Last Sold Price
4 beds1,624 sqft$336/sqft
61 River Rd, Stratham, NH 03885

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.
LISTING CLOSED: 03/05/2024 12:00 AM

  1. Listed by Ryan Pettigrew • KW Coastal and Lakes & Mountains Realty

Sold By Chinburg Management, LLC

Property Details for 61 River Road

Status
MLS #
4982551
Days on Market
4
Taxes
$6,588 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1969
Lot Size
1.10 AC / 47,916 SF
Parking
Driveway, Parking Spaces 5 - 10, Paved
Zoning
RA

Location

Add your commute

Building Information for 61 River Road

Stories1Residences3Year Built1969Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$3,319 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,770

Property Taxes

$549

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 61 River Road

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.

Similar Homes

New listings in 03885

$1,987,000 | 2 Windsong Place, Stratham, NH 03885
1/41
Under Contract

$1,987,000

4
Bedrooms
3,907
Square Feet
2
Acres
$799,000 | 21 Peninsula Drive, Unit 21, Stratham, NH 03885
1/35
Listed By Coldwell Banker Realty

$799,000

2
Bedrooms
2,690
Square Feet
$515,000 | 26 Pheasant Run Lane, Stratham, NH 03885
1/37

$515,000

2
Bedrooms
1,800
Square Feet
$449,900 | 217 Portsmouth Avenue, Stratham, NH 03885
1/19
Active Under Contract

$449,900

3
Bedrooms
2,272
Square Feet
0.48
Acres
$1,695,000 | 12 Long Hill Road, Stratham, NH 03885
1/49
Active Under ContractVirtual Tour

$1,695,000

4
Bedrooms
3,955
Square Feet
2.03
Acres
$1,200,000 | 14 Winding Brook Drive, Stratham, NH 03885
1/60

$1,200,000

3
Bedrooms
3,926
Square Feet
1.29
Acres
$1,595,000 | 3 Oak Lane, Stratham, NH 03885
1/58

$1,595,000

4
Bedrooms
6,303
Square Feet
4.35
Acres
$939,000 | 1 Bartlett Road, Stratham, NH 03885
1/60

$939,000

3
Bedrooms
3,489
Square Feet
1.09
Acres
$599,000 | 7 Squamscott Road, Stratham, NH 03885
1/46
Active Under Contract

$599,000

4
Bedrooms
1,876
Square Feet
0.91
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 61 River Road, Stratham, NH 03885
$545,000
4
1,624
47,916
$308,400
3
2,003
43,124
$344,000
3
1,736
44,431
3.5
3,521
42,253
$360,000
4
2,708
59,241
$420,000
3
2,042
53,143

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 08/13/2026 06:56 PM