NOT LISTED FOR SALE
-- Bed
-- Bath
7,654 Sq Ft
4,792 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $1,145,000 $150 Per Sq Ft

9 Days on Market

About This Home

As of June 2023

Look at this nice highly sought after westside location in Manchester. Incredible opportunity to own this low-maintenance, turn-key, very easy to maintain 9-family investment! Spacious 1-2 BR units in this vinyl wrapped structure with 6 modest sized 1BRs and 3 modest sized 2-BRs ALL WITH SEPARATE UTILS under one rubber roof! Each apt has porches (some with great city views). These apts are easy to rent being in a nice westside desired neighborhood. 8 parking spaces for easy rentability. All-natural gas heating/hot water for best affordability for your tenants. Landlord pays water/sewer & elec house panel for utils, that’s it. This property has been self-managed bearing pride/commitment using a no-nonsense approach for the last 3 years with the utmost scrutiny when selecting tenants. Only 1 tenant of 9 is ‘inherited’, all others have been personally placed. Current tenants are professional, quiet, respectable, having no dogs, and none are on housing. Current rents are a bit below market, with easy potential for increases due to current high demand rental market. All exterior trim recently painted. COCs don’t get fresher than this, the ink still wet. issued 5/3/23! (NOTE! Listing agent is the owner and a Licensed Real Estate Sales Agent)

Last Agent to Sell the Property

Mike Bunie

Pierre Peloquin Realty License #053531 Listed on: 04/27/2023

Last Buyer's Agent

Matt Graves

RE/MAX Synergy

RE/MAX Synergy

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,924

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3-Story Property

Basement

  • Interior Basement Entry
  • Dirt Floor

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 17

Community Details

Overview

  • 9 Units

Building Details

  • Operating Expense $20,641
  • Gross Income $111,240
  • Net Operating Income $90,599

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,924

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Corner of Sullivan
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 149.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 10570
  • Sq Ft - Apx Total Finished: 7654
  • Year Built: 1900
  • Remarks Public: Look at this nice highly sought after westside location in Manchester. Incredible opportunity to own this low-maintenance, turn-key, very easy to maintain 9-family investment! Spacious 1-2 BR units in this vinyl wrapped structure with 6 modest sized 1BRs and 3 modest sized 2-BRs ALL WITH SEPARATE UTILS under one rubber roof! Each apt has porches (some with great city views). These apts are easy to rent being in a nice westside desired neighborhood. 8 parking spaces for easy rentability. All-natural gas heating/hot water for best affordability for your tenants. Landlord pays water/sewer & elec house panel for utils, that’s it. This property has been self-managed bearing pride/commitment using a no-nonsense approach for the last 3 years with the utmost scrutiny when selecting tenants. Only 1 tenant of 9 is ‘inherited’, all others have been personally placed. Current tenants are professional, quiet, respectable, having no dogs, and none are on housing. Current rents are a bit below market, with easy potential for increases due to current high demand rental market. All exterior trim recently painted. COCs don’t get fresher than this, the ink still wet. issued 5/3/23! (NOTE! Listing agent is the owner and a Licensed Real Estate Sales Agent)
  • List Agent: 2338
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Dirt
  • Sq Ft - Apx Finished AG: 7654
  • Sq Ft - Apx Unfinished AG: 426
  • Sq Ft - Apx Unfinished BG: 2490

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Easements: Unknown

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Utilities: Cable, Gas - At Street, Internet - Cable

Lot Info

  • Map: 191
  • Lot: 1
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 9276
  • Deed Page: 2255
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 111240
  • Net Income: 90599
  • Total Units: 9
  • Total1 Bedroom Units: 6
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 14924
  • Tax Year: 2022

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
06/30/2023 06/30/23 Sold $1,145,000 -4.2% $150 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,195,000 +96.9% $156 / Sq Ft
04/01/2020 04/01/20 Sold $607,000 -5.9% $79 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $645,000 0.0% $84 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $645,000 0.0% $84 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $645,000 -- $84 / 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: 4950322

PrimeMLS