NOT LISTED FOR SALE

349 Hanover St Manchester, NH 03104

Corey Square Neighborhood
8 Beds
9 Baths
5,505 Sq Ft
9,148 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $1,300,000 $236 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Level Lot
  • 6 Car Detached Garage
  • Baseboard Heating
  • 4-minute walk to Bronstein Park

About This Home

As of April 2022

SUPERB "HANOVER HILL" 9-FAMILY that has been very well maintained by professional investor for the past 18 years. Ideally situated on a LARGE corner lot this PERFECT INVESTMENT Features all EASILY MANAGED 1-BDRM units, Vinyl sided, vinyl windows, HARDWOOD FLOORS, Full fiberglass tubs, Six units have South Facing enclosed Sunporches. All residents pay for their NATURAL GAS FHW heating ( 9 newer heating systems) + their own electric. Excellent rental history with majority of residents having lived here for 10+ years. Added bonus with 6 car garage (newer doors) provided free of charge + parking for additional 6 vehicles. Security entry doors, coin-op laundry availability in basement. Current GROSS $109,420.00 with $21,512.00 Expenses ( includes taxes). BIG SOLID NET of $87,908.00 . POTENTIAL gross $145,000.00 w/market rate rents and garage rents/coin-ops. We sold this WINNING INVESTMENT to current owner 18 years ago & proud to offer again in this marketplace. Multiple Offer Situation. Deadline for Offers Monday Feb, 21 at noon.

Last Listed By

Pierre Peloquin

Pierre Peloquin Realty Listed on: 02/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,907

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 6 Car Detached Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

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

Outdoor Features

  • Enclosed patio or porch

Schools

  • Mcdonough Elementary School
  • Hillside Middle School
  • Manchester Central High Sch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 300 / 30

Community Details

Overview

  • 9 Units

Building Details

  • 10 Separate Gas Meters
  • Operating Expense $21,512
  • Gross Income $109,420
  • Net Operating Income $87,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,907

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North on Maple Street right onto Hanover Street. #349 on right side
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 236.15
  • Year Built: 1920
  • Remarks Public: SUPERB "HANOVER HILL" 9-FAMILY that has been very well maintained by professional investor for the past 18 years. Ideally situated on a LARGE corner lot this PERFECT INVESTMENT Features all EASILY MANAGED 1-BDRM units, Vinyl sided, vinyl windows, HARDWOOD FLOORS, Full fiberglass tubs, Six units have South Facing enclosed Sunporches. All residents pay for their NATURAL GAS FHW heating ( 9 newer heating systems) + their own electric. Excellent rental history with majority of residents having lived here for 10+ years. Added bonus with 6 car garage (newer doors) provided free of charge + parking for additional 6 vehicles. Security entry doors, coin-op laundry availability in basement. Current GROSS $109,420.00 with $21,512.00 Expenses ( includes taxes). BIG SOLID NET of $87,908.00 . POTENTIAL gross $145,000.00 w/market rate rents and garage rents/coin-ops. We sold this WINNING INVESTMENT to current owner 18 years ago & proud to offer again in this marketplace. Multiple Offer Situation. Deadline for Offers Monday Feb, 21 at noon.
  • List Agent: 2331
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5505
  • Sq Ft - Apx Unfinished AG: 797
  • Sq Ft - Apx Unfinished BG: 1835

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Flat, Membrane
  • Easements: Unknown
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Garage Capacity: 6
  • Parking: Driveway, Garage, On-Site, Parking Spaces 11 - 20, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Gas - Natural, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 10
  • Total Gas Meters: 10
  • Total Heat Units: 9
  • Total Ranges: 9
  • Total Refrigerators: 9
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Gas - On-Site

Schools

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: McDonough School
  • Middle School: Hillside Middle School
  • High School: Manchester Central High Sch
  • Elementary School: McDonough School
  • High School: Manchester Central High Sch

Lot Info

  • Map: 113
  • Lot: 300
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 7005
  • Deed Page: 758
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 109420
  • Net Income: 87908
  • Total Full Baths: 9
  • Total Units: 9
  • Total1 Bedroom Units: 9

Tax Info

  • Tax Gross Amount: 14907.24
  • Tax Year: 2022

MLS Schools

  • School District: Manchester Sch Dst SAU #37
  • School Middle Jr: Hillside Middle School

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
04/26/2022 04/26/22 Sold $1,300,000 +25.6% $236 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,035,000 -- $188 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Pierre Peloquin

    Seller's Agent in 2022

    Pierre Peloquin

    Pierre Peloquin Realty

    (603) 661-4225

    12 in this area

    137 Total Sales

    Pierre Peloquin
    Section Image
  • Melissa Robbins Starkey

    Buyer's Agent in 2022

    Melissa Robbins Starkey

    STARKEY Realty, LLC

    (603) 491-8776

    3 in this area

    121 Total Sales

    Melissa Robbins Starkey
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4898283

PrimeMLS

New Hampshire Hillsborough County Manchester 03103 Corey Square

349 Hanover St, Manchester, NH

Homes for Sale in Manchester, NH

This home is located at 349 Hanover St, Manchester, NH 03104 since 17 February 2022. This property was built in 1920. 349 Hanover St is a home located in Hillsborough County with nearby schools including McDonough Elementary School, Hillside Middle School, and Manchester Central High School.

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