36

8 WALLACE ST Rochester, NH 03867

$279,900

Listed By Andy Yau, RE/MAX Shoreline

Bedrooms

Total Baths

Full Baths

2,774

Square Feet

0.05

Acres

1880

Year Built

Active

Status

MLS#

4907978

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.

Details

Year Built
1880
Parking
No Info
Price / Sq Ft
$101
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
58 Days
Acres
0.05

Listing Office RE/MAX Shoreline, 603-431-1111

MLS# 4907978

Updated 12:16AM - 7/1/2022

Listing Agent Andy Yau

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