9 Unit Apartment Building Manchester

Multi-Family for Sale
Also listed as Industrial
Catylist Listing ID: 30377411
Number of Units: 9 Units
Building Size (RSF): 10,215 SF
Gross Land Area: 0.12 Acres
Sale Price: $699,900
Unit Price: $77,766.67 Per Unit
Property Use Type: Investment
Building Name: 269 Cedar St
Sale Terms: Undisclosed
Cap Rate: 8.0%
Last Updated: 2/19/2019

Overview / Comments

Strong cash flows stable tenancies all large apartments 9 apartments six 4 bedroom apartments and three 3 bedroom apartments, separate utilities. Easy to rent because of the apartment sizes. Call for the numbers. Solid 8% cap rate, a great cash on cash return. Building is in decent condition, has lead paint certificate, and is available as a package with other buildings.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 60-25
Zoning: R-3 MULTI FAMILY
Site Description: property type: Other HVAC: Gas
Property Condition: Average
Number of Stories: 3
Year Built: 1941
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Street
Fuel: Gas
Zoning Description: R-3 Multi Family
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,830 106,656 143,800
Median Age: 33.02 37.41 37.53
Households: 13,476 44,083 57,634

Contact

Photograph of Listing Agent

Steven Cotran

RE/MAX AREA REAL ESTATE NETWORK
NECPE Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.