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8 Wallace StreetRochester, NH 03867MLS Number 4907978

  • Price: $279,900The price has recently decreased
  • Est. Mortgage of $/month
  • 58 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 5.7% last updated on 2022-06-30

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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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  • $279,900List Price
  • 2,774Square Feet
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

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Basic Information

  • StatusACT
  • List Price$279,900
  • MLS Number4907978
  • MLS StatusActive

Property

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

Water Body

  • Water AccessNo
  • Water ViewNo

Location

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

Utilities

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

Building

  • Year Built1880
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • # of 1 Bedrooms1
  • # of 3+ Bedrooms1
  • BasementPartial
  • FoundationWood

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt
  • Exterior ColorWhite

Other

  • Taxes$3,414
  • Seasonal Y/NNo
  • Date Showings Begin2022-05-07
  • View Count1
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 July 1, 2022.

 

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From Our Clients

"I wanted to thank you for your persistence and flexibility in working with me and Amy on the purchase of our Durham NH Home. It is exactly what we wanted thanks to your guidance and knowledge of the area. But the best was that you made it all happen in a relatively short period of time."

John Sheehan, Durham, NH