Listing courtesy of Andy Yau, RE/MAX By The Bay Phone: 603-431-1111


47A Hanson Street, Rochester, NH, 03867

47A Hanson Street, Rochester, NH, 03867

871 sqft

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.


Status:

Active

Type:

Lot / Acreage

Zoning:

DC

Acreage:

0.02

Lot Description:

City Lot

MLS #:

5000024


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