39 Chestnut St

Rochester, NH 03867

$675,000
Last Sold Price
8
Beds
4,001 Sq. Ft.
$169 / Sq. Ft.
4,001
Sq. Ft.
$169
per Sq. Ft.
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Closed 7/18/25
Closed 7/18/25

Description

Continuing to Show - Actively Seeking Backup Offers Excellent cash flow! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list...Continuing to Show - Actively Seeking Backup Offers Excellent cash flow! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.
  1. Listed by Michelle Sullivan • The Gove Group Real Estate, LLC

Sold By Beach Homes Realty

Property Details for 39 Chestnut Street

Zoning
R2
LISTING CLOSED: 07/18/2025 12:00 AM

Property Details for 39 Chestnut Street

StatusClosed
MLS #5039089
Days on Market12
Taxes$6,893 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1901
Lot Size0.29 AC / 12,632 SF
CountyStrafford County
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Location

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Building Information for 39 Chestnut Street

Stories2Residences3Year Built1901Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

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$3,938 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,364

Property Taxes

$574

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 39 Chestnut Street

Summary
Location and General Information
  • City: Rochester
  • County: NH-Strafford
  • Directions: Route 16 to Exit 13 Turn right onto Washington, right onto Fairway, left onto Pine to stop sign then turn right onto Waldron St. Property is on the corner of Waldron & Chestnut.
  • Latitude: 43.302617960920600
  • Longitude: -70.982603542327865
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 0121
  • Zip Code: 03867
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Paved
Property
Lot Information
  • Block: 0097
  • Lot: 0000
  • Lot Features: City Lot, Corner, Landscaped, Level, Sidewalks, Street Lights
  • Lot Size Acres: 0.29
  • Road Frontage Length: 129.0
  • Total Finished Area: 4001.0
  • Above Grade Finished Area: 3563.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 438.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 336.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 12632.0
  • Total Area: 4337.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1901
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Gas On-Site
  • Total Gas Meters: 2
  • Total Electric Meters: 3
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Total Ranges: 3
Interior Features
  • Appliances: Natural Gas Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Interior Access, Interior Stairs, Partially Finished
  • Total Full Baths: 3
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Heating: Natural Gas, Baseboard, Electric, Gas Heater, Hot Water
  • Cooling: None
  • Total Refrigerators: 3
  • Total Rooms Above Ground: 17
  • Total Stories: 2.5
  • Total Water Heaters: 3
Multi Family
Income & Expenses Information
  • Gross Income: $75,900.00
  • Net Income: $61,217.00
  • Operating Expense Incl: Insurance, Other, Snow Removal, Water/Sewer
  • Operating Expense: $14,683
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $2,450.00
  • Unit 1 Tenant Pays: Electric, Heat
  • Unit 1 Info: Ceiling Fan, Dishwasher, Natural Gas Heat, Microwave, Electric Range, Refrigerator
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 3
  • Unit 2 Rental Amount: $2,250.00
  • Unit 2 Info: Ceiling Fan, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Unit 2 Tenant Pays: Electric, Heat
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,625.00
  • Unit 3 Info: Ceiling Fan, Dryer, Gas Range, Refrigerator, Washer
  • Unit 3 Tenant Pays: Electric, Heat
Rental
Rent Information
  • Total Leases: 3

Property History for 39 Chestnut Street

DateEvent & SourcePriceAppreciation
Jul 18, 2025

Sold (Public Record)

Public Record #1906830141

$675,000

+10.8% / yr

Jul 18, 2025

Sold

New England Real Estate Network #5039089

$675,000—
Jul 18, 2025

Pending

New England Real Estate Network #5039089

—
DateEvent & SourcePrice
07/18/2025

Sold (Public Record)

Public Record #1906830141

$675,000

+10.8% / yr

07/18/2025

Sold

New England Real Estate Network #5039089

$675,000
07/18/2025

Pending

New England Real Estate Network #5039089

—

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

Public Records for 39 Chestnut Street

Taxable ValueLand$95,600Additions$393,100Total$488,700
Tax Record2025$7,477 ($623 / month)
Home Facts
Baths4Total Finished SqFt3,479 SqFtAbove Grade Finished SqFt3,479 SqFtUnfinished Basement SqFt1,752 SqFtStories3Lot Size12,632 SqFtStyleTriplexYear Built1901ZoningR2CountySTRAFFORDAPNRCHE M:0121 B:0097 L:0000

Schools near 39 Chestnut 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.

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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 The Gove Group Real Estate, LLC

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 07/22/2026 02:39 PM