NOT LISTED FOR SALE

507 Montgomery St Manchester, NH 03102

Rimmon Heights Neighborhood
10 Beds
4 Baths
3,518 Sq Ft
5,227 Sq Ft Lot

Last Sold June 01, 2023

Last sale price $640,000 $182 Per Sq Ft

1 Day on Market

About This Home

As of June 2023

Easy to manage, fully occupied West Manchester four family. All units rented in this great West Manchester location that offers 4 units with 2 bedrooms in three units and a four bedroom. Perfect opportunity for owner occupancy or investment with off-street parking for 5. Washer/dryer hookups in most units. Easy highway access, close to shopping, schools, entertainment, all area amenities. Showings begin Wednesday 05/03/23

Last Agent to Sell the Property

Matthew Ping

Ledgeview Commercial Partners, LLC License #068621 Listed on: 04/27/2023

Last Buyer's Agent

Justin Brown

Three Hills REal Estate Service License #077433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,537

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0043

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $17,188
  • Gross Income $64,951
  • Net Operating Income $47,763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,537

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 413200
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 181.92
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4925
  • Sq Ft - Apx Total Finished: 3518
  • Year Built: 1900
  • Remarks Public: Easy to manage, fully occupied West Manchester four family. All units rented in this great West Manchester location that offers 4 units with 2 bedrooms in three units and a four bedroom. Perfect opportunity for owner occupancy or investment with off-street parking for 5. Washer/dryer hookups in most units. Easy highway access, close to shopping, schools, entertainment, all area amenities. Showings begin Wednesday 05/03/23
  • List Agent: 23366
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 3518
  • Sq Ft - Apx Unfinished BG: 1407

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Driveway, Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable, Dsl - Available, High Speed Intrnt -Atsite

Lot Info

  • Map: 0179
  • Lot: 0043
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 9197
  • Deed Page: 1116
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 64951
  • Net Income: 47763
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 7537
  • Tax Year: 2022

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
06/01/2023 06/01/23 Sold $640,000 0.0% $182 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $640,000 +140.9% $182 / Sq Ft
05/19/2016 05/19/16 Sold $265,632 +2.6% $76 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $259,000 -- $74 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Ping

    Ledgeview Commercial Partners, LLC

    (603) 591-1246

    6 in this area

    20 Total Sales

    Matthew Ping
    Section Image
  • Justin Brown

    Buyer's Agent in 2023

    Justin Brown

    Three Hills REal Estate Service

    (617) 461-6511

    1 in this area

    52 Total Sales

    Justin Brown
    Section Image
  • Lisa Parda

    Seller's Agent in 2016

    Lisa Parda

    RealtyScape Brokerage, LLC

    (603) 897-9309

    2 in this area

    29 Total Sales

    Lisa Parda
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4950277

PrimeMLS
New Hampshire Hillsborough County Manchester 03102 Rimmon Heights

507 Montgomery St, Manchester, NH

This home is located at 507 Montgomery St, Manchester, NH 03102 since 27 April 2023. This property was built in 1900. 507 Montgomery St is a home located in Hillsborough County with nearby schools including Northwest Elementary School, Middle School at Parkside, and Manchester West High School.

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