47 Hanson Street Rochester NH Multi Family For Sale $150000

List Price: $150,000 | $201 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 1 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday May 28, 2024 | MLS# 4997617

Address: 47 Hanson Street Rochester NH
Listed by Andy Yau RE/MAX Shoreline
Description:
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.

Annual Expenses

Taxes: $0

Income

Roof: Shingle - Asphalt
Seasonal: No

Heating: Natural Gas | Forced Air
Cooling: Other
Electric: 100 Amp
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: Public

Land Information
City Lot
Lot size: 0.02 acres
Zoned: DTC)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Driveway: Other

Additional Information
Block - 0382
Taxes $0
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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