Listing Tools

Listed by Casey Purinton of BHHS Verani Londonderry (Phone: 603-397-8246)

Listing Sold by BHHS Verani Nashua
Fully occupied six-unit multi-family building consisting of two one-bedroom units, two spacious one+ bedroom units, a sprawling two-bedroom unit on the third floor, and a distinctive bi-level, one-bedroom unit. The building has had many upgrades over the years while still proudly presenting its original charm with the preserved decorative moldings seen on the exterior. The total annual rental income amounts to $95,280.00, with a net operating income of $72,799.60. There's opportunity for value enhancement by introducing laundry facilities, potentially using the existing hook-ups in the basement, and following a financial pro-forma, $115,200.00, based on market rents. Three of the units have been turned and are nicely updated and though the other three units are clean and well-kept, there is still room to add value by making some cosmetic improvements. The property has two paved driveways, providing ample parking. Its convenient location is walking distance to downtown and access to interstates 293 and 93 is only minutes away. Easy to rent with heat being included! New roof! COC is good through 3/28/2026. Don't let this investment opportunity pass you by! Showings by private appointment.

More Info

Tax Information

  • Tax Year2022

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleApartment Building, Multi-Family
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • # of 1 Bedrooms5
  • # of 2 Bedrooms1
  • BasementConcrete Floor, Dirt Floor, Unfinished, Interior Access, Exterior Access
  • FoundationBrick, Granite

Basic Information

  • StatusSLD
  • List Price$939,900
  • Date Price Change09/17/2023
  • MLS Number4966175
  • MLS StatusClosed
  • Sale Date11/15/2023

Exterior

  • ExteriorVinyl Siding
  • RoofOther, Shingle - Architectural

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Water HeaterDomestic, Gas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, Gas - On-Site

Location

  • TownManchester
  • StateNH
  • Zip03104
  • CountyHillsborough
  • ZoningRES
  • Flood Zone Y/NNo

Property

  • Acreage0.18
  • Parking Spaces
  • Lot DescriptionCity Lot, Corner
  • Lot32
  • Square Feet4,579
  • APX Fin AG Sqft4,579
  • RoadsPublic

Amenities

  • PricePerSqFt196.55

Other

  • Taxes$8,727.84
  • Seasonal Y/NNo
  • Date Listed08/18/2023
  • Unit 1 Deposit$1,645
  • Unit 2 Rent Amount$990
  • Unit 3 Rent Amount$995
  • Unit 4 Rent amount$1,495
  • Unit 5 Rent amount$1,765
  • View Count3

Map Location

Driving Directions

Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 25, 2024 11:56 AM EDT

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.