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$399,900
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Property Description
BACK ON MARKET DUE TO FINANCING! Their loss your gain. Look no further for the ideal triplex investment in sought-after Gonic, Rochester, boasting incredible Cocheco River views. This is the perfect opportunity for an owner occupant or value-add, with a current cap rate of ~9% and a potential cap rate exceeding 13%. The building impresses with its sharp siding and a young roof, enhancing its curb appeal. Tenants enjoy Cocheco River frontage right from the steps of their large backyard, and 180 degree views from their units. Canoe and fish at the river right from their convenience. The building is well maintained by the tenants who enjoy living in the space. Tour the units and experience its character, featuring beautiful hardwood floors, tin ceilings, exposed wood beams, and crown molding. The property benefits from low expenses thanks to separate utilities and there is parking on an adjacent lot. That is not all, enjoy being in the Gonic school district, with proximity to the public school and pool. Act fast as this will not last. Enjoy the convenience of location being 2.5 miles to downtown Rochester, .5 miles to route 16, 20 miles to Portsmouth.
Full Property Details
Full Property Details for 58 Pickering Rd
General
- Sold For: $399,900
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5042401
- Added to Site: 302 day(s) ago
Location
- County: Strafford
Heating & Cooling
- Cooling Type: Other
- Heating Type: Propane, Hot Water
Utilities
- Sewer: Public
- Separate Meters: Yes
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete, Concrete Floor, Interior Stairs, Walkout
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Finished Total: 2,370 Sq. Ft.
- Finished Above Grnd: 2,370 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 2
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: NEIGH MIX
Financial Considerations
- Price Per Sq. Ft.: $168.73
Disclosures and Reports
- Block: 28
Listed by RE/MAX Shoreline, Andy Yau
Sold by Keller Williams Realty-Metropolitan, Stephanie. Shively
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Schools
Schools serving 58 Pickering Rd
School District:Rochester School District, Rochester, NH
| Name | Grades | Distance |
|---|---|---|
Gonic School 10 Railroad Ave., Rochester, NH 03839 | K-5 | 0.2 mi |
Rochester Middle School 47 Brock Street, Rochester, NH 03867 | 6-8 | 1.6 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 58 Pickering Rd
Date
Details
Price
Change
Source
3/09/2026
Sold
$399,900
—
MLS
5/22/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
58 Pickering Road, Rochester, NH 03867 (MLS# 5042401) is a Multi-Family property that was sold at $399,900 on March 09, 2026. Want to learn more about 58 Pickering Road? 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.

