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177 Rockingham Rd 4 Unit Apartment Building $1,685,786 CAD ($421,447 CAD/Unit) 8.25% Cap Rate Auburn, NH 03032
Investment Highlights
- Rare 4-unit multifamily investment property situated on approximately 1.27 acres.
- Features 4 ranch-style residential units
Executive Summary
177 Rockingham Rd, Auburn, NH — Four-Unit Multifamily Investment Opportunity
Offered at $1,195,000, this four-unit multifamily asset presents a rare opportunity to acquire a near-turnkey property with an extensive, nearly complete capital improvement program. Recent upgrades include a new architectural roof (2025), new furnace and dual mini-split heat pump systems (2024–2025), septic line replacement with PVC (2023), a new asphalt driveway (2024), multiple new water heaters, and complete interior renovations of three of the four residential units (2022, 2024, 2026).
The property generates strong in-place income, with annual gross income of $113,040 and net operating income of $98,624, reflecting an 8.25% cap rate at the asking price. Additional upside is available through leasing the currently vacant storage unit. The unit mix includes four residential units, two garage spaces, and one storage unit.
With nearly every major building system updated — roof, mechanicals, septic, driveway, and hot water — this is a low-maintenance asset well-suited for an investor seeking durable cash flow with minimal near-term capital requirements.
Property is being sold as-is. Buyer to conduct independent due diligence on all income, expense, and physical condition matters.
Offered at $1,195,000, this four-unit multifamily asset presents a rare opportunity to acquire a near-turnkey property with an extensive, nearly complete capital improvement program. Recent upgrades include a new architectural roof (2025), new furnace and dual mini-split heat pump systems (2024–2025), septic line replacement with PVC (2023), a new asphalt driveway (2024), multiple new water heaters, and complete interior renovations of three of the four residential units (2022, 2024, 2026).
The property generates strong in-place income, with annual gross income of $113,040 and net operating income of $98,624, reflecting an 8.25% cap rate at the asking price. Additional upside is available through leasing the currently vacant storage unit. The unit mix includes four residential units, two garage spaces, and one storage unit.
With nearly every major building system updated — roof, mechanicals, septic, driveway, and hot water — this is a low-maintenance asset well-suited for an investor seeking durable cash flow with minimal near-term capital requirements.
Property is being sold as-is. Buyer to conduct independent due diligence on all income, expense, and physical condition matters.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,685,786 CAD | Building Class | C |
| Price Per Unit | $421,447 CAD | Lot Size | 1.27 AC |
| Sale Type | Investment | Building Size | 4,650 SF |
| Cap Rate | 8.25% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1940/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.94/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | COMM C2 - General Commercial District: The COMM C2 zoning district | ||
| Price | $1,685,786 CAD |
| Price Per Unit | $421,447 CAD |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 4,650 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2026 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | COMM C2 - General Commercial District: The COMM C2 zoning district |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Deck
- Dining Room
- Family Room
- Freezer
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,809 CAD | 1,415 |
| 1+1 | 2 | $2,391 CAD | 600 |
| 2+1 | 3 | $3,096 CAD | 800 |
| 1+1 | 4 | $3,661 CAD | 800 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
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Presented by
Chester Asset Management LLC
177 Rockingham Rd
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