$750,000
OPEN FRI 4:30PM - 6PM

Estimated payment $4,801/month

Total Views 745
7 Beds
3 Baths
2,865 Sq Ft
$262 Price per Sq Ft

Highlights

  • Deck
  • Corner Lot
  • 2 Car Garage
  • Wood Flooring
  • Baseboard Heating
  • High Speed Internet

About This Home

Unlock the potential of this versatile and income-generating multi-family property, ideally situated on a corner lot in one of Manchester's established neighborhoods. Featuring three fully rented units with month-to-month leases, this property is perfect for both seasoned investors and savvy owner-occupants. The spacious front unit lives like a single-family home, offering 4-5 bedrooms on 2 levels and plenty of room to spread out. A charming 2-bedroom unit and a cozy 1-bedroom second-floor unit round out the back half of the property, providing a range of rental options. A detached 2-car garage adds even more value, offering potential for additional passive income or extra storage. With two driveways and ample off-street parking, convenience is a key feature. Recent improvements include new flooring, some cosmetic updates and a new deck, plus peace of mind with a roof and appliances all under 10 years old. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this turnkey property is ready to perform. Tenant occupied, therefore showings will be limited to open house times only.

Last Listed By

Amanda Plecinoga

Keller Williams Realty-Metropolitan Listed on: 05/29/2025

Keller Williams Realty-Metropolitan

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,220

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Leased Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Gas Available
  • High Speed Internet

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 31

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,220

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Directions: From I-93, exit 8 to Bridge St heading west. Left (south) on Belmont St, Right (west) on Laurel St. 1st house on the left side. Look for RE sign.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Corner Lot, Near Shopping, Neighborhood, Near Public Transit
  • Road Frontage Type: Paved, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2865.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2865
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 1822
  • SqFt_Apx_Total: 4687
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas, Water Heater – Off Boiler, Water Heater – Separate
  • Total Bedrooms: 7
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Basement: Unfinished, Interior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Block, Brick/Mortar, Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage, Leased, Off Street

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Cable Available, Gas - On-Site
  • Water Source: Public

Schools

  • Elementary School: McDonough School
  • High School: Manchester Central High Sch
  • Middle Or Junior School: Hillside Middle School

Lot Info

  • Surveyed: No
  • Zoning: R-3
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0

Multi Family

  • Gross Income: 82800.0
  • Number Of Units Total: 3
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7220.0
  • Tax Block: 0
  • Tax Lot: 16
  • Tax Map Number: 31

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,220 $382,800 $92,000 $290,800
2022 $6,982 $382,800 $92,000 $290,800
2021 $6,768 $382,800 $92,000 $290,800
2020 $5,923 $240,200 $63,400 $176,800
2019 $5,842 $240,200 $63,400 $176,800
2018 $5,623 $240,200 $63,400 $176,800
2017 $5,570 $240,200 $63,400 $176,800
2016 $5,558 $240,200 $63,400 $176,800
2015 $5,494 $234,400 $63,400 $171,000
2014 $5,508 $234,400 $63,400 $171,000
2013 $5,314 $234,400 $63,400 $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $750,000 -- $262 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 None Available
Foreclosure Deed $440,000 None Available
Warranty Deed $318,000 --
Warranty Deed $282,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $674,419 Commercial
Previous Owner $374,000 Purchase Money Mortgage
Previous Owner $312,240 FHA
Previous Owner $218,915 FHA
Previous Owner $225,600 Purchase Money Mortgage
Source: Public Records

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Source: PrimeMLS

MLS Number: 5043589

PrimeMLS

APN: MNCH-000031-000000-000016