47AB Hanson St Rochester, NH 03867
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Mixed-use land, rehab opportunity, downtown location.
Property Features for 47AB Hanson St
General Information
- Property type
- Land
Listing Agency: RE/MAX Shoreline Listing Agent: Andy Yau
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 0.02-acre commercial and residential land parcel, located at 47AB Hanson St, Rochester, NH 03867 (43.3046218, -70.9745917), is listed for $150,000. Currently featuring a small, multifamily structure requiring extensive rehabilitation, this property presents a unique investment opportunity. The existing building could be renovated at a relatively low cost due to its small size, making it a potential "BRRRR" candidate. Alternatively, the property's downtown commercial zoning allows for expansion. The new owner could potentially increase the lot size by combining it with the adjacent property, enabling the construction of a larger structure. This location benefits from relaxed density requirements and no setback requirements, offering significant development potential. The property is situated in Strafford County, within Rochester, New Hampshire's thriving downtown area, experiencing significant growth with projects like the Ridge expansion and the Hoffman project. This investment is further enhanced by the possibility of utilizing Qualified Opportunity Fund (QOF) benefits and potential local 79E tax benefits. Consider purchasing this property as a package with MLS #4968544. Offers to purchase as a package will be given priority.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.9745917
- Latitude
- 43.3046218
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FAQs
What type of property is this?
Land - Mixed-use land, rehab opportunity, downtown location.
Where is this land 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: Just Listed! $150,000 mixed-use duplex in downtown Rochester, NH.; 0.02-acre lot with existing multifamily structure requiring renovation; potential BRRRR opportunity.; Downtown commercial zoning allows for expansion; lot size could be increased by combining with adjacent property (MLS #4968544; package offers prioritized).
