Price Change! reduced by $76,000 down 8% on January 6th 2025
$899,000 | $182 per sq.ft.
A
5
Unit Multi Family Home, in Manchester NH
With 2 - One Bedroom Units | 1 - Two Bedroom Units | 2 - Three Bedroom Units MLS# 5024879
|
|
|
|
Listed by Jason Saphirewww.HomeZu.com on December 18th 2024
|
DESCRIPTION
|
**A Rare Investment Opportunity in the Heart of Manchester!** This well-maintained, 5-unit multifamily building offers a unique combination of residential and commercial income potential, making it a truly versatile investment. Situated in the heart of Manchester, this property has been a consistent income producer for many years and boasts a steady occupancy rate. All tenants pay their own utilities. Unit Breakdown: (2) One-bedroom units (1) Three-bedroom unit (1) Four-bedroom unit (1) Five-room office space The mix of residential and commercial spaces provides flexibility for a variety of uses, including potential owner-occupancy, small business operations, or expansion of office services. Includes 5 off street parking spots for tenants and 4 on-street parking spots. This is an exceptional opportunity for investors looking to expand their portfolio or for a hands-on owner-operator seeking a property with built-in income and future growth potential. Don't miss out!
Gross Income : $78840
|
|
|
UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 4Sq.Ft.: 512Level: 1Info : Range - Electric,Refrigerator,StorageTenant Pays : All UtilitiesRent : 1150.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
|
UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 4Sq.Ft.: 492Level: 1Info : Range - Electric,Refrigerator,StorageTenant Pays : All UtilitiesRent : 1100.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
|
UNIT 3 INFORMATION
Beds: 4Baths: 1Rooms: 7Sq.Ft.: 1200Level: 3Info : Range - Electric,Refrigerator,StorageTenant Pays : All UtilitiesRent : 1460.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to M
|
|
|
|
|
|
|
|
CONSTRUCTION
Wood Frame | Exterior Color Grey | Year Built: 1900
|
No. of Floors:3
Total Sq.Ft. Finished: 4946
Above Grade Sq.Ft.: 4946
Price Per SQ.FT. 181.76
Basement: Storage Space | Unfinished
Foundation: Brick | Granite
Heating: Baseboard | Radiant
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Trash: Cans
Utilities: Cable - Available | Gas - At Street
Electric Meters: 5
Gas_Meters: 5
|
|
Style: Apartment Building
Exterior Features: Window Screens
Roof: Flat | Membrane
Water: Metered | Public Water - At Street
Sewer: Public Sewer at Street
Garage And Parking: Assigned | Driveway | Off Street | On Street
Seasonal: No
|
|
LAND LOT INFORMAITION
|
Lot Description: City Lot | Corner | Sidewalks
Lot size: 0.09 acres
Zoned: RES
Surveyed: No
Flood Zone: No
Road Frontage: 149
Driveway: Paved
|
|
PROPERTY INFORMATION
|
Taxes $5,518
| Assesed Value $292,600 in 2023
|
AREA INFORMATION
|
|
|
|
