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Listed by Deana Arden • NAI Norwood Group
$ 1,895,000
Est. payment /mo
Active
7 Wallace ST Rochester, NH 03839
8 Beds
4 Baths
10,763 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,763 sqft
Price per Sqft $176
MLS Listing ID 5097914
Bedrooms 8
Full Baths 4
Construction Status Existing
Year Built 1900
Annual Tax Amount $18,504
Tax Year 2024
Lot Size 2.110 Acres
Acres 2.11
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning DT
Rooms
Basement Entrance Interior
Basement Other
Interior
Cooling None
Exterior
Garage Spaces 1.0
Utilities Available Other
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public
Architectural Style Multi-Family, Multi-Level
Construction Status Existing
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