Multi Family/Income Potential

Multi-Family for Sale
Catylist Listing ID: 30040482
Property Subtypes: Low-Rise/Garden
Number of Units: 3 Units
Building Size (RSF): 3,900 SF
Gross Land Area: 0.07 Acres
Sale Price: $189,000
Unit Price: $63,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,498 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/3/2017

Overview / Comments

PRICE REDUCTION! 3 Unit, 1 BR each, well maintained. Owner lives in 1st unit. Established tenants.
Seller also has next door 3 unit for sale (377 Manchester St/ MLS 4617729)
Well maintained unit. Seller has lived there for 20 years (MLS 4617725).

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $4,681 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: Manchester, NH
Tax ID/APN: 8394
Zoning: R-2
Percent Occupied: 100%
Property Located Between: Lincoln and Wilson Streets
Highway Access: Interstate 293/93 approx. 2 miles.
Airports: Manchester Airport
Site Description: Off street parking. Approx 34 ft road frontage. Shared driveway.
Area Description: Area of many mulit families, market on the corner, Manchester Central HS in close proximity.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1898
Roof Type: Flat
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: 4 parking areas off street, behind apartment building.
Total Parking Spaces: 4
Sprinklers: None
Heat Type: Natural Gas, Hot Water
Heat Source: Other
Fuel: Gas
Interior Description: 3 room apartments, 1 kitchen, 1 3/4 bath, 1 bedroom, 1 living room.
Zoning Description: Has COC approving 3 unit.
Lot Frontage: 34 feet
Lot Depth: 88 feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: shared driveway.
Land Ownership: owned
Legal Description: Warranty Deed, Book 6033 Page 1830 Map 00127 Lot 0048

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,345 106,569 141,599
Median Age: 34.26 37.42 37.57
Households: 13,962 44,205 56,893

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