354 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,354

Property Taxes

$0

HOA Dues

$0

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Property Information for 38-44 North Main Street

Summary
Location and General Information
  • City: Rochester
  • County: NH-Strafford
  • Latitude: 43.304174384765005
  • Longitude: -70.977082084655763
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 121
  • Zip Code: 03867
Taxes and HOA Information
  • Taxes TBD: Unknown
School Information
  • School - High: Spaulding High School
  • School - District: Rochester School District
  • School - Elementary: East Rochester School
  • School - Middle/Jr: Rochester Middle School
Parking
  • Garage: No
  • Driveway: Concrete, Other
Property
Lot Information
  • Block: 0
  • Lot: 14
  • Lot - Sqft: 9583.0
  • Lot Size Acres: 0.22
  • Road Frontage Length: 64.0
  • Square Feet Apx Finished Above Grade: 7680.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 1180.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 8860.0
  • Square Feet Apx Total Finished: 8860.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 0.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Brick, Granite
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
Utilities
  • Electric: 110 Volt, 220 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Utilities: Cable - Available, High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Roads: Other, Public
  • Roof: Flat, Membrane
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Stairs - Exterior, Storage Space, Unfinished, Stairs - Basement
  • Heat Fuel: Gas - LP/Bottle, Gas - Natural
  • Heating: Forced Air, Hot Air, Multi Zone
  • Cooling: Other
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 11
  • Total 1 BR Units: 5
  • Total 2 BR Units: 3
  • Total 3+ BR Units: 0

Property History for 38-44 North Main Street

DateEvent & SourcePriceAppreciation
Nov 30, 2022

Sold

New England Real Estate Network #4938086

$1,250,000—
Nov 30, 2022

Pending

New England Real Estate Network #4938086

—
Nov 30, 2022

Listed (Active)

New England Real Estate Network #4938086

$1,249,900—
DateEvent & SourcePrice
11/30/2022

Sold

New England Real Estate Network #4938086

$1,250,000
11/30/2022

Pending

New England Real Estate Network #4938086

—
11/30/2022

Listed (Active)

New England Real Estate Network #4938086

$1,249,900

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

Schools near 38-44 North Main Street

This home is within Rochester School District.
Rating
School
Type
Grades
Distance
William Allen School
Public - K to 5
Rochester Middle School
Public - 6 to 8
Spaulding High School
Public - 9 to 12
Maple Street Magnet School
Public - K to 5
Rating
School
Distance
William Allen School
PublicK to 5

Rochester Middle School
Public6 to 8

Spaulding High School
Public9 to 12

Maple Street Magnet School
PublicK to 5

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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
38 North Main Street, Rochester, NH 03867
$145,000
2
1,584
4
32 North Main Street, Rochester, NH 03867
$100,000
–
2
4,378
0.18
28 North Main Street, Rochester, NH 03867
$209,000
12
3,972
0.03
26 North Main Street, Rochester, NH 03867
$642,800
–
24
15,529
0.11
42 North Main Street, Unit 44, Rochester, NH 03867
$720,000
–
7,680
0.22

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Shoreline

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 07/28/2026 03:46 PM