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$769,900 | $287 per sq.ft. A 4  Unit Multi Family Home, in Manchester NH With 3 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5037421



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Listed by Felicia PaloKeller Williams Realty Evolution on April 23rd 2025


DESCRIPTION


Welcome to 607 Hevey Street, a clean and well-maintained four-unit multi-family property offering consistent rental income and low-maintenance ownership. The property consists of 1 two-bedroom unit and 3 one-bedroom units, with two of those recently updated. Based on current market rents, the property has the potential to generate up to $79,800 in gross annual income (buyer to verify). Recent improvements include updated units, freshly painted porches, and newer water heaters within the last seven years. Additional features include separate electric meters, a shared laundry area, off-street parking, and porch access for each unit. Whether owner-occupied or fully leased, 607 Hevey Street presents a solid opportunity for income-oriented buyers. Furthermore, this home is ideally located just minutes from major highways, Elm Street's vibrant restaurant scene, Manchester Community College, Saint Anselm College, and the scenic Piscataquog Rail Trail -- offering unbeatable convenience for commuting, dining, education, and outdoor recreation. Showings only during open houses Friday 4/25 5-6:30 PM and Saturday 4/26 10:30-12PM.

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UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Porch
Signed Lease : No
Status : Vacant

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Porch
Tenant Pays : Electric
Rent : 1550.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Level: 2
Info : Porch
Tenant Pays : Electric
Rent : 2000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 4 INFORMATION

Beds: 1
Baths: 1
Level: 3
Tenant Pays : Electric
Rent : 1050.00 Monthly
Lease Term : Month to Month
Status : Leased

CONSTRUCTION

Wood Frame | Vinyl Siding | Exterior Color White | Year Built: 1930
No. of Floors:3
Total Sq.Ft. Finished: 2680
Above Grade Sq.Ft.: 2680
Price Per SQ.FT. 287.28
Basement: Full | Unfinished | Exterior Access | Stairs - Basement
Foundation: Block | Concrete | Stone
Heating: Natural Gas | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s) | On-Site
Utilities: Gas - At Street
Electric Meters:
Style: Apartment Building
Exterior Features: Balcony | Porch - Covered | Storage
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Near Paths | Near Shopping | Near Public Transportatn | Near Hospital | Near School(s)
Lot size: 0.12 acres
Zoned: R-3 Residential
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved

PROPERTY INFORMATION

Taxes $7,828

AREA INFORMATION