Listing courtesy of Deana Arden, NAI Norwood Group 603-668-7000
7 Wallace Street, Rochester, NH, 03839
0 beds
1900
Multi-Family, Multi-Level
10,763 sqft
A rare downtown Rochester assemblage totaling 2.11± acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating potential assemblage of ~2.82± acres. Well-suited for continued income-producing use or redevelopment as senior housing, workforce multifamily, or mixed-use. Identified interest from private developers and the City of Rochester.
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
DT
Frontage:
267
Garage:
1-car Garage
Heating:
Oil, Electric, Forced Air, Radiant
Cooling:
None
Basement:
Other
Acreage:
2.11
Est. Taxes:
$19,048
Lot Description:
Other
MLS #:
5097914