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12496822
12566413

45AB Hanson St, Rochester, NH 03867 For Sale

AY
NH NH 074320, ME ME BA922374
Remax Shoreline Commercial
Listed by Remax Shoreline Commercial
$499,900
1041 days on market
Updated 8 days ago

45 Hanson St

Details
Property Type Land
Sub Type Commercial, Residential
Pro-Forma Cap Rate 7.04%
Pro-Forma NOI $35,191
Acreage 0.200
Zoning DC

Mix use lot with potential to build an additional 7+ residential units | Attached mix use duplex

Marketing description

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. 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. 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.

Investment highlights

Learn More: www.45hanson.com

Video Tour: https://www.youtube.com/watch?v=4pMtX9cH2a0

◉ Completely Remodeled in 2020, from the whole interior, heating, plumbing, heating, roof, siding, windows and beyond

◉ Oversized lot for Downtown with the Potential to build an additional 7+ units outback

◉ Zoning offers flexible density and parking requirements

◉ Lot is a pre-existing multifamily

◉ Perfect easy investment with low expenses

Listing Contacts

AY
NH NH 074320, ME ME BA922374
Remax Shoreline Commercial
Listed by Remax Shoreline Commercial

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Additional Information

Name
Andy Yau
License
NH 074320
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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