$2,240,000 | $334 per sq.ft.
A
12
Unit Multi Family Home, in Manchester NH
With 10 - Three Bedroom Units MLS# 4994455
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Listed by Viktoria AlkovaKW Coastal and Lakes & Mountains Realty on May 7th 2024
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DESCRIPTION
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Unique twelve-unit walk-up property nestled in Manchester, with two buildings situated on a large lot. Both 3-story buildings feature a durable vinyl siding exterior and a total of 10 spacious three-bedroom, one-bath residential units and 2 commercial units on the ground level. All are fully rented with leases in place. Each unit boasts brand-new kitchens, appliances, flooring, and updated mechanical and plumbing systems, ensuring a modern and comfortable living experience. Separate electric and heat are paid by the tenants. Additionally, two commercial suites on the ground level have long term leases in place. With its strong rental history and attractive features, this property presents a strategic investment opportunity. It could be a great fit for 1031 exchange. Owner is a licensed realtor.
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UNIT 1 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Level: 2Tenant Pays : All UtilitiesRent : 1875.00 MonthlyLease Term : Annual Status : Leased
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UNIT 2 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Level: 2Tenant Pays : All UtilitiesRent : 1875.00 MonthlyLease Term : Annual Status : Leased
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UNIT 3 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Level: 2Tenant Pays : All UtilitiesRent : 1850.00 MonthlyLease Term : Annual Status : Leased
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UNIT 4 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Tenant Pays : All UtilitiesRent : 1875.00 Monthly
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UNIT 5 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Info : Hot WaterTenant Pays : All UtilitiesRent : 1850.00 Monthly
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UNIT 6 INFORMATION
Beds: 3Baths: 1Rooms: 6Sq.Ft.: 1300Tenant Pays : All UtilitiesRent : 1900.00 MonthlyLease Term : Annual Status : Leased
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CONSTRUCTION
Wood Frame | Vinyl Siding | Exterior Color White | Year Built: 1880
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No. of Floors:3
Total Sq.Ft. Finished: 6699
Above Grade Sq.Ft.: 6699
Price Per SQ.FT. 334.38
Basement: Concrete
Foundation: Concrete
Heating: Hot Water
Cooling: None
HeatFuel: Gas - Natural
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
Electric Meters: 4
Gas_Meters: 0
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Style: Apartment Building | Multi-Family | Multi-Level
Roof: Flat
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: Level
Lot size: 0.25 acres
Zoned: R-3
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 60
Driveway: Common/Shared
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PROPERTY INFORMATION
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Taxes $17,483
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AREA INFORMATION
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