*** OPEN HOUSE ON SATURDAY JULY 30, 2022 BETWEEN 12:30 TO 2PM*** 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 citys 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.
Off market
Zestimate®
$439,900
8 Wallace St, Rochester, NH 03867
4beds
2,774sqft
MultiFamily
Built in 1890
-- sqft lot
$439,900 Zestimate®
$159/sqft
$1,740 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 2,774 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off-street, On-street
Features
- Exterior features: Other, Vinyl
- Has view: Yes
- View description: City
Lot
- Size: 2,178 sqft
Details
- Parcel number: RCHEM0120B0305L0000
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Rochester