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$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


DESCRIPTION


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: 2
Baths: 1
Rooms: 5
Level: 366
Tenant Pays : All Utilities
Rent : 1650.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 3
Baths: 2
Rooms: 6
Level: 368
Rent : 1950.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

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:
Style: Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Slight | Sloping
Lot size: 0.09 acres
Zoned: R9
Surveyed: Unk
Flood Zone: No
Driveway: Paved

PROPERTY INFORMATION

Taxes $6,577

AREA INFORMATION