Tom Heany
REALTOR®
BEDS8
BATHS4 full
SQUARE FEET10,763
MLS#5097914
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Listing Courtesy of:
NAI Norwood Group
Agency Phone: 603-668-7000
Associate Name: Deana Arden
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Other
Cooling: None
Garage: 1
Heating: Oil, Electric, Forced Air, Radiant
Home Style: Multi-Family, Multi-Level
Lot Size: 2.11 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $18,504
Year Built: 1900
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 3
Unit 2:
Bathroom(s): 2
Bedrooms: 2
Unit 3:
Bathroom(s): 1
Bedrooms: 3
Feature Descriptions
Construction: Wood Frame
Construction Status: Existing
Days on Site: 19
Driveway: Other
Driveway: Other
Electric: Other
Exterior: Wood Frame
Flood Zone: Unknown
Foundation: Brick, Concrete
Foundation: Brick, Concrete
Lot: Other
Parking: Garage, Off Street, On-Site
Roads: Other
Sewer: Public
Sq. Ft. Total Finished: 10763
Total Stories: 2
Units: 5
Water: Public
Zoning: DT
Listed By / Shown By
Listed By
Agency Name: NAI Norwood Group
Agent Name: Deana Arden
Agency Phone: 603-668-7000
Shown By
Agent Name: Tom Heany
Agent Phone: (800) 741-1540
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 6,312.16 per month $4,217.45 Principal & Interest $1,542.00 Property Tax $552.71 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 2026-07-20 23:33:29 
7 Wallace Street | MLS# 5097914
This multi-family property located at 7 Wallace Street, Rochester, NH 03839 is currently listed for sale with an asking price of $1,895,000. Search Rochester real estate on tomheany.masiellogrouprealestate.com today.