NOT LISTED FOR SALE
8 Beds
4 Baths
3,100 Sq Ft
0.29 Acres

Last Sold July 29, 2022

Last sale price $399,900 $129 Per Sq Ft

4 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Bocce Ball Court
  • Heating System Uses Steam

About This Home

As of July 2022

Introducing Manchester's multi family investment property of the year! All of the expensive work has been done for you. Owned and managed by the current owner since 1984, this property is in turnkey condition for the next investor. Vinyl sided with a BRAND NEW 50 year roof with transferable warranty and top quality energy efficient vinyl windows throughout. 4 identical 2 bedroom units with hardwood flooring and appliances. Central heating system only 9 years old with a brand new hot water heater. The numbers work like a dream! 20% down payment will yield approximately 20 percent return on your investment each year. (Subject to full occupancy.) Ample parking for all 4 units with two separate driveways and a large parking area in the rear. Fantastic location within very close proximity to bus routes, library and downtown Manchester.

Last Listed By

Paige Niver

William Raveis Real Estate License #RES.0784120 Listed on: 06/13/2022

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1901

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Manchester High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Ground

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bocce Ball Court

Additional Features

  • Public Transportation
  • Gross Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,704

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Neighborhood: Central
  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3100
  • Public Record Living Room Sq Ft: 3100
  • Total Sq Ft: 3100
  • Year Built: 1901
  • Nearby Amenities: Bocci Court, Library, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6420
  • Tax Year Updated Dt: 07/13/2022
  • Directions: East Center Street to Winter Street. No sign.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Crushed Stone, Gravel

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Manchester

Green Features

  • Energy Features: Ridge Vents

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Zoning: RB

Multi Family

  • Gross Annual Income: 55000
  • Net Operating Income: 40000
  • Unit Count: 4
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6704
  • Total Assessed Value: 185600
  • Mil Rate Base: 36.120
  • Mil Rate Total: 36.120
  • Assessor Parcel Number: 2431546

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Manchester

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $399,900 0.0% $129 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $399,900 -4.8% $129 / Sq Ft
06/20/2022 06/20/22 For Sale $419,900 -- $135 / Sq Ft
Source: SmartMLS

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
2024 $7,179 $185,600 $23,900 $161,700
2023 $6,904 $185,600 $23,900 $161,700
2022 $6,704 $185,600 $23,900 $161,700
2021 $6,013 $143,400 $23,900 $119,500
2020 $6,004 $143,400 $23,900 $119,500
2019 $5,980 $143,400 $23,900 $119,500
2018 $5,866 $143,400 $23,900 $119,500
2017 $5,700 $143,400 $23,900 $119,500
2016 $5,424 $136,700 $30,300 $106,400
2015 $5,386 $136,700 $30,300 $106,400
2014 $5,283 $136,700 $30,300 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170500073

SmartMLS

APN: MANC 608000014