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Seller Represented by Nate Roxo
Roxo Realty LLC
$389,900 | $87 per sq.ft. A 5  Unit Multi Family Home, in Manchester NH With 4 - One Bedroom Units | 1 - Three Bedroom Units MLS# 4726631



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Listed by Nate Roxo Roxo Realty LLC on November 5th 2018


DESCRIPTION


Solid well taken care of 5unit multifamily for sale!! Well taken care of by same owner for last 20yrs. Comprises of 4-1bdrm units on floors 1& 2 and a huge 3bdrm unit on the top floor. These have been well cared for and have some long term tenants that pay below market rents, so there is certainly an upside for the next owner!!! The building itself has vinyl siding, vinyl replacement windows and roof is about 10yrs old!! Well maintained. The building also has a a coin op laundry room for tenants to utilize and is another source of income for the owner. The lot also has a detached 3 car garage which is rented out separately, ea bay gets around $100/mt. plenty of parking off st for all tenants. Current owner is licensed NH real estate broker. This is a terrific opportunity for first time or long term investor to pick up a solid well performing stable building!!
Gross Income : $53540

Utilities Expense : $3806
Water/Sewer Expense : $1350

To see this Listing
Phone:603-770-9939
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UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Tenant Pays : Electric
Rent : 730.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 5
Style : garden
Tenant Pays : Electric
Rent : 850.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Style : garden
Tenant Pays : Electric
Rent : 905.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Leased

UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 5
Style : garden, rent below market
Tenant Pays : Electric
Rent : 735.00 Monthly
Lease Term : Month to Month
Status : Month to Month

UNIT 5 INFORMATION

Beds: 3
Baths: 1
Rooms: 7
Style : garden,rent below market
Tenant Pays : Electric,Heat,Hot Water
Rent : 975.00 Monthly
Lease Term : Month to Month
Signed Lease : No

CONSTRUCTION

Wood Frame | Exterior Color White | Year Built: 1900
No. of Floors:3
Total Sq.Ft. Finished: 4486
Above Grade Sq.Ft.: 4486
Price Per SQ.FT. 86.91
Basement: Full
Foundation: Granite | Stone
Heating: Forced Air | Hot Water
Cooling: None
HeatFuel: Gas - Natural
WaterHeater: Gas - Natural
Electric: Circuit Breaker(s)
Electric Meters: 6
Gas_Meters: 2
Style: Apartment Building
Exterior: Vinyl Siding
Roof: Membrane
Water: Public
Sewer: Public
Garage Type Detached
Garage And Parking: Parking Spaces 6+
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot
Lot size: 0.19 acres
Zoned: RES
Surveyed: No
Flood Zone: No
Roads: Public
Road Frontage: 80
Driveway: Paved

PROPERTY INFORMATION

Taxes $6,329

AREA INFORMATION

School District: Manchester Sch Dst SAU #37