Listed by RE/MAX Shoreline · Andy Yau · 603-431-1111
Residential Income · Rochester, NH
32 Mill Street, Rochester, NH
$899,000
Est. $4,546/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 4,528
- Built
- 1882
- MLS®
- #5036194
Property Description
32 Mill Street brings a multi-family income property to the Rochester market at $899,000. Inside you'll find 4,528 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Also on the sheet: a 1.62-acre lot, garage parking for 2 and 1882 construction. The full photo gallery, live pricing and every MLS detail for 32 Mill Street follow below.
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.
Location Highlights
32 Mill Street is a residential income in Rochester, New Hampshire, listed at $899,000. That works out to about $199 per square foot, for a home built in 1882. It has been on the market for 19 months.
At this latitude, Rochester averages roughly 8.4 hours of sun a day in June and 3.6 in December.
Zoned schools: East Rochester School (Elementary), Rochester Middle School (Middle), Spaulding High School (High). Always confirm zoning with the district office.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- SqFt
- 4,528
- Price / SqFt
- $198.54
- Property Type
- Residential Income
- Year Built
- 1882
- County
- NH-Strafford
- Town
- Rochester, NH
- Status
- Active
- Days on Market
- 565
Primary Features
- County
- NH-Strafford
- Property Type
- Residential Income
- Year Built
- 1882
- Zoning
- R2
Interior Features
- Basement
- Yes
- Basement Access Type
- Walkout
- Basement Description
- Concrete Floor
- Cooling
- Other
- Electric
- 100 Amp Service
- Heating
- Natural Gas, Gas Heater, Steam
- SqFt-Approximate Finished Above Grade
- 4,528
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 4,528
- SqFt Approximate Total
- 4,528
Location Information
- School - District
- Rochester City School District
- School - Elementary
- East Rochester School
- School - High
- Spaulding High School
- School - Middle/Jr
- Rochester Middle School
Financial Details
- Taxes TBD
- Yes
Additional
- Construction Status
- Existing
- Construction
- Wood Frame, Vinyl Exterior
- Covenants
- No
- Flood Zone
- No
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- 2.5
- Surveyed
- Unknown
External Features
- Driveway
- Paved
- Foundation
- Brick/Mortar, Stone
- Garage
- Yes
- Garage Capacity
- 2
- Lot Features
- Corner Lot, Landscaped, Sidewalks
- Lot - Acres
- 1.62
- Lot - SqFt
- 70,567
- Road Frontage Type
- Paved, Public
- Road Frontage
- TBD
- Roof
- Shingle
- Sewer
- Public
- Utilities
- Cable
- Water Source
- Public
MLS®: PrimeMLS #5036194; Listed by RE/MAX Shoreline · Andy Yau · 603-431-1111
Property History
Estimated annual taxes for this property
- 2024
- $15,283
- 2023
- $14,901
- 2022
- $14,519
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Rochester
- 108
- Average list price
- $319,755
- Price range
- $185,000 – $445,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$6,007/ mo
- Principal & Interest
- $4,546
- Property Tax
- $1,274
- Home Insurance
- $187
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 32 Mill Street, Rochester, NH
Assigned Schools
- Elementary
- East Rochester School
- Middle
- Rochester Middle School
- High School
- Spaulding High School
- District
- Rochester City School District
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 32 Mill Street?
32 Mill Street in Rochester, NH has 4,528 square feet of finished living space.
What is the asking price of 32 Mill Street?
32 Mill Street in Rochester, NH is listed for $899,000 on PrimeMLS.
That is about $199 per square foot of finished living space.
It came on the market on April 14, 2025.
Is there a basement at 32 Mill Street?
Yes. 32 Mill Street in Rochester, NH has a basement with walkout access.
The MLS describes it as concrete floor.
Does 32 Mill Street have a garage?
32 Mill Street in Rochester, NH has a 2-car garage and a paved driveway.
What schools serve 32 Mill Street?
The MLS places 32 Mill Street in Rochester, NH in the Rochester City School District.
Listed schools: East Rochester School (elementary), Rochester Middle School (middle) and Spaulding High School (high).
School assignments can change; confirm with the district.
Is 32 Mill Street still available?
Yes. 32 Mill Street in Rochester, NH is listed as Active on PrimeMLS (MLS #5036194).
Status can change quickly; contact us to confirm availability before you visit.
Who is the listing agent for 32 Mill Street?
32 Mill Street in Rochester, NH is listed by Andy Yau of RE/MAX Shoreline (603-431-1111).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 32 Mill Street?
32 Mill Street in Rochester, NH is a multi-family income property built in 1882.
The MLS lists its style as Multi-Family, Multi-Level, with 2.5 stories.
Where is 32 Mill Street located?
32 Mill Street is in Rochester, New Hampshire 03867, in Strafford County.
Location notes from the MLS: sidewalks.
How much land comes with 32 Mill Street?
32 Mill Street in Rochester, NH sits on 1.62 acres, per the MLS.
The lot is described as corner lot and landscaped.
Zoning: R2.
The MLS lists it as outside a flood zone.
How is 32 Mill Street heated?
32 Mill Street in Rochester, NH is heated by natural gas, gas heater and steam, per the MLS.
Does 32 Mill Street have town water and sewer?
32 Mill Street in Rochester, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 100 amp service.
Other utilities: cable.
How does the price of 32 Mill Street compare with other Rochester listings?
At $899,000, 32 Mill Street in Rochester, NH is priced above the $499,900 median asking price of the 15 multi-family properties for sale in Rochester on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How do I schedule a showing of 32 Mill Street?
To see 32 Mill Street in Rochester, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended 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. Data last updated 11/03/26.