Owner's Auction
4-Unit, Multi-Family Property
Rochester, New Hampshire
4-Unit, Multi-Family Property
11 Jackson Street
Rochester, New Hampshire
Friday, October 2nd at 2:00 p.m.
Owner's Auction With Minimum Bid: $125,000
Pride of ownership shows throughout this 4-unit property having two 2-bedroom units, one 1-bedroom unit and one 1-bedroom/efficiency unit. Owned by the current owner for 22 years, this property would serve an investor or an owner-occupant well. It has been superbly maintained and features spacious units with eat-in kitchens, private entrances, separate utilities and ample on-site parking. Property fronts on both Jackson Street and Washington Street. The roof was replaced in 1995. Located close to downtown and the Spaulding Turnpike. All the units are currently rentable, but are vacant by the owner’s choice.
Annual Real Estate Taxes: $4,226. Annual Property Insurance: $1,662
Town Reference: Map 121, Block 224 Assessed Value: $211,400 Zoned: B-1
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OPEN HOUSES: Wednesday, September 16th from 4:00 to 6:00 p.m., Friday, September 25th from 11:00 a.m. to 1:00 p.m. and Wednesday, September 30th from 4:00 to 6:00 p.m.
TERMS: A $10,000. deposit by certified check or bank check (by personal check with prior approval) at time and place of sale is required to bid (unsuccessful bidders’ deposits to be returned immediately following the sale). A 10% Buyer’s Premium will be added to the high bid to become the total purchase price. The balance of the purchase price will be due at closing within 45 days of the auction. The property will be sold subject to all Terms of Sale. The Sale is Per Order of the Owner, and is offered Subject to a Minimum Bid of $125,000.
DIRECTIONS: Take Exit 13 of the Spaulding Turnpike towards downtown Rochester. Go ½ mile and at the stop sign turn right onto North Main Street and then an immediate right onto Jackson Street. Property is third property on right.
TERMS: A $10,000. deposit by certified check or bank check (by personal check with prior approval) at time and place of sale is required to bid (unsuccessful bidders’ deposits to be returned immediately following the sale). A 10% Buyer’s Premium will be added to the high bid to become the total purchase price. The balance of the purchase price will be due at closing within 45 days of the auction. The property will be sold subject to all Terms of Sale. The Sale is Per Order of the Owner, and is offered Subject to a Minimum Bid of $125,000.
DIRECTIONS: Take Exit 13 of the Spaulding Turnpike towards downtown Rochester. Go ½ mile and at the stop sign turn right onto North Main Street and then an immediate right onto Jackson Street. Property is third property on right.
Ref.#9PM-43
Auction Documents
(Right Click 'Save Link As' to download)Auction Postcard
Buyer Broker Form