47 Hanson Street Rochester, NH 03867

Multi-Family Residence

Beds

Baths

748 Sq. Ft.

0.02 Acre Lot

Property Activity

Time on Site

days

Days on Market

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Last updated on 12/26/2024 7:58 AM

Listing Details

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 #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. Continue reading

MLS#

4997617

Property Type

Multi-Family

Year Built

1900

Square Feet

748 sq. ft

Price per Sq. Ft.

$200.53

Lot Size

0.02