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8 Wallace StreetRochester, NH 03867MLS Number 4907978

  • Price: $279,900
  • Est. Mortgage of $/month
  • 218 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
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Active with Contract
8 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 038678 Wallace Street Rochester NH 03867
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    *** OPEN HOUSE ON SATURDAY JULY 30, 2022 BETWEEN 12:30 TO 2PM*** Investors, flippers, and business owners take notice of this quadplex! Look no further, for the perfect project to build some sweat equity or a home business. Invest in the heart of downtown, in up and coming Rochester, in the midst of the city's multiple development projects. The hard part has been completed, with a good slate roof, new plumbing and new electrical. Finish-up the building with some finishing touches, to call it all yours. Bring back to life, the lower commercial units, which featured a once booming ice-cream/bakery shop, and an alluring art studio, or have the versatility to convert the lower commercial units into residential units. Call it a home business, with the possibility of living on the second floor, which features 3 spacious bedrooms, 2 baths, and beautiful hardwood floors. To top it off, the third floor can be used as a studio apartment, for additional income. Enjoy tax free benefits of being located in an opportunity zone, and also having access to commercial 79E tax incentives. Thats not all, tenants enjoy over 200+ free parking spots on the vacant city lot next door, and being close to all amenities including convenience stores, restaurants, schools, parks and more. Buyers to do their due diligence regarding zoning and unit conversions. Showings at the open house on Saturday, May 14, between 10AM to 11:30AM.
    Listed by Andy Yau of RE/MAX Shoreline

    Driving Directions

    Gilman Real Estate
    Gilman Real Estate
    Office: 603-772-0808
    39 Front St
    Exeter, NH 03833

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    More Info

    Basic Information

    • StatusActive With Contract
    • List Price$279,900
    • MLS Number4907978
    • MLS StatusActive Under Contract

    Property

    • Acreage0.05
    • Parking Spaces
    • Lot DescriptionOther
    • Square Feet2,774
    • APX Fin AG Sqft2,774
    • RoadsPublic
    • AreaBusiness District

    Utilities

    • Heat FuelGas - Natural Available
    • Heat SystemForced Air
    • WaterPublic
    • Water HeaterOther
    • Electric100 Amp
    • SewerPublic
    • UtilitiesCable - Available

    Location

    • TownRochester
    • StateNH
    • Zip03867
    • CountyStrafford
    • ZoningDTC
    • Elementary SchoolEast Rochester School
    • Junior HighRochester Middle School
    • High SchoolSpaulding High School
    • Flood Zone Y/NNo

    Exterior

    • ExteriorVinyl
    • RoofShingle - Asphalt
    • Exterior ColorWhite

    Water Body

    • Water AccessNo
    • Water ViewNo

    Building

    • Year Built1880
    • Building ConstructionWood Frame
    • StyleMulti-Family
    • Units4
    • Unit 1 Bath1
    • Unit 1 Bedrooms1
    • Unit 2 Bath1
    • Unit 2 Bedrooms1
    • Unit 3 Bath2
    • Unit 3 Bedrooms3
    • Unit 4 Bath1
    • # of 1 Bedrooms1
    • # of 3+ Bedrooms1
    • BasementPartial
    • FoundationWood

    Other

    • Taxes$3,414
    • Seasonal Y/NNo
    • Date Showings Begin2022-05-07
    Broker Reciprocity

    Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 8, 2022 10:25 AM EST.

     

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