Calling all Investors! This "Investor Grade" 3-Family is perfectly located just a few blocks from Derryfield Park in a neighborhood of well maintained single family homes. Features SPACIOUS 2-Bdrm units on 1st and 2nd floors along with a SPACIOUS 1 - Bedroom on top floor (but currently being used as a 2-Bedroom) Tenants pay all separate utilities. Entire exterior just recently vinyl sided & Aluminum wrapped covings for true 'No Maintenance' worries & Updated vinyl windows. Two car garage provides added revenue of $200.00/ month . All happy residents are 'Tenants at Will', NO LEASES. COC valid to 05-01-2026. Current Gross $45,600.00 with $11,067.00 expenses (includes taxes) NET $34,533.00. An easily managed investment in a great location. Note: Some elbow grease and TLC needed in two of the units..Seller WIL NOT vacate a unit for 'Owner Occupancy'.

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Tax Information

Tax Year2023

Building

Year Built1897
Building ConstructionWood Frame, Vinyl Siding
Units3
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location2
Unit 2 Stylegarden
Unit 2 Total Rooms5
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location3
Unit 3 Stylegarden
Unit 3 Total Rooms4
# of 1 Bedrooms1
# of 2 Bedrooms2
Bathroom3
Total Baths3
BasementBulkhead, Concrete, Full, Unfinished, Stairs - Basement
FoundationGranite

Basic Information

StatusSLD
List Price$475,000
Date Price Change10/28/2023
MLS Number4974269
MLS StatusClosed
Sale Date11/29/2023

Property

Acreage0.15
GarageYes
Parking Spaces2
Lot DescriptionCity Lot, Interior Lot, Level
Lot7
Square Feet2,490
APX Fin AG Sqft2,490
Road Frontage65
AreaNH-Hillsborough

Amenities

Exterior AmenitiesDeck, Porch
PricePerSqFt172.69

Location

TownManchester
StateNH
Zip03104
CountyHillsborough
ZoningRES
Address242 Prospect Street
Flood Zone Y/NNo

Interior

FloorsCarpet, Hardwood, Vinyl

Exterior

RoofSlate
Exterior ColorGreen

Utilities

Heat SystemNatural Gas, Electric, Steam
Electric100 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesCable, Gas - On-Site, Multi Phone Lines

Other

Taxes$6,712
Seasonal Y/NNo
Operating Expenses11067
TrashMunicipal
Date Listed10/16/2023
Unit 1 Deposit$1,450
Unit 2 Rent Amount$1,200
Unit 3 Rent Amount$950
View Count4

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 December 9, 2024 7:53 AM EST

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