45 Hanson Street, Rochester, NH, New Hampshire, property flyer

45 Hanson Street, Rochester, NH, 03867 | $499,900

Immaculately remodeled in 2020, this mix-use property boasts a comprehensive renovation that encompassed all aspects of the home, from electrical and plumbing to heating, windows, roofing, siding, and beyond. You'll immediately be drawn to this property's charming curb appeal, accentuated by its bold blue vinyl siding, carefully detailed exterior wrap trim, and new decks. This unique property offers the best of both worlds, with a thriving commercial space on the ground floor and a cozy 2BR apartment above. Inside, you'll find the perfect blend of modern elegance, featuring sleek recessed lighting and exquisite luxury vinyl flooring. Fully separated utilities, featuring efficient mini-splits, including separate w&s utilities, makes it an ideal, easy low-expense investment. This ideal setup allows for a sought-after triple net lease, making it a 'set and forget' investment. Positioned in the heart of downtown Rochester, this lot is expansive and oversized, with the potential to build an additional 7+ residential units outback, whether its for multifamily or condos. The property was a pre-existing multifamily lot and is zoned DTC which does not have a density requirement, giving the property a significant amount of versatility. Thats not all, it is the perfect candidate to reap the incredible benefits of a qualified opportunity fund. Invest in up and coming Rochester, the largest city in the Seacoast by land-mass and population.

Features

Units: 2
Style: Multi-Family
Year Built: 1900
Heating: Forced Air

Cooling: Mini Split
Basement: Unfinished
Approx Sq. Feet: 1,635
Acreage: 0.2

Lot Desc: City Lot
MLS#: 4995411
Website: https://www.raveis.com
/prop/4995411/45hansonstreet_rochester_nh?source=qrflyer

This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/14/2024
Listing courtesy of RE/MAX By The Bay Phone: 603-431-1111
Listing Agent: Andy Yau

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45 Hanson Street, Rochester, NH, 03867

$499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$399,920	$399,920	$399,920
Term	360 months	360 months	180 months
Initial Interest Rate**	7.250%	6.990%	5.990%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.655%	7.146%	6.276%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$2,728	$2,658	$3,373
Total Monthly Payment	$2,803	$2,733	$3,448

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.