NOT LISTED FOR SALE

246 Main St Manchester, NH 03102

Notre Dame Neighborhood
-- Bed
12 Baths
10,755 Sq Ft
4,792 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $1,275,000 $119 Per Sq Ft

14 Days on Market

About This Home

As of October 2020

Turn-key investment opportunity on the west side of Manchester. This solid 12 unit multifamily is expected to bring in $158,840 in gross rent and an NOI of $105,859 in 2020. All apartments are 3 bedrooms 1 bath. Leases include heat, hot water, and trash removal. Tenants are responsible for electric. This property is being offered at a 8.14% cap! Showings scheduled only upon qualification of buyers to include proof of funds or bank letter.

Last Agent to Sell the Property

Cassandra Farley

Colliers International License #071679 Listed on: 07/13/2020

Co-Listed By

Matthew Bacon

Anagnost Realty & Development License #069431

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,671

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 12 Full Bathrooms
  • 4-Story Property
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Tax Block 0008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,671

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 726600
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 4+
  • Price Per Sq Ft: 118.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 14332
  • Sq Ft - Apx Total Finished: 10755
  • Property Type: Multi-Family
  • Year Built: 1910
  • Remarks Public: Turn-key investment opportunity on the west side of Manchester. This solid 12 unit multifamily is expected to bring in $158,840 in gross rent and an NOI of $105,859 in 2020. All apartments are 3 bedrooms 1 bath. Leases include heat, hot water, and trash removal. Tenants are responsible for electric. This property is being offered at a 8.14% cap! Showings scheduled only upon qualification of buyers to include proof of funds or bank letter.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 10755
  • Sq Ft - Apx Unfinished BG: 3577

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Flat
  • Easements: Unknown

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 12

Lot Info

  • Map: 0190
  • Lot: 00
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 9171
  • Deed Page: 524
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 12
  • Total Units: 12
  • Total3 Plus Bedroom Units: 12

Tax Info

  • Tax Gross Amount: 17670.91
  • Tax Year: 2019

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

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $1,275,000 -1.9% $119 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,300,000 +18.2% $121 / Sq Ft
05/23/2019 05/23/19 Sold $1,100,000 0.0% $102 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $1,100,000 -- $102 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cassandra Farley

    Seller's Agent in 2020

    Cassandra Farley

    Colliers International

    (603) 636-7639

    1 in this area

    16 Total Sales

    Cassandra Farley
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Matthew Bacon

    Anagnost Realty & Development

    (603) 200-4023

    1 in this area

    17 Total Sales

    Matthew Bacon
    Section Image

  • A

    Buyer's Agent in 2020

    A non PrimeMLS member

    VT_ME_NH_NEREN

  • Daniel Curtis

    Seller's Agent in 2019

    Daniel Curtis

    BHHS Verani Bedford

    (603) 345-0053

    3 in this area

    22 Total Sales

    Daniel Curtis
    Section Image

  • C

    Buyer's Agent in 2019

    Chris Pascucci

    SVN The Masiello Group - Bedford

See All Agents

Map

Source: PrimeMLS

MLS Number: 4816297

PrimeMLS
New Hampshire Hillsborough County Manchester 03102 Notre Dame

246 Main St, Manchester, NH

This home is located at 246 Main St, Manchester, NH 03102 since 13 July 2020. This property was built in 1910. 246 Main St is a home located in Hillsborough County with nearby schools including Gossler Park Elementary School, Middle School at Parkside, and Manchester West High School.

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