$499,000 | $208 per sq.ft. Under Contract
A
2
Unit Multi Family Home, in Manchester NH
With 1 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5026878
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Listed by Annemarie YoungEast Coast Group One Realty on January 16th 2025
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DESCRIPTION
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Unique Duplex Multi-Family with Tremendous Potential - Perfect for Investors or Owner-Occupants! Nestled in the quieter side of the city, this one-of-a-kind duplex offers a distinctive layout and charming architectural details that truly make it stand out. Featuring striking exterior pillars and stunning stained-glass windows, this home exudes character. While the exterior could benefit from a fresh coat of paint, the interior has been updated painted, floors, etc. Currently tenant-occupied, this property offers immediate rental income potential, making it a fantastic opportunity for investors. It's also ideal for owner-occupants looking to live in one unit and rent out the other for extra income. The design allows for multi-generational living with separate spaces for privacy and convenience. Located with easy access to local amenities, schools, and public transportation, this is a rare opportunity to make your vision a reality at this price. During showings, the units are occupied, so please envision the spaces as a blank canvas ready for your personal touch. While the rooms are filled with tenants' belongings, the potential for these units to truly shine is evident once they are vacated. Additionally, buyers have the option to propose renewing the leases with current tenants, ensuring a steady rental income from day one.
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 5Level: 366Tenant Pays : All UtilitiesRent : 1650.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 3Baths: 2Rooms: 6Level: 368Rent : 1950.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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CONSTRUCTION
Wood Frame | Clapboard Exterior | Shingle Siding | Wood Exterior | Year Built: 1915 |
No. of Floors:2 Total Sq.Ft. Finished: 2402 Above Grade Sq.Ft.: 2402 Price Per SQ.FT. 207.74 Basement: Unfinished Foundation: Stone Heating: Natural Gas | Baseboard | Hot Water Cooling: None Electric: Circuit Breaker(s) Utilities: Cable | Gas - On-Site Electric Meters:
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Style: Multi-Family Roof: Shingle - Asphalt Water: Public Sewer: Public Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: Slight | Sloping Lot size: 0.09 acres Zoned: R9 Surveyed: Unk Flood Zone: No Driveway: Paved
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PROPERTY INFORMATION |
Taxes $6,577
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AREA INFORMATION |
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