NOT LISTED FOR SALE

Manchester, NH 03104

6 Beds
10 Baths
5,662 Sq Ft
0.29 Acres

Last Sold October 31, 2016

Last sale price $575,000 $102 Per Sq Ft

13 Days on Market

About This Home

As of October 2016

Location highlights this premium north end property. 2 commercial units with storefronts on high traffic Webster Street and 8 one bedroom units with a positive cash flow. Plenty of off street parking, updates and long term tenants. Great upside potential with this positive cash flow property. Unit 9 is a 1bed/1bath/1st. fl/$625.00 per mo., Unit 10 is a 1 bed/1bath/2nd fl/$861.00 per mo. (sec. 8). Please, 48 hour notice to show.

Last Agent to Sell the Property

Paul O'Brien

Partners Realty Group License #011589 Listed on: 05/26/2016

Last Buyer's Agent

Paul O'Brien

Partners Realty Group License #011589 Listed on: 05/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,969

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 10 Full Bathrooms
  • 5,662 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • 510 Car Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

Overview

  • 10 Units

Building Details

  • 10 Separate Gas Meters
  • Gross Income $76,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,969

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Elm to Webster
  • Flood Zone: Unknown
  • Footprint: Irregular
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 101.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5662
  • Sq Ft - Apx Total Finished: 5662
  • Property Type: Multi-Family
  • Year Built: 1920
  • Remarks Public: Location highlights this premium north end property. 2 commercial units with storefronts on high traffic Webster Street and 8 one bedroom units with a positive cash flow. Plenty of off street parking, updates and long term tenants. Great upside potential with this positive cash flow property. Unit 9 is a 1bed/1bath/1st. fl/$625.00 per mo., Unit 10 is a 1 bed/1bath/2nd fl/$861.00 per mo. (sec. 8). Please, 48 hour notice to show.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5662

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Other

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Total Electric Meters: 10
  • Total Gas Meters: 10
  • Total Heat Units: 10
  • Total Ranges: 8
  • Total Refrigerators: 8
  • Total Water Heaters: 10
  • Trash: Cans

Schools

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

Lot Info

  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Lot Description: City Lot, Corner, Level
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 7872
  • Deed Page: 2347
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 76332
  • Total Full Baths: 10
  • Total Units: 10
  • Total1 Bedroom Units: 8

Tax Info

  • Tax Gross Amount: 10969
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2007
Sold by
Kdb Properties Llc
Bought by
Katsiantonis Chrysoula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Outstanding Balance
$309,474
Interest Rate
6.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Katsiantonis Chrysoula $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katsiantonis Chrysoula $498,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $575,000 -4.2% $102 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $600,000 -- $106 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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
2024 $7,372 $376,500 $55,000 $321,500
2023 $7,101 $376,500 $55,000 $321,500
2022 $6,867 $376,500 $55,000 $321,500
2021 $6,657 $376,500 $55,000 $321,500
2020 $6,910 $280,200 $49,600 $230,600
2019 $6,814 $280,200 $49,600 $230,600
2018 $6,635 $280,200 $49,600 $230,600
2017 $6,534 $280,200 $49,600 $230,600
2016 $6,484 $280,200 $49,600 $230,600
2015 $6,683 $285,100 $51,500 $233,600
2014 $6,700 $285,100 $51,500 $233,600
2013 $6,463 $285,100 $51,500 $233,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paul O'Brien

    Partners Realty Group

    (603) 289-2244

    1 Total Sale

    Paul O'Brien
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Source: PrimeMLS

MLS Number: 4493421

PrimeMLS

APN: MNCH-000374-000000-000022

New Hampshire Hillsborough County Manchester

03104

This home since 26 May 2016. This property was built in 1920. This home is a home located in Hillsborough County with nearby schools including Webster School, Hillside Middle School, and Manchester Central High School.

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