7 Wallace St, Rochester, NH 03839

$1,895,000
10,763
SqFt

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Listing courtesy of Deana Arden from NAI Norwood Group. ()

List Price
$1,895,000
Status
ACTIVE
MLS#
5097914
Subtype
Residential Income
Style
Multi-Family, Multi-Level
Year Built
1900
Living Area
10,763
Lot Size
91,912
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.

Additional Information

Taxes
$18,504
Property Description
Multi-Family, Multi-Level
Zoning
DT
Heating
Oil, Electric, Forced Air, Radiant
Air Conditioning
None
Levels
Two
Roof
Asphalt
Foundation
Brick/Mortar, Concrete
Parking Features
Garage, Off Street, On Site
Garage Spaces
1

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