NOT LISTED FOR SALE

420 Maple St Manchester, NH 03103

Kalivas-Union Neighborhood
-- Bed
6 Baths
5,514 Sq Ft
3,049 Sq Ft Lot

Last Sold July 17, 2019

Last sale price $459,900 $83 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 5-minute walk to Bronstein Park
  • Covered patio or porch

About This Home

As of July 2019

Attractive & spacious 6-family: Four 2-bedrms, Two 3-bedrms. Most apts remodeled in past 2 yrs; sep. meters but owner pays a few utilities which are included in rent; on-street parking, or nearby rental lot if needed...never a problem: minimal exterior expense, no lawn. On busline. Asbestos was professionally removed in 2018, including old boiler. Quiet household. Income: $77,705 ; Expenses: -$24,949. ; Vacancy/mgmt/maint : - $7,770.(10% Vac.,maint,mgmt)= $ 44,986. 9.6% CAP RATE; 24% ROI after 80% mortgage payments. Rent roll: $1100,1100,1300,950,900,1250

Last Listed By

Joan Blais

BHHS Verani Londonderry Brokerage Phone: 603-540-5104 License #005229 Listed on: 05/24/2019

BHHS Verani Londonderry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,778

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Carpet

Unfinished Basement

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

Outdoor Features

  • Covered patio or porch

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $32,719
  • Gross Income $77,705
  • Net Operating Income $44,986

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,778

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North on Maple St, on left side,3 bldgs north of Merrimack St (Gray bldg)
  • Assessment Amount: 328500
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 83.41
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7352
  • Sq Ft - Apx Total Finished: 5514
  • Year Built: 1910
  • Remarks Public: Attractive & spacious 6-family: Four 2-bedrms, Two 3-bedrms. Most apts remodeled in past 2 yrs; sep. meters but owner pays a few utilities which are included in rent; on-street parking, or nearby rental lot if needed...never a problem: minimal exterior expense, no lawn. On busline. Asbestos was professionally removed in 2018, including old boiler. Quiet household. Income: $77,705 ; Expenses: -$24,949. ; Vacancy/mgmt/maint : - $7,770.(10% Vac.,maint,mgmt)= $ 44,986. 9.6% CAP RATE; 24% ROI after 80% mortgage payments. Rent roll: $1100,1100,1300,950,900,1250
  • List Agent: 6536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Wood
  • Total Rooms Above Ground: 26
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5514
  • Sq Ft - Apx Unfinished BG: 1838

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Flat, Membrane
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural Available
  • Heating: Gas Heater - Vented
  • Total Electric Meters: 6
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Utilities: Cable

Schools

  • School District: Manchester Sch Dst SAU #37

Lot Info

  • Map: 0028
  • Lot: 13
  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 9111
  • Deed Page: 1307
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 77705
  • Net Income: 44986
  • Total Full Baths: 6
  • Total Units: 6
  • Total2 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7778
  • Tax Year: 2018

MLS Schools

  • School District: Manchester Sch Dst SAU #37

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
07/17/2019 07/17/19 Sold $459,900 0.0% $83 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $459,900 +15.0% $83 / Sq Ft
09/21/2018 09/21/18 Sold $400,000 -2.4% $73 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $410,000 -- $74 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joan Blais

    Seller's Agent in 2019

    Joan Blais

    BHHS Verani Londonderry

    (603) 540-5104

    13 in this area

    123 Total Sales

    Joan Blais
    Section Image
  • Gregory Kydd

    Buyer's Agent in 2019

    Gregory Kydd

    Coldwell Banker Chelmsford

    (978) 866-6641

    66 Total Sales

    Gregory Kydd
    Section Image

  • R

    Seller's Agent in 2018

    Robert Mongan

    Robert Mongan Realtor

    (603) 668-4448

    6 Total Sales

    Robert Mongan
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4753754

PrimeMLS

New Hampshire Hillsborough County Manchester 03103 Kalivas-Union

420 Maple St, Manchester, NH

Homes for Sale in Manchester, NH

This home is located at 420 Maple St, Manchester, NH 03103 since 24 May 2019. This property was built in 1910. 420 Maple St is a home located in Hillsborough County with nearby schools including Beech Street School, Henry J. McLaughlin Middle School, and Manchester Central High School.

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