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45AB Hanson st
Rochester, NH 03867
Land For Sale · 0.21 AC

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EXECUTIVE SUMMARY

Positioned in the heart of downtown Rochester, this lot is expansive and oversized, with the potential to build an additional 7+ residential units outback, whether its for multifamily or condos. The property was a pre-existing multifamily lot and is zoned DTC which does not have a density requirement, giving the property a significant amount of versatility. Thats not all, it is the perfect candidate to reap the incredible benefits of a qualified opportunity fund.
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Immaculately remodeled in 2020, this mix-use property boasts a comprehensive renovation that encompassed all aspects of the home, from electrical and plumbing to heating, windows, roofing, siding, and beyond. You'll immediately be drawn to this property's charming curb appeal, accentuated by its bold blue vinyl siding, carefully detailed exterior wrap trim, and new decks. This unique property offers the best of both worlds, with a thriving commercial space on the ground floor and a cozy 2BR apartment above. Inside, you'll find the perfect blend of modern elegance, featuring sleek recessed lighting and exquisite luxury vinyl flooring. Fully separated utilities, featuring efficient mini-splits, including separate w&s utilities, makes it an ideal, easy low-expense investment. This ideal setup allows for a sought-after triple net lease, making it a 'set and forget' investment. Positioned in the heart of downtown Rochester, this lot is expansive and oversized, with the potential to build an additional 7+ residential units outback, whether its for multifamily or condos. The property was a pre-existing multifamily lot and is zoned DTC which does not have a density requirement, giving the property a significant amount of versatility. Thats not all, it is the perfect candidate to reap the incredible benefits of a qualified opportunity fund. Invest in up and coming Rochester, the largest city in the Seacoast by land-mass and population.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.21 AC
No. Stories 2
Year Built 1900
Opportunity Zone Yes
Zoning DTC - Development, mixed

1 LOT AVAILABLE

Lot

Price $688,655 CAD
Price Per AC $3,443,275.09 CAD
Lot Size 0.20 AC

this lot is expansive and oversized, with the potential to build an additional 7+ residential units outback, whether its for multifamily or condos.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RCHE-000120-000383
Land Assessment
$193,177 CAD
Improvements Assessment
$429,593 CAD
Total Assessment
$622,770 CAD
  • Listing ID: 29569473

  • Date on Market: 2023-09-20

  • Last Updated:

  • Address: 45AB Hanson st, Rochester, NH 03867

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