Sold
Last Sold Price
4 beds1,624 sqft$336/sqft
61 River Rd, Stratham, NH 03885
Multi FamilyProperty Type
1.1 acresLot Size
1969Year Built
$336/sq ftPrice per sq ft
5 carsParking Spaces

Description

Work completed and 2 units recently vacant. Easy transfer and very low operating costs for this rare Stratham multi-family property on 1.1 acres in a magnificent location! Three ground floor, single-level units give a wonderful opportunity for investment or to owner-occupy with additional income. Being serviced by well and septic, along with utilities being electric, this multi-unit sees very low operating costs and great cap rate potential. There is plenty of outdoor space to enjoy, and a large...Work completed and 2 units recently vacant. Easy transfer and very low operating costs for this rare Stratham multi-family property on 1.1 acres in a magnificent location! Three ground floor, single-level units give a wonderful opportunity for investment or to owner-occupy with additional income. Being serviced by well and septic, along with utilities being electric, this multi-unit sees very low operating costs and great cap rate potential. There is plenty of outdoor space to enjoy, and a large driveway provides tenants and guests with ample parking. Take in views at the small park along the Squamscott River at the end of the road, or take advantage of the convenient location for travel to the surrounding seacoast area and beyond.

    Sold By Chinburg Management, LLC

    • Listed by: Ryan Pettigrew • KW Coastal and Lakes & Mountains Realty
    Listing closed: 03/05/2024 12:00 AM • Source: New England Real Estate Network, MLS#: 4982551

    Location

    Add your commute

    Payment Calculator

    $3,365 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,816

    Property Taxes

    $549

    HOA Dues

    $0

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    Property Information for 61 River Road

    Property Details
    • Taxes: $6,588 / year
    • MLS Type: Multi Family
    • Parking: Driveway, Parking Spaces 5 - 10, Paved
    • Zoning: RA
    Building Information
    • Stories: 1
    • Residences: 3
    • Year Built: 1969
    • Lot Size: 1.10 AC / 47,916 SF
    Summary
    Location and General Information
    • Area Description: Near Shopping, Neighborhood, Near Hospital
    • City: Stratham
    • County: NH-Rockingham
    • Directions: GPS is correct. From Rte 101, take exit 11 to NH-108N (Portsmouth Ave), River Rd will be under a mile on your left, immediately after Exeter Subaru.
    • Latitude: 43.007074999999986
    • Longitude: -70.934678169311525
    • Road Frontage: Yes
    • Seasonal: No
    • State: NH
    • Street Designation: Road
    • Map: 8
    • Zip Code: 03885
    Taxes and HOA Information
    • Tax - Gross Amount: $6,588.00
    • Tax Year: 2022
    • Taxes TBD: No
    Parking
    • Garage: No
    • Driveway: Paved
    Virtual Tour
    Property
    Lot Information
    • Block: 000
    • Lot: 30
    • Lot - Sqft: 47916.0
    • Lot Features: Level
    • Lot Size Acres: 1.1
    • Road Frontage Length: 213.0
    • Square Feet Apx Finished Above Grade: 1624.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 1705.0
    • Square Feet Apx Total Finished: 1624.0
    • Square Feet Apx Unfinished Above Grade: 81.0
    • 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
    • Flood Zone: Unknown
    • Foundation: Slab - Concrete
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1969
    Utilities
    • Electric: 100 Amp
    • Sewer: 1000 Gallon, Septic
    • Water Source: Drilled Well
    • Utilities: Cable, Phone
    • Total Electric Meters: 3
    Interior and Exterior Features
    Exterior Features
    • Construction Materials: Wood Frame, Vinyl Siding
    • Features - Exterior: Fence - Partial, Shed
    • Roads: Dead End, Paved, Public
    • Roof: Shingle - Asphalt
    • Total Ranges: 3
    Interior Features
    • Appliances: Water Heater – Electric
    • Basement: No
    • Total Full Baths: 3
    • Flooring: Carpet, Hardwood, Vinyl Plank
    • Heat Fuel: Electric
    • Heating: Baseboard, Electric
    • Cooling: None
    • Total Refrigerators: 3
    • Total Stories: 1
    • Total Water Heaters: 3
    • Trash: Curbside, Municipal
    Multi Family
    Income & Expenses Information
    • Gross Income: $61,200.00
    • Net Income: $52,512.00
    • Operating Expense Incl: Insurance, Other, Water/Sewer
    • Operating Expense: $8,688
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 2
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 0
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Level Number: 1
    • Unit 1 Status: Owner Occupied
    • Unit 1 Apx Sqft: 616.0
    • Unit 1 Rooms: 4
    • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Sewer
    • Unit 1 Info: Range - Electric, Refrigerator, Smoke Detector, Water Heater
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 3
    • Unit 2 Status: Vacant
    • Unit 2 Level Number: 1
    • Unit 2 Apx Sqft: 504.0
    • Unit 2 Bedrooms: 1
    • Unit 2 Info: Range - Electric, Refrigerator, Smoke Detector, Water Heater
    • Unit 2 Tenant Pays: Electric, Heat, Hot Water
    Unit 3
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 3
    • Unit 3 Level Number: 1
    • Unit 3 Status: Vacant
    • Unit 3 Apx Sqft: 504.0
    • Unit 3 Bedrooms: 1
    • Unit 3 Info: Range - Electric, Refrigerator, Smoke Detector, Water Heater
    • Unit 3 Tenant Pays: Electric, Heat, Hot Water

    Property History for 61 River Road

    DateEvent & SourcePriceAppreciation
    Mar 5, 2024

    Sold (Public Record)

    Public Record #1528377605

    $545,000—
    Mar 5, 2024

    Sold

    New England Real Estate Network #4982551

    $545,000—
    Jan 21, 2024

    Pending

    New England Real Estate Network #4982551

    —
    DateEvent & SourcePrice
    03/05/2024

    Sold (Public Record)

    Public Record #1528377605

    $545,000
    03/05/2024

    Sold

    New England Real Estate Network #4982551

    $545,000
    01/21/2024

    Pending

    New England Real Estate Network #4982551

    —

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

    Public Records for 61 River Road

    Taxable ValueLand$375,100Additions$201,200Total$576,300
    Tax Record2025$7,792 ($649 / month)
    Home Facts
    Baths3Total Finished SqFt1,705 SqFtAbove Grade Finished SqFt1,705 SqFtStories1Lot Size47,916 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1969ZoningRACountyROCKINGHAMAPNSTRH M:00008 B:000030 L:000000

    Schools near 61 River Road

    This home is within Stratham School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Stratham Memorial School
    PublicPK to 5

    Cooperative Middle School
    Public6 to 8

    Exeter High School
    Public9 to 12

    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 KW Coastal and Lakes & Mountains Realty

    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 09/13/2026 12:57 AM