For sale $500,000 | $225 per sq.ft. | MLS# 5031283
A
2
Unit Multi Family Home, in Manchester NH
With 1 - Two Bedroom Units | 1 - Three Bedroom Units
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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.
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Gross Income | $54600
NetIncome | $ 47850
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Unit No |
Beds |
Baths |
Rooms |
Floors |
Sq Ft |
Furnished |
Heat Inc. |
Rent |
Rented |
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2 |
1 |
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892 |
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2250.00 |
Yes |
2 |
3 |
1 |
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1332 |
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2300.00 |
Yes |
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Annual Expenses
$0
Taxes: $5,871 |
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Construction: Wood Frame | Vinyl Siding | Exterior Color Tan | Price Per SQ.FT. 224.82 | Year Built: 1900
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No. of Floors-| 2.5
Avail.Sq.Ft.: 2
Finished Sq.Ft.: 3116
Above Grade Sq.Ft.: 2224
Below Grade Sq.Ft.: 0
Basement: Concrete | Unfinished | Exterior Access
Foundation: Fieldstone | Granite | Stone
Electric: 100 Amp
Style: Multi-Family
Utilities: Cable | Gas - At Street
Electric Meters: 2
Gas_Meters: 2
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Style: Multi-Family
Exterior Features: Porch
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: Parking Spaces 2
Seasonal: No
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