7 Wallace Street, Rochester, NH
Residential Income
Listed by NAI Norwood Group · Deana Arden
Property Description
7 Wallace Street brings a residential income to the Rochester market at $1,895,000. Inside you'll find 10,763 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Also on the sheet: garage parking for 1, 1900 construction and roughly $176 per square foot. The full photo gallery, live pricing and every MLS detail for 7 Wallace Street follow below.
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 Highlights
7 Wallace Street is a residential income in Rochester, New Hampshire, listed at $1,895,000. That works out to about $176 per square foot, for a home built in 1900. It has been on the market for 2 months.
At this latitude, Rochester averages roughly 8.4 hours of sun a day in June and 3.6 in December.
Property Details
Essentials & finishes
- SqFt:10,763
- Price / SqFt:$176.07
- Property Type:Residential Income
- Year Built:1900
- County:NH-Strafford
- Town:Rochester, NH
- Status:Active
- Days on Market:71
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $32,215 |
| 2023 | $31,410 |
| 2022 | $30,604 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Rochester101
- Average list price$411,025
- Price range$219,900 – $639,000
Mortgage Calculator
Estimate your monthly payment for this home
- Principal & Interest$9,582
- Property Tax$2,685
- Home Insurance$395
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.
Around This Property
Schools, everyday places and nearby destinations near 7 Wallace Street, Rochester, NH
Questions About This Listing
Where is 7 Wallace Street located?
The property is in Rochester, New Hampshire (03839).
What is the asking price of 7 Wallace Street?
7 Wallace Street in Rochester, NH is listed at $1,895,000.
That works out to about $176 per square foot.
How big is 7 Wallace Street?
It offers 10,763 square feet of living space.
Can I still buy 7 Wallace Street?
The listing's current MLS status is Active. Reach out and we can confirm availability and arrange a showing.
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