NOT LISTED FOR SALE

138 Coolidge Ave Unit C Manchester, NH 03102

Rimmon Heights Neighborhood

Estimated Value: $1,190,046

6 Beds
4 Baths
10,000 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $1,000,000 $100 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,909/month

18 Days on Market

Highlights

  • 1.29 Acre Lot
  • Landscaped
  • High Speed Internet
  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Simpson Park

About This Home

As of February 2023

A new opportunity to own a piece of Manchester's History! This cash-flowing investment is ready for new owners. Upstairs there are two 1,800 square-foot apartments. Each offer 3 bedrooms and 2 bathrooms with updated kitchens, stone countertops, in unit washer and dryer, and beautiful 20 foot cathedral ceilings. Downstairs there are two more units. Both are occupied by ONE tenant in a long term 5 year lease. This counseling center has a total of 15 offices, two waiting rooms, kitchenette, 3 bathrooms, and basement access with locked storage. Tenants pay heat, hot water, and utilities. Landlord currently splits cost of landscaping, plowing, and trash removal with other two buildings in office park.

Last Listed By

Grant Hock

RE/MAX Innovative Properties License #077859 Listed on: 11/07/2022

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,667

Year Built

  • Built in 1906

Lot Details

  • 1.29 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Converted Dwelling
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Shake Siding
  • Cedar

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • 21 Car Parking Spaces
  • Paved Parking
  • On-Site Parking
  • Visitor Parking
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Northwest Elementary School
  • Middle School At Parkside
  • Manchester West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block C / 0048

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $33,088
  • Gross Income $106,324
  • Net Operating Income $73,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,667

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Conversion, Multi-Family
  • Assessment Amount: 546800
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 100
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 14920
  • Sq Ft - Apx Total Finished: 10000
  • Year Built: 1906
  • Remarks Public: A new opportunity to own a piece of Manchester's History! This cash-flowing investment is ready for new owners. Upstairs there are two 1,800 square-foot apartments. Each offer 3 bedrooms and 2 bathrooms with updated kitchens, stone countertops, in unit washer and dryer, and beautiful 20 foot cathedral ceilings. Downstairs there are two more units. Both are occupied by ONE tenant in a long term 5 year lease. This counseling center has a total of 15 offices, two waiting rooms, kitchenette, 3 bathrooms, and basement access with locked storage. Tenants pay heat, hot water, and utilities. Landlord currently splits cost of landscaping, plowing, and trash removal with other two buildings in office park.
  • List Agent: 287774
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Insulated, Stairs - Interior, Storage - Locked, Storage Space, Unfinished, Interior Access, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 10000
  • Sq Ft - Apx Unfinished BG: 4920

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Cedar, Shake, Wood
  • Foundation: Block, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 21+, Paved, Unassigned, Visitor

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Cooling: Central AC
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 4
  • Trash: Private
  • Utilities: Internet - Cable

Schools

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: Northwest Elementary School
  • Middle School: Middle School at Parkside
  • High School: Manchester West High School
  • Elementary School: Northwest Elementary School
  • High School: Manchester West High School

Lot Info

  • Map: 0182
  • Lot: C
  • Lot Sq Ft: 56192
  • Lot Acres: 1.29
  • Lot Description: City Lot, Corner, Landscaped, Level
  • Zoning: RS-1
  • Deed Book: 7985
  • Deed Page: 1319
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: C

Multi Family

  • Gross Income: 106324
  • Net Income: 73235
  • Total Full Baths: 4
  • Total Units: 4
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 9667
  • Tax Year: 2021

MLS Schools

  • School District: Manchester Sch Dst SAU #37
  • School Middle Jr: Middle School at Parkside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Feb 3, 2023
Sold by
Manchester M C Rlty Props
Bought by
Owls Nestfive Llc
Seller's Agent
Grant Hock
RE/MAX Innovative Properties
Buyer's Agent
Linda DiSilvestro
Coldwell Banker Realty Bedford NH
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Total Days on Market
18
Views
14
Current Estimated Value
$1,190,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,046
Avg. Annual Appreciation
7.82%
Original Mortgage
$750,000
Outstanding Balance
$730,313
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,733

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Owls Nestfive Llc $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owls Nestfive Llc $750,000
Previous Owner Manchester Mc Rlty Props $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $1,000,000 -4.8% $100 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $1,050,000 -- $105 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $14,964 $793,400 $0 $793,400
2022 $9,974 $546,800 $0 $546,800
2021 $9,667 $546,800 $0 $546,800
2020 $12,525 $507,900 $0 $507,900
2019 $12,352 $507,900 $0 $507,900
2018 $11,890 $507,900 $0 $507,900
2017 $11,775 $507,900 $0 $507,900
2016 $11,753 $507,900 $0 $507,900
2015 $11,615 $495,500 $0 $495,500
2014 $11,644 $495,500 $0 $495,500
2013 $11,233 $495,500 $0 $495,500
Source: Public Records

Agents Affiliated with this Home

  • Grant Hock

    Seller's Agent in 2023

    Grant Hock

    RE/MAX

    (603) 315-7804

    Section Image
  • Suzan Hock

    Seller Co-Listing Agent in 2023

    Suzan Hock

    RE/MAX

    (603) 206-9348

    2 in this area

    84 Total Sales

    Suzan Hock
    Section Image

  • L

    Buyer's Agent in 2023

    Linda DiSilvestro

    Coldwell Banker Realty Bedford NH

    (603) 860-3685

    3 in this area

    113 Total Sales

    Linda DiSilvestro
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4936495

PrimeMLS

APN: MNCH-000182-000000-000048C

New Hampshire Hillsborough County Manchester 03102 Rimmon Heights

138 Coolidge Ave Unit C, Manchester, NH

Homes for Sale in Manchester, NH

This home is located at 138 Coolidge Ave Unit C, Manchester, NH 03102 since 07 November 2022 and is currently estimated at $1,190,046, approximately $119 per square foot. This property was built in 1906. 138 Coolidge Ave Unit C is a home located in Hillsborough County with nearby schools including Northwest Elementary School, Middle School at Parkside, and Manchester West High School.

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