Catylist ID:
#30855210
45 Hanson St
Multi-Family
for Sale
Also listed as Retail-Commercial, Office
| Catylist Listing ID: | 30855210 |
| Property Subtypes: | Duplex/Fourplex, Mixed Use, Other |
| Number of Units: | 2 Units |
| Building Size (RSF): | 1,635 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.20 Acres |
| Sale Price: | $500,000 |
| Unit Price: | $250,000 Per Unit |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Sale Terms: | Other |
| Last Updated: | 4/19/2024 |
Overview / Comments
|
Just Listed! Open House on Saturday, Sep 9 from 10-12 | Completely Remodeled in 2020 | Mixed-use Duplex | Potential to build an additional 7+ residential units outback | 45 Hanson St, Rochester NH - $500,000 Learn More: www.45hanson.com Video Tour: https://www.youtube.com/watch?v=4pMtX9cH2a0 ***Completely Remodeled in 2020, from the whole interior, heating, plumbing, heating, roof, siding, windows and beyond ***Oversized lot for Downtown with the Potential to build an additional 7+ units outback ***Perfect easy investment with low expenses Immaculately remodeled in 2020, this mix-use property boasts a comprehensive renovation that encompassed all aspects of the home, from electrical and plumbing to heating, windows, roofing, siding, and beyond. You'll immediately be drawn to this property's charming curb appeal, accentuated by its bold blue vinyl siding, carefully detailed exterior wrap trim, and new decks. This unique property offers the best of both worlds, with a thriving commercial space on the ground floor and a cozy 2BR apartment above. Inside, you'll find the perfect blend of modern elegance, featuring sleek recessed lighting and exquisite luxury vinyl flooring. Fully separated utilities, featuring efficient mini-splits, including separate w&s utilities, makes it an ideal, easy low-expense investment. This ideal setup allows for a sought-after triple net lease, making it a 'set and forget' investment. Positioned in the heart of downtown Rochester, this lot is expansive and oversized, with the potential to build an additional 7+ residential units outback, whether its for multifamily or condos. The property was a pre-existing multifamily lot and is zoned DTC which does not have a density requirement, giving the property a significant amount of versatility. Thats not all, it is the perfect candidate to reap the incredible benefits of a qualified opportunity fund. Invest in up and coming Rochester, the largest city in the Seacoast by land-mass and population. Delayed showings begin at the OH on Sat Sep 9. |
Attachments & Media
Financials
| Finance Data Year | 2023 |
|---|---|
| Real Estate Taxes - Annual($) | $6,103 (Annual) |
| Potential Rental Income | $42,689 (Annual) |
| Net Operating Income | $35,191 (Annual) |
| Actual or Proforma Year | Actual |
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Strafford |
| Tax ID/APN: | 0120-0383-0000 |
| Zoning: | DTC |
| Community Amenities: | Community Building, Exercise Room |
| Total Number of Buildings: | 1 |
| Property Condition: | Excellent |
| Number of Stories: | 2 |
| Year Built: | 1900 |
| Year Renovated: | 2020 |
| Construction/Siding: | Vinyl Siding |
| Parking Type: | Surface |
| Heat Type: | Natural Gas |
| Fuel: | Gas |
| Air Conditioning: | Window Unit |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Other |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,560 | 25,924 | 41,565 |
| Median Age: | 37.68 | 40.64 | 40.75 |
| Households: | 3,528 | 10,769 | 16,912 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
