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.
Property Details
Property Features
Property Information:
Year Built: 1882
Stories: 2
Living Area: 7,929 SqFt
Listing Office:
Office Name: KW Coastal and Lakes & Mountains Realty
Office Phone: (603) 610-8500
Listing Agent: Christopher Dunn
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Carpet, Tile, Vinyl, Wood
Exterior Features
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.51 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: GPS is accurate
Price Information
Listing Price Info
Price Summary:
List Price: $1,799,900
Price Per SqFt: $227/SqFt
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Housing Market Comparison
See how this home compares to others in Rochester, NH.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/8/2024, 3:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
William Allen School
23 Granite St
Distance between this listing and this school0.11 miles
Public District Grades KG-5
4
/10
Maple Street Magnet School
27 Maple St
Distance between this listing and this school0.35 miles
Public Magnet Grades KG-5
3
/10
School Street School
13 School St
Distance between this listing and this school0.60 miles
Public District Grades KG-4
Nearby Schools
2
/10
Rochester Middle School
47 Brock St
Distance between this listing and this school0.65 miles
Public District Grades 6-8
5
/10
Somersworth Middle School
7 Memorial Dr
Distance between this listing and this school6.12 miles
Public District Grades 6-8
6
/10
Barrington Middle School
51 Haley Dr
Distance between this listing and this school6.40 miles
Public District Grades 5-8
Nearby Schools
4
/10
Spaulding High School
130 Wakefield St
Distance between this listing and this school0.82 miles
Public District Grades 9-12
1
/10
Bud Carlson Academy
Rochester School Department
Distance between this listing and this school1.82 miles
Public District Grades 9-12
3
/10
Somersworth High School
11 Memorial Dr
Distance between this listing and this school6.01 miles
The neighbors living near this home have an average income of $37,694. The most common annual income of people living in Rochester, NH is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7-9 Ela Ct
What is the listing price of this property?
The listing price of 7-9 Ela Ct property is $1,799,900.
What type of property is this?
The property 7-9 Ela Ct is land located in Rochester, New Hampshire, 03839.
Is this property for sale now?
Active Listing: 7-9 Ela Ct is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 7-9 Ela Ct in Rochester, NH and zip code 03839. This 7,929 square foot home, which was built in 1882, sits on a 0.51 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,799,900.
The inventory of homes for sale in Rochester, NH between March 2024 and April 2024 increased by 131.3%. While the average time on the market in April 2024 was 38 days, the median list price was $439,000.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. 
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