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$500,000
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Property Description
Cash flow, upgrades, and awesome tenants-this three-unit property features a potential cap rate over 15%. Boasting large apartments totaling 3,508 square feet, there is also a top floor ready for a potential additional unit or expansion. Tour the units to experience updates throughout, including newer flooring, kitchens with granite countertops, stainless steel appliances, and in-unit washers and dryers that stay with the building. The bathrooms have also been refreshed with newer flooring, tubs, and vanities. The building itself is well-maintained, boasting a newer metal roof, some updated windows, and recent exterior doors and heating systems. Outside, tenants have ample parking. A detached garage with an automatic electric door and workshop sits on the property, which is gated for privacy. The seller appreciates the corner lot, separate utilities, and tenants with a strong rental history, all backed by full security deposits.Tenants enjoy being on a quiet street located close to city restaurants, convenient commutes, parks, schools and more. PRIVATE showings on Friday 4-6PM & Saturday 11-1PM & Monday 4-6PM
Full Property Details
Full Property Details for 46-48 Lafayette St
General
- Sold For: $500,000
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5078812
- Added to Site: 64 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Strafford
Heating & Cooling
- Cooling Type: Other
- Heating Type: Boiler
Utilities
- Sewer: Public
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Full
- Roof: Metal
- Stories/Levels: 3
- Finished Total: 3,508 Sq. Ft.
- Finished Above Grnd: 3,508 Sq. Ft.
- Year Built: 1901
Unit Information
- 1 Bedroom Units: 1
- 3 Bedroom Units: 2
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $139.68
Disclosures and Reports
- Block: 49
Listed by RE/MAX Shoreline, Andy Yau
Sold by RE/MAX Shoreline, Andy. Yau
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Schools
Schools serving 46-48 Lafayette St
School District:Rochester School District, Rochester, NH
| Name | Grades | Distance |
|---|---|---|
Rochester Middle School 47 Brock Street, Rochester, NH 03867 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 46-48 Lafayette St
Date
Details
Price
Change
Source
4/21/2026
Sold
$500,000
2.04%
MLS
3/10/2026
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
46-48 Lafayette Street, Rochester, NH 03867 (MLS# 5078812) is a Multi-Family property that was sold at $500,000 on April 21, 2026. Want to learn more about 46-48 Lafayette Street? Do you have questions about finding other Multi-Family real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

