NOT LISTED FOR SALE

16 School St Manchester, MA 01944

Estimated Value: $1,665,954

5 Beds
4 Baths
4,006 Sq Ft
$416/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $960,000 $240 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,791/month

10 Days on Market

About This Home

As of March 2017

OPEN on Jan 9th 9:30-10:30am-Last chance to preview prior to offer submission deadline on 1/10 at noon. The historic Captain Cyrus Dodge House provides a rare investment opportunity in the heart of downtown Manchester. This 4 unit building is mixed use and has three floor through residential apartments ( 2-two bedrooms & 1-one bedroom) and a ground level office with multiple work stations. Common coin laundry in utility room. Lovely large backyard over looks Central Pond and 5 car gravel parking area with a shared paved driveway. Long term tenants have enjoyed downtown and water views as well as the easy convenience of walking to shops, restaurants and train as well as the pristine Singing Beach! Each apartment has its own unique character with varying features. Kitchen and bathrooms could use some updating and justify increasing rental income. Although working fine- buyer may want to install a new roof ( $10,800 estimate) and upgrade some of the electrical service. Don't miss out!

Last Agent to Sell the Property

Holly Fabyan

J. Barrett & Company Listed on: 01/02/2017

Last Buyer's Agent

Holly Fabyan

J. Barrett & Company Listed on: 01/02/2017

Property Details

Home Type

Multi-Family

Year Built

1848

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Gentle Slope, Scenic View(s)
  • Property Type: Multi-family
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1848

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • Electric: Fuses, Circuit Breakers, 60 Amps/Less, 100 Amps, Individually Metered, Varies per Unit
  • Flooring: Wood, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Finished, Walk Out
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard, Brick
  • Exterior Features: Deck, Patio, Balcony, Gutters, Storage Shed, Garden Area, Stone Wall
  • Foundation: Brick
  • Beach: Harbor, Ocean, Walk to
  • Beach Ownership: Public
  • Waterfront: Pond, Frontage, Direct Access
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, On Street Permit, Common, Stone/Gravel, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Cooling Zones: 2
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank, Tankless
  • Utility Connections: Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: M:0053 B:0000 L:0037
  • Zoning: G
  • Lot: 0037

Multi Family

  • Appliances Common: Washer, Dryer
  • Expenses Year End: 12/16
  • Foundation: 0X0
  • Heat Units: 2
  • Common Room: Laundry
  • Total Bedrooms: 5
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 4
  • Total Rms: 11
  • Waterview: Canal, Pond

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $960,000 -16.5% $240 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $1,150,000 -- $287 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $10,665 $1,165,600 $457,600 $708,000
2024 $10,129 $1,083,300 $436,000 $647,300
2023 $10,434 $1,000,400 $396,400 $604,000
2022 $10,413 $982,400 $378,400 $604,000
2021 $10,598 $964,300 $360,300 $604,000
2020 $11,095 $948,300 $360,300 $588,000
2019 $10,494 $934,500 $360,300 $574,200
2018 $10,269 $931,000 $360,300 $570,700
2017 $7,648 $695,300 $360,300 $335,000
2016 $6,983 $630,800 $315,800 $315,000
2015 $6,838 $630,800 $315,800 $315,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72104438

MLS Property Information Network (MLS PIN)

APN: MANC-000053-000000-000037

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