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Listed by Andy Yau • RE/MAX Shoreline
$ 150,000
Est. payment | /mo
871 Sqft Lot
$ 150,000
Est. payment | /mo
871 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5000024
Lot Size 871 Sqft
Acres 0.02
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning DC
Exterior
Utilities Available Cable - Available
Building
Sewer Public
