Three Buildings -18 Apts - Manchester

Multi-Family for Sale
Also listed as Industrial
Catylist Listing ID: 30377416
Number of Units: 18 Units
Building Size (RSF): 17,462 SF
Gross Land Area: 0.24 Acres
Sale Price: $1,425,000
Unit Price: $79,166.67 Per Unit
Property Use Type: Investment
Building Name: 205-213 Pine St
Sale Terms: Undisclosed
Cap Rate: 9.0%
Last Updated: 8/26/2019

Overview / Comments

Three large buildings with 18 apartments. 6-3 bedroom apartments and 12-2 bedroom apartments. This is a real money maker and has been very good for the many notable owners of the property's history. The building and tenancies are stabilized with strong cash flows separate utilities, and some long term tenants. Call for the numbers.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 68-50
Zoning: R-3
Site Description: property type: Other
Property Condition: Fair
Number of Stories: 3
Year Built: 1931
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: Vinyl
Parking Type: Other
Parking Description: Street
Heat Type: Electricity
Fuel: Gas, Electric
Zoning Description: R-3
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,840 104,295 145,479
Median Age: 32.89 37.29 37.52
Households: 14,209 43,177 58,158

Contact

Photograph of Listing Agent

Steven Cotran

RE/MAX AREA REAL ESTATE NETWORK
NECPE Member
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