5-16 Butler Street, Hillsborough, NH
Condominium
Listed by Epique Realty · Katherine Scott
Property Description
12-Unit Approved Condo Development | Commercial Zoned | Downtown Hillsborough, NH | Hillsborough County, Southern NH. A rare shovel-ready condo development opportunity on a Central Business District zoned, town-approved infill site. Acquire full declarant rights to deliver 12 condominium units within an existing HOA framework — purpose-built for NH builders, condo developers, and multifamily investors in a supply-constrained New Hampshire market Rare opportunity to acquire the rights to build 12 condominium units (#5–#16) within the established Butler Court Condo Association in Hillsborough. This is an approved multifamily development opportunity in Hillsborough County NH, ideal for builders, developers, and investors seeking an entitled residential development site in Southern New Hampshire. The approved plans allow for three 4-unit buildings (72' x 28' each), totaling twelve 2-bedroom, 1-bath condominium units of approximately 950 square feet per unit. Town-approved plans are on file, providing a significant head start for a developer looking for a shovel-ready condo project with an existing condominium association structure in place. Located in the Central Business District of downtown Hillsborough, this condo development site offers walkability to shops, restaurants, and local services. The location provides strong rental and resale appeal with convenient access to Concord, Keene, and the greater Manchester region. This 12-unit development site offers multiple investment strategies: Build-to-sell condominium project Build-to-rent multifamily investment Phased residential development Condo declarant rights, established unit allocations, and existing association framework create a unique opportunity to control an approved condo project in a supply-constrained New Hampshire market. Buyer to perform due diligence regarding site conditions, utilities, permitting, and construction requirements.
Property Details
Essentials & finishes
- Bedrooms:24
- Total Baths:12
- Full Baths:12
- Property Type:Condominium
- County:NH-Hillsborough
- Town:Hillsborough, NH
- Status:Active
- Days on Market:128
Primary Features
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Property History
Price, listing activity & annual taxes for this property
No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Hillsborough52
- Average list price$265,600
- Price range$15,500 – $1,250,000
- Market sentimentBuyer's Market
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- Principal & Interest$1,820
- Property Tax$510
- Home Insurance$75
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 52 active · 0 sold in Hillsborough (last 90 days)
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