47A Hanson ST Active Save Request In-Person Tour Request Virtual Tour
Rochester,NH 03867
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5000024
Lot Size 871 Sqft
Acres 0.02
Property Description
Underpriced pre-existing multifamily lot in the heart of downtown. Purchase this property as a package with MLS #4995411. The new owner could increase the lot size and boundary lines with the property next door, to fit a larger new structure. Alternatively fix the existing structure with low costs due to its small size. The property is in need of extensive rehab, but could be an opportunity as a brrrr candidate. Downtown commercial zoning offers no setback requirements and relaxed density requirements for potential additional units. This is the perfect candidate to reap the incredible benefits of a qualified opportunity fund, and local 79E tax benefits. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, with major projects like the ridge expansion and the Hoffman project, solidifying its position as the leading seacoast city for construction starts. Offers as a package will take precedence.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning DC
Exterior
Utilities Available Cable - Available
Building
Sewer Public