7 Wallace ST, Rochester, NH 03839
7 Wallace ST, Rochester, NH 03839
7 Wallace ST, Rochester, NH 03839
7 Wallace ST, Rochester, NH 03839
7 Wallace ST, Rochester, NH 03839
7 Wallace ST, Rochester, NH 03839
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Listed by Deana Arden • NAI Norwood Group
$ 1,895,000
Est. payment | /mo

8 Beds

4 Baths

10,763 SqFt


Save
$ 1,895,000
Est. payment | /mo
Save

8 Beds

4 Baths

10,763 SqFt

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

PrimeMLS

Schools and Properties Nearby

Ken Stempler

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7 Wallace ST