$800,000 | $182 per sq.ft. Under Contract
A
5
Unit Multi Family Home, in Manchester NH
With 2 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5018372
|
|
|
|
Listed by Fine Homes Group InternationalKeller Williams Realty-Metropolitan on October 11th 2024
|
DESCRIPTION
|
MULTI-FAMILY HOME CLOSE TO EVERYTHING...CLEVER INVESTORS TAKE NOTE! This centrally located five unit property is ready for an owner-occupant or those looking to generate passive real estate income. Minutes to the highway taking you easily to Boston, the seacoast or lakes regions with shopping, restaurants, parks and green spaces just out your door this gem is a short stroll to vibrant downtown Manchester and the scenic Merrimack River. Two stories of gracious covered porches framed with white railings and ornamental supports add to the curb appeal of this historic home. The center entrance leads to a grand staircase and welcoming hallway. Five light and bright apartments span three levels and each feature a different floor plan for true versatility for your renters and boast comfortable, sun-filled rooms accented with updated hard surface flooring. High ceilings give a large sense of space, bay windows and substantial moldings add to the charm. Unique kitchens feature granite, butcher block and solid surfaces and vintage cabinetry. The bonus of laundry facilities on the first floor is a highly desirable perk. A large driveway leads to plentiful parking spaces for renters behind the home for ease of living. Many systems and features have been recently updated and refreshed, making this a superb opportunity for the right buyer. WITH FABULOUS INCOME POTENTIAL IN AN ULTRA-CONVENIENT LOCATION...IT'S AN INVESTMENT YOUR TENANTS AND WALLET WILL LOVE!
Gross Income : $88796
|
|
|
CONSTRUCTION
Wood Frame | Vinyl Siding | Year Built: 1890
|
No. of Floors:3
Total Sq.Ft. Finished: 4400
Above Grade Sq.Ft.: 4400
Apx Below Grade Unfinished Sq.Ft.: 1600
Price Per SQ.FT. 181.82
Basement: Unfinished
Foundation: Granite
Heating: Natural Gas | Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
|
|
Style: New Englander
Roof: Rolled | Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: Off-Site | On-Site | Parking Spaces 5 - 10
Seasonal: No
|
|
LAND LOT INFORMAITION
|
Lot Description: City Lot | Near Shopping | Near Public Transportatn
Lot size: 0.24 acres
Zoned: Commercial
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Driveway: Paved
|
|
PROPERTY INFORMATION
|
Taxes $9,413
| Assesed Value $499,100 in 2023
|
AREA INFORMATION
|
|
|
|
