NOT LISTED FOR SALE
10 Beds
6 Baths
5,164 Sq Ft
5,663 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $495,000 $96 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Level Lot
  • 1-minute walk to Henry J. Sweeny Park
  • Covered patio or porch
  • Carpet

About This Home

As of July 2020

WEST SIDE "LEAD SAFE" 6-FAMILY INVESTMENT !! Over $90,000.00 SPENT in Lead Renovations in 2017 (Abatement Certificates of Compliance for each unit). This MONEY MAKER features 4 2-bedroom units and 2 1-bedroom units with tenants paying all utilities (natural gas heat/hot water). Washer/dryer hook-ups in all units, Vinyl sided, vinyl windows, new front roof, parking in rear for 7 vehicles, Pressure treated rear decks, Current gross $57,240 with $12,609 expenses (includes taxes) NET $44,631. Very STABLE Rental History , We've managed this for many years. 24 hour notice to view. Agents/buyers must follow NH State Covid guidelines. THIS CURRENTLY IS THE ONLY 6-FAMILY INVESTMENT AVAILABLE IN MANCHESTER. WILL ONLY BE SHOWN TO SERIOUS, QUALIFIED BUYERS

Last Agent to Sell the Property

Pierre Peloquin

Pierre Peloquin Realty License #002205 Listed on: 06/12/2020

Last Buyer's Agent

Tom Desroche

Granite Realty LLC License #070216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2.5-Story Property
  • Stove

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Manchester West High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $12,609
  • Gross Income $57,240
  • Net Operating Income $44,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: South Main Street to Parker Street, Building on right
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 95.86
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7490
  • Sq Ft - Apx Total Finished: 5164
  • Year Built: 1910
  • Remarks Public: WEST SIDE "LEAD SAFE" 6-FAMILY INVESTMENT !! Over $90,000.00 SPENT in Lead Renovations in 2017 (Abatement Certificates of Compliance for each unit). This MONEY MAKER features 4 2-bedroom units and 2 1-bedroom units with tenants paying all utilities (natural gas heat/hot water). Washer/dryer hook-ups in all units, Vinyl sided, vinyl windows, new front roof, parking in rear for 7 vehicles, Pressure treated rear decks, Current gross $57,240 with $12,609 expenses (includes taxes) NET $44,631. Very STABLE Rental History , We've managed this for many years. 24 hour notice to view. Agents/buyers must follow NH State Covid guidelines. THIS CURRENTLY IS THE ONLY 6-FAMILY INVESTMENT AVAILABLE IN MANCHESTER. WILL ONLY BE SHOWN TO SERIOUS, QUALIFIED BUYERS
  • List Agent: 2331
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5164
  • Sq Ft - Apx Unfinished BG: 2326

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 6+, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Gas - Natural, Owned, Separate, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Stove - Gas
  • Separate Utilities: Yes
  • Total Electric Meters: 7
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Municipal
  • Utilities: Cable - Available, Gas - On-Site

Schools

  • School District: Manchester Sch Dst SAU #37
  • High School: Manchester West High School
  • High School: Manchester West High School

Lot Info

  • Map: 378
  • Lot: 17
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 8940
  • Deed Page: 2502
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 57240
  • Net Income: 44631
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 7158.46
  • Tax Year: 2019

MLS Schools

  • School District: Manchester Sch Dst SAU #37

Range of Values:

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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
07/15/2020 07/15/20 Sold $495,000 +6.5% $96 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $465,000 -- $90 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4810479

PrimeMLS