680 Union St, Manchester, NH

Multi-Family for Sale
Catylist Listing ID: 30804772
Property Subtypes: Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 5,202 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $1,950,000
Unit Price: $325,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2022

Overview / Comments

Newly constructed Multi-Family opportunities are hard to find and get the same returns as many of the older multi-family investments, this is a great chance to invest in a highly desirable property. This 6 unit being constructed is located just blocks from downtown Manchester, with off street parking and all 2 bed/2 bath units. This property will be very easy to fill and very low in regards to expenses and maintenance due to the new construction. This property will be delivered to the buyer with CO, buyers will want to fill the property with their own tenants.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 0047-0016-0000
Zoning: R-3
Property Located Between: Myrtle and Harrison Streets .
Highway Access: I-293 - I 93, Rt 101
Airports: Manchester-Boston Regional Airport
Site Description: Located in the traveler's commute corridor and close to the highway, bus lines, shopping and schools on a corner lot, this location serves commuters, walkers and the local residential community. There is adequate parking on site, as well as small outdoor green space.
Area Description: CLose to downtown, within blocks of the Currier Museum, this part of Manchester has come a long way and provides easy walking to downtown for work or play.
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 3
Year Built: 2022
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Clean lines, attractive design, low maintenance
Parking Type: Surface
Parking Description: At least one spot off street parking for each unit.
Total Parking Spaces: 10
Sprinklers: Dry
Heat Type: Natural Gas
Heat Source: Wall Units
Fuel: Gas
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: 2 bedroom, 2 bath units with easy living floor plans that provide plenty of space.
Zoning Description: Downtown
Lot Frontage: 75 X 3
Lot Depth: 75
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: 9592/2610

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,339 108,702 136,971
Median Age: 34.56 36.78 37.45
Households: 12,631 45,245 55,335
© Copyright 2001-2022 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.