For sale $1,595,000 | $295 per sq.ft. | MLS# 5085181
A
9
Unit Multi Family Home, in Manchester NH
With 7 - One Bedroom Units | 2 - Two Bedroom Units
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Description:
Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated units--seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including several new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, over-improved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public garage under construction directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester's most desirable rental locations.
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Unit No |
Beds |
Baths |
Rooms |
Floors |
Sq Ft |
Furnished |
Heat Inc. |
Rent |
Rented |
| 1 |
1 |
1 |
|
|
|
|
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1415.00 |
Yes |
2 |
1 |
1 |
|
|
|
|
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1440.00 |
Yes |
| 3 |
2 |
1 |
|
|
|
|
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1760.00 |
No |
| 4 |
1 |
1 |
|
|
|
|
|
1410.00 |
Yes |
| 5 |
1 |
1 |
|
|
|
|
|
1350.00 |
Yes |
| 6 |
1 |
1 |
|
|
|
|
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1350.00 |
|
|
|
1 |
|
|
|
|
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1300.00 |
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| 8 |
2 |
1 |
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|
|
Yes |
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Annual Expenses
$0
Taxes: $16,016 |
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Construction: Wood Frame | Brick Exterior | Exterior Color Brick | Price Per SQ.FT. 295.37 | Year Built: 1900
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No. of Floors-| 3
Avail.Sq.Ft.: 9
Finished Sq.Ft.: 7200
Above Grade Sq.Ft.: 5400
Below Grade Sq.Ft.: 0
Basement: Concrete Floor | Full | Partially Finished
Electric: 100 Amp Service | Circuit Breaker(s)
Style: Multi-Family
Utilities: Cable Available
Electric Meters: 10
Gas_Meters: 9
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Style: Multi-Family
Roof: Flat | Membrane
Water: Public
Sewer: Public
Seasonal: No
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