$2,240,000 Price Analysis    ♡   Manchester, NH 03103 Unknown bed 12 bath 6,699 SqFt ($334/SqFt) 0.25 acre lot. Built 1880 Listed 2024-05-07 | Ⓧ USDA Ineligible due to price & location near Manchester |
Unique twelve-unit walk-up property nestled in Manchester
With two buildings situated on a large lot. Both 3-story buildings feature a durable vinyl siding exterior and a total of 10 open three-bedroom, one-bath residential units and 2 commercial units on the ground level. All are fully rented with leases in place. Each unit boasts brand-new kitchens, appliances, flooring and updated mechanical and plumbing systems, ensuring a modern and comfortable living experience.
Separate electric and heat are paid by the tenants. Additionally, two commercial suites on the ground level have long term leases in place. With its strong rental history and attractive features, this property presents strategic investment opportunity. It could be a extraordinary fit for 1031 exchange. Owner is a licensed realtor.
Presented by Viktoria Alkova at
Keller Williams Coastal Realty.
Property MLS #4994455 from PrimeMLS
Total Refrigerators: 4
Heating Fuel: Gas - Natural
Road Frontage Type: Yes
Roads: Paved, Public
Lot Size Square Feet: 10890
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Total Rooms in Unit-4: 6
Total Rooms in Unit-5: 6
Total Rooms in Unit-6: 6
Total Rooms in Unit-7: 2
Total Rooms in Unit-8: 2
Unit-1 Square Feet: 1300
Unit-2 Square Feet: 1300
Unit-3 Square Feet: 1300
Unit-4 Square Feet: 1300
Unit-5 Square Feet: 1300
Unit-6 Square Feet: 1300
Unit-7 Square Feet: 1300
Unit-8 Square Feet: 1300
Unit 1 Total Actual Rent: 1875
Unit 2 Total Actual Rent: 1875
Unit 3 Total Actual Rent: 1850
Unit 4 Total Actual Rent: 1875
Unit 5 Total Actual Rent: 1850
Unit 6 Total Actual Rent: 1900
Unit 7 Total Actual Rent: 900
Unit 8 Total Actual Rent: 999
Source Listing Status: Active
County: NH-Hillsborough
Tax Year: 2023
Source Property Type: Multi-Family
Number of Separate Electric Meters: 4
Zoning: R-3
Source System Name: C2C
$2,240,000
PrimeMLS
Listing removed 2024-05-24
$0
PrimeMLS
Listed 2024-05-07
$2,240,000
PrimeMLS
Listing removed 2018-04-06
$780,000
PrimeMLS
Listed 2017-11-30
$780,000
PrimeMLS
Year Built: 1880
Above Grade Finished Area: 6699
Below Grade Unfinished Area: 2233
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Concrete
Property Age: 144
Property Condition: Existing
Roof: Flat
Levels or Stories: 3
Total Area Sqft: 8932
Architectural Style: Apartment Building, Multi-Family, Multi-Level
Sewer: Public
Gas - On-Site
Water Source: Public
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 | ||||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.