$359,900
 $1,932 est/mo Sourced by Back At You

5-16 Butler Street,Hillsborough, NH 03244

Hillsborough, NH 03244

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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 projectBuild-to-rent multifamily investmentPhased 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.

Details

MLS #5078558
Listing TypeFor Sale
StyleCondominium
HOA Dues$200
Sub-TypeResale
Status(30) Under Contract - Pending
Days On Site229
Listing Provided ByEpique Realty | Katherine Scott

Features

Bed(s)24
Bath(s) 12 Total
Story(s)2
ZoningComm-WS

Interior

Rooms Total48
CoolingNone
HeatingNone

Exterior

RoofOther
Construction MaterialsOther
Foundation DetailsNone
Lot FeaturesIn Town
Accessibility FeaturesAccessible Common Area, Access to Parking

Parking

Garage Yes / NoNo
Parking FeaturesOn Site

Utilities

UtilitiesCable Available, Phone Available
ElectricOn-Site
SewerPublic Sewer On-Site

Taxes

Tax Block127
Tax Lot005-016

Area Information

StateNH
CountyHillsborough
CityHillsborough
Zip Code03244
AreaNH Hillsborough
School DistrictHillsboro-Deering SAU #34
Elementary SchoolHillsboro-Deering Elementary
High SchoolHillsboro
Listing VS Median (in 03244)
Price:
$359,900
low | high
Med:
$0
On site:
229
low | high
Med:
Sourced by Back At You

Market Activity 03244

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Learn More About This Property

StateNH
CountyHillsborough
CityHillsborough
Zip Code03244
AreaNH Hillsborough
School DistrictHillsboro-Deering SAU #34
Elementary SchoolHillsboro-Deering Elementary
High SchoolHillsboro
Listing VS Median (in 03244)
Price:
$359,900
low | high
Med:
$0
On site:
229
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $269K - $449K
sqft: 0 - 0
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Listing Updated: September 29, 2026 at 6:05:35 AM PDT
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