For sale $685,000 | $176 per sq.ft. | MLS# 5037924
A
3
Unit Multi Family Home, in Manchester NH
With 3 - Three Bedroom Units
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Description:
REMARKABLE 3-FAMILY that was 100% gutted to the studs in 2022 and COMPLETELY REBUILT from framing, insulation, all new wiring, plumbing, ,drywall , windows, flooring , kitchens & baths, rubber roof , New rear decks and vinyl siding. On site rear paved parking. 100% COMPLETELY rebuilt to code w/all City permits down to the fully installed sprinkler system. This building is ESSENTIALLY 3-Years NEW !!! All work was personally done by local respected Quality builder. All units feature 4 (YES 4) Bedrooms, Fully applianced, Individual Gas heat/cooling via Mini-Splits with tenants paying ALL Utilities. Nothing to do in this "Lead Free" building for YEARS to come !!!! Strong Annual Income of $71,120.00 with $13,071.00 expenses ( includes taxes ) for an INCREDIBLE NET of $58,049.00. COC valid to 02/03/2028. A SOLID INVESTMENT being offered below current Replacement cost. Open House viewing Monday April 28 from 3:00 to 5:00 ONLY to qualified buyers ( Sorry, no exceptions) 3rd floor photos coming shortly.
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Gross Income | $71120 NetIncome | $ 58049 |
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Unit No |
Beds |
Baths |
Rooms |
Floors |
Sq Ft |
Furnished |
Heat Inc. |
Rent |
Rented |
1 |
4 |
1 |
6 |
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1250 |
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2095.00 |
Yes |
2 |
4 |
1 |
6 |
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1250 |
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1895.00 |
Yes |
3 |
4 |
1 |
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1250 |
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1895.00 |
Yes |
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Annual Expenses
$0 Taxes: $7,387 |
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Construction: Wood Frame | Vinyl Siding | Exterior Color Grey | Price Per SQ.FT. 175.55 | Year Built: 1900 |
No. of Floors-| 3 Avail.Sq.Ft.: 3 Finished Sq.Ft.: 5202 Above Grade Sq.Ft.: 3902 Below Grade Sq.Ft.: 0 Basement: Concrete Floor | Full | Stairs - Interior | Unfinished Foundation size 24x64. Foundation: Granite Electric: 200 Amp | Circuit Breaker(s) Style: Flat Trash: Municipal Utilities: Cable | Gas - On-Site | Multi Phone Lines | Phone Electric Meters: 4 Gas_Meters: 3
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Style: Flat Exterior Features: Porch - Covered | Docks Roof: Membrane Water: Public Sewer: Public Seasonal: No
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