Downtown Rochester Multifamily
For Sale
Contact for pricing
47AB Hanson St, Rochester, NH 03867
Mix use duplex or multifamily lot in downtown Rochester.
Property SizeContact for details
Days on Market1075
Property Features for 47AB Hanson St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Remax Shoreline Commercial
(603) 969-6216
Listed By:
Andy Yau · License #NH 074320
Source:
Crexi
Added: Sep 12, 2023
Changed: Aug 8
Last Checked: Aug 8 at 11:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Shoreline Commercial
Investment Insights
Based on property information with market context.
This property presents an opportunity to acquire an underpriced pre-existing multifamily lot or a fixer-upper mix-use duplex in downtown Rochester. The property is located in a downtown commercial zone, which offers relaxed density requirements and no setback requirements, potentially allowing for additional units. The property requires extensive rehabilitation. Located in Rochester, the largest city in the Seacoast region by land-mass and population, the property is positioned to benefit from ongoing development activity, including projects like the ridge expansion and the Hoffman project. This location may qualify for opportunity fund and local 79E tax benefits.
Key Highlights
- Downtown commercial zoning with no setback requirements and relaxed density, allowing for potential additional units.
- Opportunity to increase lot size and boundary lines by purchasing as a package with MLS #4968544, enabling a larger new structure.
- Potential to reap benefits from a qualified opportunity fund and local 79E tax benefits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Mix use duplex or multifamily lot in downtown Rochester.
Where is this residential land & home lot located?
The property is located at 47AB Hanson St Rochester, NH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Downtown commercial zoning with no setback requirements and relaxed density, allowing for potential additional units.; Opportunity to increase lot size and boundary lines by purchasing as a package with MLS #4968544, enabling a larger new structure.; Potential to reap benefits from a qualified opportunity fund and local 79E tax benefits.
