Listed by Stephen Kelley • EXP Realty (Cell: 603-312-4832). Bought with REAL Broker NH, LLC.
Off Market Dec 2024 for $705K
$805,308
8
bd
•
4 ba
•
3,505
sq ft
580 Salmon Falls Rd, Rochester, NH 03868
About this home
Investment Opportunity! Welcome to 580 Salmon Falls Rd, a well-maintained multi-family property ideally located for savvy investors. This solid investment offering a total of 9 bedrooms and 4 bathrooms across 4 spacious units. Building has brand new furnace/mini split and new furnace. Replacement windows and new siding. Each unit boasts washers and/or dryers and certified lead abatement, ensuring tenant satisfaction and ease of management. Situated on a 1.1 acre lot, this property includes plenty of off street parking spaces providing tenants with convenience and comfort. Located between downtown and East Rochester, this property offers tenants easy access to everything Rochester has to offer. Whether you're a seasoned investor or looking to start your portfolio, 580 Salmon Falls Rd presents a fantastic opportunity. Schedule your showing today and seize this investment potential! Seller is delaying showings till open house Sat 13th 1-3pm and Sunday 14th 1-3pm.
This remodeled and updated 4 unit building has all 2 bedroom units, all units are rented and have one year leases. The building sits on 1.1 acres and is a great location.
PrimeMLS #4000898
Jul 15, 2010
Sold
$116,500
$33/sq ft
May 25, 2010
Listed
$86,900
$25/sq ft
Great project for investment. This 4 unit needs some updating and TLC but has lots of space and more potential with the barn. This is a Fannie Mae HomePath property, purchase this property for as little as 3% down! Owner Occupied buyers close before June 30 and receive an extra 3.5% in closing costs or appliances!
PrimeMLS #156255
Oct 22, 2004
Sold
$379,900
$108/sq ft
Jun 28, 2004
Listed
$379,900
$108/sq ft
PrimeMLS #812683
Sep 11, 2001
Sold
$155,000
$44/sq ft
Aug 1, 2001
Delisted
—
Jul 16, 2001
Listed
$164,900
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,513 (+3.0%)
$137,800 + $549,300
$687,100
2024
$10,203 (+25.7%)
$137,800 + $549,300
$687,100
2023
$8,116 (+1.8%)
$45,300 + $270,000
$315,300
2022
$7,971 (+2.6%)
$45,300 + $270,000
$315,300
2021
$7,772 (−0.3%)
$45,300 + $270,000
$315,300
2020
$7,792 (−1.2%)
$45,300 + $271,300
$316,600
2019
$7,883 (+30.1%)
$45,300 + $271,300
$316,600
2018
$6,057 (+4.5%)
$45,200 + $174,900
$220,100
2017
$5,795 (−12.5%)
$45,200 + $174,900
$220,100
2016
$6,624 (+0.4%)
$45,200 + $189,200
$234,400
2015
$6,598 (+4.6%)
$45,200 + $189,200
$234,400
2013
$6,308
$60,300 + $179,000
$239,300
Tax history for 580 Salmon Falls Rd
Year
Property tax
Land + Additions
Assessment*
2025
$10,513 (+3.0%)
$137,800 + $549,300
$687,100
2024
$10,203 (+25.7%)
$137,800 + $549,300
$687,100
2023
$8,116 (+1.8%)
$45,300 + $270,000
$315,300
2022
$7,971 (+2.6%)
$45,300 + $270,000
$315,300
2021
$7,772 (−0.3%)
$45,300 + $270,000
$315,300
2020
$7,792 (−1.2%)
$45,300 + $271,300
$316,600
2019
$7,883 (+30.1%)
$45,300 + $271,300
$316,600
2018
$6,057 (+4.5%)
$45,200 + $174,900
$220,100
2017
$5,795 (−12.5%)
$45,200 + $174,900
$220,100
2016
$6,624 (+0.4%)
$45,200 + $189,200
$234,400
2015
$6,598 (+4.6%)
$45,200 + $189,200
$234,400
2013
$6,308
$60,300 + $179,000
$239,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
—
Sq. Ft.
3,539
Year built
1882
Style
Multi-Family (5+ Unit)
County
Strafford County
APN
197379
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
R-1
Residential-1 District
The primary goals of the R Districts are: To enhance these older residential areas through sensitive, small-scale infill construction, building renovation, and redevelopment and To foster new development in remaining open areas.; The R1 District is intended to allow single-family neighborhoods and thus allows single-family use with few other allowed uses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Property details
Parking
Parking & Garage
Garage Capacity: 1
Interior
Basement Information
Basement: Yes
Basement Access: Interior
Equipment & Appliance Information
Appliances: Water Heater – Electric
Multi-Unit Information
Unit Lease Term: Annual
Total Units: 4
# of 2 Bedroom Units: 4
# of Baths (full): 4
Parking: Detached, Parking Spaces 5 - 10
Sewer: Public
Electric: 100 Amp, 60 Amp, Circuit Breaker(s)
Foundation: Block, Stone
Roof: Shingle - Asphalt
Driveway: Paved
Heating: Baseboard
Cooling: None
Basement Description: Bulkhead, Full
Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Heat Included
Unit 1 Lease Term: Annual
Unit 1 Level Number: 1&2
Unit 1 Rooms: 4
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Level Number: 2
Unit 2 Rooms: 4
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 2
Unit 3 Lease Term: Annual
Unit 3 Level Number: 1
Unit 3 Rooms: 4
Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Lease Term: Annual
Unit 4 Level Number: 1&2
Unit 4 Rooms: 4
Exterior
Building Information
Architectural Style: Conversion
Construction Status: Existing
Construction Materials: Wood Frame, Clapboard Exterior
Approximate Sq. Ft. Total Finished: 3505
Approximate Sq. Ft. Total: 9930
Lot, Zoning, & Easement Information
Lot: 0
Lot Features: Country Setting
Income Information
Net Income: $44,086
Other Property & Lot Information
Year Built: 1882
Financial
Assessment Information
Assessment Amount: 315300
Assessment Year: 23
Tax Information
Tax Year: 2024
Gross Amount Tax: 8116
Taxes TBD: Unknown
Other Tax Information
Page Deed: 670
Utilities
Trash Information
Curbside
Water Information
Water Source: Public
Other Utilities Information
Internet: Internet - Cable
Cable - Available
Varies
Location
School Information
School District: Rochester
School - High: Spaulding High School
Road Information
Road Frontage: Yes
Road Frontage Length: 100
Other Location Information
Directions: From South: Continue onto NH-16 N/US-202 E/Spaulding Turnpike. Take exit 16 to merge onto NH-11 E/US-202 E/Spaulding Tpk Connector toward NH-125/E Rochester/Sanford ME. Slight right to merge onto NH-11 E/US-202 E toward E Rochester/Sanford. Turn right onto Salmon Falls Rd. House will be on left.
Block: 2
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,539
Stories: 2.0
Lot Size: 1.1 acres
Style: Multi-Family (5+ Unit)
Year Built: 1882
Year Renovated: —
County: Strafford County
APN: 197379
Home facts updated by county records on Aug 5, 2026