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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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5-16 Butler St , Hillsborough, NH 03244
$359,900
Est. Payment: $799.78/mo
24 Bed
12 Bath
0 Sqft
Status: Pending | Days on site: 183
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House 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.

Highlights

Listed by Katherine Scott , 603-400-9317 Epique Realty , 888-893-3537.

Property Type

Condo/Townhome

HOA Fee

200 Monthly

County

Hillsborough

School District

Hillsboro-Deering SAU #34

Listing ID

5078558

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:24
  • Bathrooms:12
  • Full Bathrooms:12
Above Ground Sq Ft:0
Basement:No

Exterior Features

Lot:To Be Built
Zoning:Comm-WS
Roof:Other
Sewer:Public Sewer On-Site
Parking Features:On-Site
Principal Interest
$800
Taxes
$229
HOA
$200

Home Price

$359,900

Loan Details

30 yrs
%

Down Payment

20%
$71,980
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Monthly Price:
$799.78

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $799.78 $229.44 $200.00 $1,229.21
Yearly $9,597.33 $2,753.24 $2,400.00 $14,750.57
Total $287,920.00 $82,597.05 $72,000.00 $442,517.05

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hillsborough, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.