Log In/Sign Up
Your email has been sent.
2 Pleasant St Victorian Triplex 2 Pleasant St 6 Unit Apartment Building $549,900 ($91,650/Unit) Rochester, NH 03867
Investment Highlights
- Excellent Curb Appeal with a New Roof, New Siding, New Windows and more
- TWO separate buildings — the main duplex (2,544 SF) and a carriage house (816 SF)
- Tenants are located in the heart of downtown and are only steps away from Spaulding high, restaurants, convenience stores, major routes & more
- Iconic Triplex with a potential cap rate over 11.27%
- Character abound with stunning hardwood floors featuring select pine, crown molding, and tray ceilings.
- Owners enjoy plenty of parking, young heating systems, and separate utilities
Executive Summary
This long-admired Victorian-era triplex is the one you’ve driven by thousands of times — a rare opportunity for proud ownership by an investor or owner-occupant, with a potential cap rate over 11.27%. Situated on a spacious .3-acre corner lot with TWO separate buildings — the main duplex (2,544 SF) and a carriage house (816 SF). Exuding excellent curb appeal, it features a new roof, sharp new blue vinyl siding, and new windows. Tour through the main house’s lower unit and experience its character with stunning hardwood floors featuring select pine, crown molding, and tray ceilings. This nearly 1,500 SF unit offers a spacious multi-room layout with room for both living and dining areas, or potential to expand/convert for additional income. The carriage house offers privacy with beautiful hardwood floors, wood trim, and open-concept living. It features an open loft bedroom upstairs along with its own dedicated driveway and parking. The third unit, located in the main house, is a townhouse-style layout spanning three levels, complete with a nice front porch and fenced-in outdoor area. The current long-term tenant provides immediate income, though the unit needs work and offers a strong value-add opportunity for the new owner to update and build equity. Owners enjoy plenty of parking, young heating systems, and separate utilities. That is not all, the location can not get any better, as tenants are located in the heart of downtown and are only steps away from Spaulding high, restaurants, convenience stores, major routes and more. Also enjoy being just minutes away from Hanson Pines walking trails and the Cocheco River. Private showings on Friday between 4-6PM and Saturday 1-3PM.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $549,900 | Lot Size | 0.30 AC |
| Price Per Unit | $91,650 | Building Size | 3,360 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1881/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.79/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R2 - R2 | ||
| Price | $549,900 |
| Price Per Unit | $91,650 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,360 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1881/2026 |
| Parking Ratio | 1.79/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - R2 |
Amenities
Site Amenities
- Gas Range
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 1+1 | 3 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | RCHE-000116-000198 | Improvements Assessment | $518,000 (2025) |
| Land Assessment | $96,800 (2025) | Total Assessment | $614,800 (2025) |
Property Taxes
Parcel Number
RCHE-000116-000198
Land Assessment
$96,800 (2025)
Improvements Assessment
$518,000 (2025)
Total Assessment
$614,800 (2025)
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
2 Pleasant St Victorian Triplex | 2 Pleasant St