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Affordable fixer upper mix use duplex or an underpriced pre-existing multifamily lot in the heart of downtown. Purchase this property as a package with MLS #4968544. 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.

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Basic Information

  • StatusACT
  • List Price$150,000
  • Date Price Change09/07/2023
  • MLS Number4969009
  • MLS StatusActive

Property

  • Acreage0.02
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet748
  • APX Fin AG Sqft748
  • RoadsPaved, Public

Other

  • Seasonal Y/NNo
  • Date Listed09/07/2023
  • View Count1

Location

  • TownRochester
  • StateNH
  • Zip03867
  • CountyStrafford
  • ZoningDTC
  • Flood Zone Y/NNo

Exterior

  • ExteriorClapboard, Vinyl
  • RoofShingle - Asphalt

Utilities

  • Heat FuelGas - Natural
  • Heat SystemForced Air
  • WaterPublic
  • Water HeaterElectric
  • Electric100 Amp
  • SewerPublic
  • UtilitiesCable - Available

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units2
  • Unit 1 Bath1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • # of 1 Bedrooms1
  • BasementConcrete Floor, Unfinished
  • FoundationOther

Amenities

  • PricePerSqFt200.53

Map Location

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Broker Reciprocity 

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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 November 29, 2023 8:23 PM EST

 

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