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Listed by Andy Yau • RE/MAX Shoreline
$ 499,900
Est. payment | /mo
8,712 Sqft Lot
$ 499,900
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5000025
Lot Size 8,712 Sqft
Acres 0.2
Property Description
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. 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. 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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning DTC
Exterior
Utilities Available Cable - Available
Building
Sewer Public
