Listing provided by Andy Yau, RE/MAX Shoreline
Affordable fixer upper mix use duplex or an underpriced pre-existing multifamily lot in the heart of downtown. Purchase this property as a package with MLS #4968544. 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.
|DAYS ON MARKET||93||LAST UPDATED||10/27/2023|
|STATUS||Active||PROPERTY TYPE(S)||Multi Family|
|APPLIANCES||Electric Water Heater|
|BASEMENT||Concrete, Finished, Unfinished, Yes|
|LOT||871 sq ft|
|UTILITIES||Natural Gas Available|
TOTAL MONTHLY PAYMENT
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Data last updated 12/8/23 12:25 PM PST
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