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$375,000 Just Listed
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Property Description
12-Unit Approved Condo Development Opportunity in Downtown Hillsborough NH 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.
Full Property Details
Full Property Details for 5-16 Butler St
General
- Price: $375,000
- Status: Active
- Type: Condo
- Source: PrimeMLS
- MLS ID: 5078558
- Updated: Today (3/7/2026)
- Added to Site: Today
Interior
- Number of Rooms: 48
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 24
Parking
- Parking: On-Site
Location
- County: Hillsborough
- Condo Project Name: Butler Court Condominium
- Driving Directions: Located conveniently off of Rt 149 in Hillsborough, NH. Easily found with GPS.
School Information
- School District: Hillsboro-Deering SAU #34
- Elementary School: Hillsboro-Deering Elementary
- Middle School: Hillsboro-Deering Middle
- High School: Hillsboro-Deering High School
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer On-Site
Structural Information
- Construction Status: Pre-Construction
- Roof: Other
- Stories/Levels: 2
Lot Features
- Frontage: No Road Frontage
- Driveway/Sidewalk: Common/Shared, Paved
- Zoning: Comm-WS
Financial Considerations
- Other Fee: Fee 1: $200
- Other Fee Type: Fee 1 Includes: Landscaping, Plowing
- Other Fee Freq.: Fee 1 Frequency: Monthly
Timeshare
- Fractional Own: Yes
Disclosures and Reports
- Documents Avail.: Association Docs, Deed, Plat/Grid Map, Plot Plan
- Restrictions: Other - See Remarks
- Block: 127
- Lot Number: 005-016
Listed by Epique Realty, Katherine Scott
Get Pre-Approved Today
Price & Sales History for 5-16 Butler St
Date
Details
Price
Change
Source
3/07/2026
Listed
$375,000
63.04%
MLS
8/01/2024
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5-16 Butler St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,883
18%
$279,500
88%
2024
$4,983
7%
$149,000
—
2023
$4,652
17%
$149,000
—
2022
$3,977
-8%
$149,000
—
2021
$4,309
1%
$149,000
—
2020
$4,281
31%
$149,000
35%
2018
$3,266
15%
$110,700
18%
2017
$2,852
8%
$93,600
5%
2016
$2,642
—
$89,500
-2%
2015
$2,655
5%
$91,400
—
2014
$2,519
-2%
$91,400
—
2013
$2,565
—
$91,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5-16 Butler St
5-16 Butler Street, Hillsboro, NH 03244 (MLS# 5078558) is a Condo property with 24 bedrooms and 12 full bathrooms. 5-16 Butler Street is currently listed for $375,000 and was received on March 07, 2026. Want to learn more about 5-16 Butler Street? Do you have questions about finding other Condo real estate for sale in Hillsboro? You can browse all Hillsboro real estate or contact a Coldwell Banker agent to request more information.

