20 Unit Multi Family in Manchester NH for Sale
Multi-Family
for Sale
| Catylist Listing ID: |
30579635 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
20 Units |
| Building Size (RSF): |
18,144 SF |
| Gross Building Area: |
22,743 SF |
| Gross Land Area: |
17,465 SF
|
| Sale Price: |
$4,989,000 |
| Unit Price: |
$249,450 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/29/2024 |
Overview / Comments
|
BRICK 20-APT. NORTH EAST MANCHESTER corner of W.Brook St & Canal St. Near "The Millyard", home of many commercial firms, UNH, great restaurants; near SNHU campus & Amoskeag Bridge Exit 6, of Everett Tpke/I-93. Many improvements including newer roof, windows, blown-in insulation; has wet sprinkler system, fire-alarm system. (18,149 sq.ft of apts). 2 coin-op laundry rooms, unused at present. 25+ car, paved parking on .40 acre lot. Spacious; many are two-level apartments; high ceilings. Former mill building, leased or TAW apts now, could be future luxury condos. Perfect for a 1031 Exchange. 13 (2-bedrm),(4) 3-bedrm,(3)1-bedrm. Bring your ideas! Think of it as Boston, North!
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
160-4 |
| Zoning: |
CBD |
| Total Number of Buildings: |
1 |
| Year Built: |
1850 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard |
| Lot Frontage: |
173' on W Brook Street, 101' on Canal Street |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
28,205 |
109,091 |
138,269 |
| Median Age: |
35.65 |
36.24 |
37.44 |
| Households: |
12,551 |
44,940 |
55,677 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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