$807,500
SOLD NOV 12, 2024
12 Beds
6 Baths
4,905 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

11% Above List Price

2 Days on Market

Highlights

  • Deck
  • Porch
  • Partially Fenced Property
  • Wood Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2024

SUPERB 5-FAMILY INVESTMENT consisting of a LARGE 2-Family featuring HUGE 3-Bedroom units (one unit even has 1.5 Baths) along with a separate 3-FAMILY with identical LARGE 4-Room 2-Bedroom units w/Hardwood floors, BIG eat-in kitchens. All vinyl sided, Newer pressure treated porches/decks/ paved rear parking off alley, upgraded Circuit Breakers and TENANTS PAY ALL UTILITIES !!! Brand new COC. Great tenant rental history ( 4 years to 13 years) Current Gross rents of $76,980.00 with $15,965.00 expenses ( includes taxes) NET $61,015.00 Rents well below market and Potential Gross exceeds $98,500.00 at current market rates. NO SELLER FINANCING . "We've managed this wonderful property for the past 12 years". An ideal Investment !!

Last Agent to Sell the Property

Pierre Peloquin

Pierre Peloquin Realty License #002205 Listed on: 10/09/2024

Last Buyer's Agent

John Bourque

Diamond Key Real Estate/ Haverhill License #072178

Diamond Key Real Estate/ Haverhill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,440

Year Built

  • Built in 1917

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Garden Home
  • Stone Foundation
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,905 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Dirt Floor

Parking

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

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • 100 Amp Service
  • Gas Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 0007 / 11
  • 19% Total Tax Rate

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $15,965
  • Gross Income $76,980
  • Net Operating Income $61,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,440

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: North on Maple Street right on Merrimack Street. #336-338 on left
  • Footprint: 25 x 38 + 24 x 54
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 164.63
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4905
  • Sq Ft - Apx Total Finished: 4905
  • Year Built: 1917
  • Remarks Public: SUPERB 5-FAMILY INVESTMENT consisting of a LARGE 2-Family featuring HUGE 3-Bedroom units (one unit even has 1.5 Baths) along with a separate 3-FAMILY with identical LARGE 4-Room 2-Bedroom units w/Hardwood floors, BIG eat-in kitchens. All vinyl sided, Newer pressure treated porches/decks/ paved rear parking off alley, upgraded Circuit Breakers and TENANTS PAY ALL UTILITIES !!! Brand new COC. Great tenant rental history ( 4 years to 13 years) Current Gross rents of $76,980.00 with $15,965.00 expenses ( includes taxes) NET $61,015.00 Rents well below market and Potential Gross exceeds $98,500.00 at current market rates. NO SELLER FINANCING . "We've managed this wonderful property for the past 12 years". An ideal Investment !!
  • List Agent: 2331
  • Display On Internet: Internet - Cable
  • Architectural Style: Garden
  • ResoLotFeatures: City Lot, Curbing, Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Gas, Water Heater – Owned, Water Heater
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Dirt Floor, Full, Unfinished, Stairs - Basement
  • Sq Ft - Apx Finished AG: 4905

Exterior Features

  • Driveway: Concrete, Paved
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck, Fence - Partial, Porch
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 5 - 10, Paved

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Gas Heater, Hot Water, Individual
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Municipal
  • Utilities: Cable, Gas - On-Site
  • Water Source: Public

Lot Info

  • Map: 113
  • Lot: 0007
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Zoning: Residential
  • Deed Book: 8587
  • Deed Page: 0597
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 76980
  • Net Income: 61015
  • Total Full Baths: 6
  • Total Units: 5
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Rate: 18.86
  • Tax Gross Amount: 10440
  • Tax Year: 2024

Similar Home in Manchester, NH

  • 313 Amherst St, Manchester, NH 03104

    $749,000

    • 10 Beds
    • 3 Baths
    • 4,100 Sq Ft
    • 313 Amherst St
    • Manchester, NH

    Attention Investors! Check out this spacious three-unit property in Manchester, recently renovated units. The building features both off-street and on-street parking, separate utilities, and convenient washer/dryer hookups in the basement. Unit 2 was renovated in December 2022, while Units 1 and 3 were updated in 2021. The roof was replaced in 2023. This property includes two 3-bedroom units and

    ranna khoury New Star Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/12/2024 11/12/24 Sold $807,500 +11.4% $165 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $725,000 +132.0% $148 / Sq Ft
07/26/2013 07/26/13 Sold $312,500 -3.8% $64 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $324,900 -- $66 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5017923

PrimeMLS

APN: 0113 0007