$899,000
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32 Mill Street, Rochester, NH 03867

8 Beds
6 Baths
4,528 Sq Ft

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

  • MLS# 5036194
  • Date Listed04/14/2025
  • Days on Realty 324 Days
  • Bedrooms 8
  • Bathrooms 6 baths
  • Lot Size 1.62 acres (70,567 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County NH-Strafford
  • Year Built 1882
  • Water Public
  • Square Feet 4,528 sq. ft
  • Price Per Sq. Ft $198.54

Interior Features

  • Cooling Other
  • Heating Natural Gas, Steam

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 1.62
  • Lot Size SQFT 70,567.00
  • Lot Features Corner Lot

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NH / 03867

Source: Walkscore

7/100

Car-Dependent

Walk Score ®

31/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 24/100.

Property Change History

Property Heating updated
SteamNatural Gas, Steam

Points of Interest near 32 Mill Street, Rochester, NH 03867

Frequently Asked Questions for 32 Mill Street

Source: Realty.com

32 Mill Street, Rochester, NH 03867 is a Multi Family, Residential Income property listed for $899,000 The property is 4528 sq. ft with 8 bedrooms and 6 bathrooms

Realty.com has 39 photos of 32 Mill Street.

Our records indicate that 32 Mill Street was built in 1882.

The full address for this home is 32 Mill Street, Rochester, NH 03867.

32 Mill Street has been listed on Realty.com since Mon April 14, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 24/100.

There are 3 schools assigned to this home. Check out the schools near 32 Mill Street. East Rochester School (Grades: PK - 5), Rochester Middle School (Grades: 6 - 8), Spaulding High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Shoreline (tel: 603-431-1111)
Listing agent: Andy Yau (tel: 603-431-1111) (#620271)

This content last refreshed on 2026-03-04 16:52:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 32 Mill Street, Rochester, NH 03867 : MLS# 5036194