Multi Family/Income

Multi-Family for Sale
Catylist Listing ID: 30040744
Property Subtypes: Low-Rise/Garden
Number of Units: 3 Units
Building Size (RSF): 2,257 SF
Gross Land Area: 0.07 SF
Sale Price: $178,000
Unit Price: $59,333.33 Per Unit
Property Use Type: Investment
Usable Size (USF): 1,305 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/1/2017

Overview / Comments

PRICE REDUCTION! Nicely maintained 3 unit (2- 1 Br, 1 studio) apartment building (MLS 4617729) Has COC.
Adjacent property (379 Manchester St), same owner, for sale also (MLS 4617729).
Same owner for 17 years, has stable rents. .

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $3,801 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Manchester
Tax ID/APN: 8396
Zoning: R-2
Percent Occupied: 100%
Property Located Between: Between Lincoln and Wilson Streets
Highway Access: Interstates 293/93 within 2 miles.
Airports: Manchester
Area Description: In an area of multi family and single family homes. Local market on corner and close proximity to Manchester Central HS.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1890
Roof Type: Flat
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Parking Description: Garage for one vehicle, plus storage over top. adjacent parking off street behind building.
Total Parking Spaces: 3
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Fuel: Gas
Interior Description: Floors (Carpet and vinyl tile). 1 full bath per unit, 1 bedroom, kitchen and living room. Studio/ Bedroom, kitchen and bath.
Zoning Description: COC approval for 3 units.
Lot Frontage: 24 ft
Lot Depth: 88 ft
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Shared driveway.
Legal Description: Deed(Book 6054/Page 1344) Map 00127 Lot 0049

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,553 106,569 141,599
Median Age: 34.14 37.42 37.57
Households: 14,513 44,205 56,893

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