Rare Manchester 4 Unit Hanover Hill Area

Multi-Family for Sale
Catylist Listing ID: 30873522
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,448 SF
Gross Building Area: 6,139 SF
Gross Land Area: 0.19 Acres
Sale Price: $699,000
Unit Price: $174,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/13/2024

Overview / Comments

Don’t miss this rare opportunity to invest or owner occupy this 4-unit property in a great Manchester location in Hanover Hill area. This property encompasses 1 three bedroom apartment with three season porch, back staircase as second egress to en-suite, 2 one bedroom apartments with decks and a studio apartment also with a deck. Additional added features include a four car garage, large yard and much room for storage in the basement. Basement also has additional full bath (though it has not been used) as well as an additional sink with two washer/dryer hookups. Some improvements included, but not limited to, two new water heaters 2023/2024, new furnace 2018/19, automatic garage door, new chain link fence, new flat roofs within the last 10 years. Apt 1 - 3 bedroom had new drywall install when moved in, new bath to make an en-suite, natural gas hooked up to fireplace; Apt 2 - 1 bedroom has new floors, new closet and fresh paint; Studio Apt - updated bathroom to standup shower. Some work remains on the property which is an added opportunity. Property being sold as is/where is. Contact agent via text or phone for more information and/or to set up showing. Broker is related to Seller.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $8,102 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 0063//005
Zoning: 112 - RES 4-8UNIT MDL-03
Percent Occupied: 100%
Property Located Between: Hanover Hill Area
Highway Access: 5 minutes to route 93
Airports: 14 minutes to Manchester Airport
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 25
Year Built: 1904
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface, Other
Parking Description: 4 car garage, stone/dirt parking spots as well as street parking available
Total Parking Spaces: 8
Heat Type: Natural Gas, Hot Water
Fuel: Gas
Internet Access: Cable
Zoning Description: 112 - RES 4-8UNIT MDL-03
Lot Frontage: 180
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,844 105,163 141,775
Median Age: 34.96 37.18 37.55
Households: 13,879 43,842 57,071

Contact

Photograph of Listing Agent

Lisa Church

BOOM Realtors/KW Commercial at Keller Williams Coastal Realty
NECPE Member
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