39 Chestnut Street

Closed 7/18/25
Closed 7/18/25
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Sold
Last Sold Price
$675,000
8 beds4,001 sqft$169/sqft
39 Chestnut St, Rochester, NH 03867
Multi FamilyProperty Type
0.29 acresLot Size
1901Year Built
$169/sq ftPrice per sq ft
1 carParking Spaces

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.

    Sold By Beach Homes Realty

    • Listed by: Michelle Sullivan • The Gove Group Real Estate, LLC
    Listing closed: 07/18/2025 12:00 AM • Source: New England Real Estate Network, MLS#: 5039089
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    $4,005 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,431

    Property Taxes

    $574

    HOA Dues

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    Property Information for 39 Chestnut Street

    Property Details
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1901
    • Lot Size: 0.29 AC / 12,632 SF
    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
    • 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
    Baths2Total Finished SqFt3,479 SqFtAbove Grade Finished SqFt3,479 SqFtUnfinished Basement SqFt1,752 SqFtStories3Lot Size12,632 SqFtStyleTriplexYear Built1901Year Renovated1901ZoningR2CountySTRAFFORDAPNRCHE 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 09/01/2026 09:38 PM