$650,000 | $239 per sq.ft. Under Contract
A
3
Unit Multi Family Home, in Manchester NH
With 2 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5035589
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Listed by ABODE TEAMEXP Realty Cell: 603-540-7637
on April 9th 2025
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DESCRIPTION
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Welcome to 747 Silver Street, a well-maintained three-unit property located in a sidewalk lined Manchester neighborhood. This solid, 1965-built home offers a balance of comfort, steady rental income, and long-term potential for both investors and owner-occupants.The spacious first-floor unit is currently rented for $2,400 per month and features a beautifully renovated kitchen and bathroom, hardwood and vinyl flooring, a den that could serve as a 3rd bedroom, an enclosed porch that adds valuable living space, and direct interior access to the basement. Upstairs, the second floor is divided into 2 one-bedroom units. One is currently rented at $1,325 per month, while the other, rented at $1,300, is being vacated... creating an excellent opportunity for an owner-occupant or a value-add investor. A shared landing between the units offers a welcoming common area where tenants can relax, adding a touch of community to the space. Additional highlights include a three-car garage with one stall per unit, off-street parking, separate electric, and a brand-new roof. Heat and hot water are included in the rent, simplifying management with just one heating system and water tank to maintain. The concrete foundation and quality construction make this a very impressive building. Whether you're looking to house hack, live multi-generationally, or expand your investment portfolio, 747 Silver Street delivers on location, layout, and future value add opportunity. *LIMITED GROUP SHOWINGS!
Appliances : Water Heater – Shared
Gross Income : $60300
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 7Sq.Ft.: 1564Level: 1Info : Den,Dishwasher,Heat Included,Hot Water,Microwave,Range - Electric,RefrigeratorTenant Pays : ElectricRent : 2400.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to Month
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 3Level: 2LStyle : gardenInfo : Heat Included,Hot WaterTenant Pays : ElectricRent : 1300.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to Month
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UNIT 3 INFORMATION
Beds: 1Baths: 1Rooms: 3Level: 2RStyle : gardenInfo : Heat Included,Hot WaterTenant Pays : ElectricRent : 1325.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to M
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CONSTRUCTION
Vinyl Siding | Year Built: 1965
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No. of Floors:2
Total Sq.Ft. Finished: 2724
Above Grade Sq.Ft.: 2724
Price Per SQ.FT. 238.62
Basement: Unfinished
Foundation size 32x42 + 22x10.
Foundation: Concrete
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Trash: Municipal
Utilities: Cable
Electric Meters: 3
Gas_Meters: 0
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Style: Multi-Family
Exterior Features: Porch - Enclosed
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: Driveway | Garage | Off Street
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: City Lot
Lot size: 0.16 acres
Zoned: R-2
Surveyed: Yes
SurveyedBy: NH Geomatics IN
Flood Zone: No
Road Frontage: 51
Driveway: Paved
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PROPERTY INFORMATION
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Docs Available : Deed | Property Disclosure
Taxes $7,718
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AREA INFORMATION
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School District: Manchester Sch Dst SAU #37
Elementary School: Jewett School
Middle School: Southside Middle School
High School: Manchester Memorial High Sch
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