7-9 Ela Court
7-9 Ela Court
Rochester, NH 03867
$1,799,900
Price
17
Beds
9
Baths
7,929 Sq. Ft.
$227 / Sq. Ft.
7,929
Sq. Ft.
$227
per Sq. Ft.
Description
9-Unit 8.85% Cap Rate Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 8.85% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.9-Unit 8.85% Cap Rate Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 8.85% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.
- Listed by Christopher Dunn • KW Coastal and Lakes & Mountains Realty
Property Details for 7-9 Ela Court
Water Body Type
River
Water ViewYes
Zoningresidential
Location
Listing Courtesy of KW Coastal and Lakes & Mountains Realty
Add your commute
LISTING UPDATED: 04/26/2024 09:01 PM
Property Details for 7-9 Ela Court
| Status | Active |
|---|---|
| MLS # | 4992989 |
| Days on Market | 29 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1882 |
| Lot Size | 0.51 AC / 22,215 SF |
| County | Strafford County |
Location
Listing Courtesy of KW Coastal and Lakes & Mountains Realty
Add your commute
Building Information for 7-9 Ela Court
Stories2Residences9Year Built1882Building Size-Lot Size0.51 AC / 22,215 SF
Payment Calculator
$9,823 per month
30 year fixed, 7.25% Interest
Principal and Interest
$9,823
Property Taxes
—
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7-9 Ela Court
Summary
Location and General Information
- City: Rochester
- County: NH-Strafford
- Directions: GPS is accurate
- Latitude: 43.301586000000022
- Longitude: -70.977862915344232
- Road Frontage: TBD
- Seasonal: No
- State: NH
- Street Designation: Court
- Map: 0124
- Zip Code: 03839
Taxes and HOA Information
- Taxes TBD: Unknown
Parking
- Garage: Yes
- Garage Capacity: 4.00
- Driveway: Paved
Property
Lot Information
- Block: 0038
- Lot: 0000
- Lot - Sqft: 22216.0
- Lot Features: Level, River, River Frontage
- Lot Size Acres: 0.51
- Square Feet Apx Finished Above Grade: 7929.0
- 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: 12595.0
- Square Feet Apx Total Finished: 7929.0
- Square Feet Apx Unfinished Above Grade: 1257.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 3409.0
- Square Feet Apx Unfinished BG Source: Public Records
- Water Body Name: Cocheco River
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: Unknown
- Foundation: Block, Brick, Concrete, Fieldstone, Granite
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1882
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available
- Total Electric Meters: 9
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame
- Roads: Paved
- Roof: Shingle - Asphalt
- Total Ranges: 9
Interior Features
- Appliances: Water Heater – Domestic, Water Heater – Electric
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete, Stairs - Interior, Unfinished, Stairs - Basement
- Total Full Baths: 9
- Flooring: Carpet, Tile, Vinyl, Wood
- Heat Fuel: Gas - Natural
- Heating: Hot Air
- Cooling: Central AC
- Total Refrigerators: 9
- Total Stories: 2
Multi Family
Income & Expenses Information
- Gross Income: $181,500.00
Multi-Family Information
- Total Units: 9
- Total 1 BR Units: 1
- Total 2 BR Units: 4
- Total 3+ BR Units: 4
- Total Heat Units: 9
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 Rooms: 6
- Unit 1 Rental Amount: $2,250.00
- Unit 1 Tenant Pays: Electric, Heat
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Baths: 1
- Unit 2 Rooms: 5
- Unit 2 Status: Leased
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 3
- Unit 2 Rental Amount: $1,900.00
- Unit 2 Tenant Pays: Electric, Heat
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 5
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,625.00
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 5
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Rental Amount: $1,600.00
Unit 5
- Unit 5 Rental Agreement: Yes
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Leased
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 2
- Unit 5 Rooms: 5
- Unit 5 Lease Term: Annual
- Unit 5 Rental Amount: $1,600.00
- Unit 5 Tenant Pays: Electric, Heat
Unit 6
- Unit 6 Rental Agreement: Yes
- Unit 6 Lease Term: Annual
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 2
- Unit 6 Rooms: 5
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Status: Leased
- Unit 6 Rental Amount: $1,600.00
- Unit 6 Tenant Pays: Electric, Heat
Unit 7
- Unit 7 Bedrooms: 2
- Unit 7 Rooms: 4
- Unit 7 Baths: 1
- Unit 7 Rental Agreement: Yes
- Unit 7 Lease Term: Annual
- Unit 7 Rental Amt Freq: Monthly
- Unit 7 Status: Leased
- Unit 7 Rental Amount: $1,350.00
- Unit 7 Tenant Pays: Electric, Heat
Unit 8
- Unit 8 Baths: 1
- Unit 8 Rental Amount: $1,300.00
- Unit 8 Rental Agreement: Yes
- Unit 8 Lease Term: Annual
- Unit 8 Rental Amt Freq: Annually
- Unit 8 Status: Leased
- Unit 8 Bedrooms: 1
- Unit 8 Rooms: 3
- Unit 8 Tenant Pays: Electric, Heat
Property History for 7-9 Ela Court
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7-9 Ela Court
This home is within Rochester School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of KW Coastal and Lakes & Mountains Realty
Copyright 2024 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 05/24/2024 07:31 AM
