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$500,000 | $225 per sq.ft. A 2  Unit Multi Family Home, in Manchester NH With 1 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5031283



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Listed by Kyle CavanaughKara and Co - Real Broker NH,LLC on March 6th 2025


DESCRIPTION


This fully occupied two-family property at 145 Parker Street in Manchester, NH, offers a strong investment opportunity with recent updates. The first-floor unit is a two-bedroom apartment with gas forced hot air heating, while the second and third floors comprise a three-bedroom townhouse-style unit with a stand-alone gas forced air heating system. The second-floor unit features two bedrooms on the main floor, with an additional bedroom in the finished attic space. Recent improvements include newer Harvey windows, decks, heating systems, electrical panels, plumbing, and a roof. Additionally, new electric water heaters were installed in 2023. Both units feature updated kitchens and bathrooms with tile. Tenants are responsible for their own utilities, including electricity, heat, internet, and TV service. Each unit has its own washer and dryer hookups. Conveniently located near highways, schools, shopping, and dining, this property provides a solid rental income opportunity.
Appliances : Water Heater – Electric
Gross Income : $54600
Net Income: $

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UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 892
Tenant Pays : Electric,Heat,Hot Water,Internet Service,TV Service
Rent : 2250.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Sq.Ft.: 1332
Style : Town house
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 2300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

CONSTRUCTION

Wood Frame | Vinyl Siding | Exterior Color Tan | Year Built: 1900
No. of Floors:2.5
Total Sq.Ft. Finished: 2224
Above Grade Sq.Ft.: 2224
Price Per SQ.FT. 224.82
Basement: Concrete | Unfinished | Exterior Access
Foundation: Fieldstone | Granite | Stone
Heating: Natural Gas | Forced Air | Individual
Cooling: None
Electric: 100 Amp
Utilities: Cable | Gas - At Street
Electric Meters: 2
Gas_Meters: 2
Style: Multi-Family
Exterior Features: Porch
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: Parking Spaces 2
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Curbing | Level | Sidewalks | Neighborhood
Lot size: 0.07 acres
Zoned: R2
Surveyed: Unk
Flood Zone: No
Driveway: Paved

PROPERTY INFORMATION

Taxes $5,871

AREA INFORMATION