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Seller Represented by Steve Cotran
RE/MAX Area Real Estate Network LTD
$750,000 | $90 per sq.ft. A 8  Unit Multi Family Home, in Manchester NH With 5 - Two Bedroom Units | 3 - Three Bedroom Units MLS# 4727161



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Listed by Steve Cotran RE/MAX Area Real Estate Network LTD on November 8th 2018


DESCRIPTION


Two completely rehabbed apartment buildings on two lots of record and two deeds being sold together with three large 4 bedroom apartments in one building and 5 spacious two bedroom apartments in the other building PLUS 12 storage garages offering storage and parking in an area where it is at a premium. Nice positive cash flows producing a 9 cap with management and a generous vacancy factored in but these are rarely vacant. Call for the numbers. This property has a lead certificate and is available as a package with others if interested in a larger portfolio.

Location : In Town | Near Shopping | Near Public Transportatn Gross Income : $111663
Net Income: $
Income Verification: Owner Records

Utilities Expense : $5035
Management Expense : $8228

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

Beds: 4
Baths: 1
Rooms: 6
Level: 1
Info : Heat - Natural Gas
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 4
Baths: 1
Rooms: 6
Level: 2
Info : Heat - Natural Gas
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Unk
Status : Leased

UNIT 3 INFORMATION

Beds: 4
Baths: 1
Rooms: 6
Level: 3
Info : Heat - Natural Gas
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 4 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 1
Info : Heat - Natural Gas
Rent : 1050.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 5 INFORMATION

Beds: 2
Baths: 0
Rooms: 0
Info : Heat - Natural Gas
Rent : 900.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 6 INFORMATION

Beds: 2
Baths: 0
Info : Heat - Natural Gas
Rent : 950.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 7 INFORMATION

Beds: 2
Baths: 0
Rooms: 0
Info : Heat - Natural Gas
Rent : 950.00 Monthly
Status : Leased

UNIT 8 INFORMATION

Beds: 2
Baths: 0
Rooms: 0
Info :
Rent : 950 Monthly
Lease Term : Annual
Status : Leased

CONSTRUCTION

Wood Frame | Year Built: 1910
No. of Floors:3
Total Sq.Ft. Finished: 8304
Above Grade Sq.Ft.: 8304
Price Per SQ.FT. 90.32
Basement: Full | Unfinished
Foundation: Granite
Heating: Hot Water
Cooling: None
HeatFuel: Gas - Natural
WaterHeater: Gas - Natural | Separate
Electric: 100 Amp | 110 Volt | 220 Volt | Circuit Breaker(s)
Utilities: Cable
Electric Meters: 8
Gas_Meters: 8
Style: Multi-Family
Exterior: Asbestos | Vinyl
Roof: Tar and Gravel
Water: Public
Sewer: Public
Garage Type Detached
Garage And Parking: On-Site | Parking Spaces 11 - 20 | Paved
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Corner
Lot size: 0.09 acres
Zoned: RES
Surveyed: No
Flood Zone: Unknown
Roads: Public
Road Frontage: 150
Driveway: Paved

PROPERTY INFORMATION

Taxes $12,942
Income Verification: Owner Records

AREA INFORMATION

School District: Manchester School District
Elementary School: McDonough School
Middle School: Hillside Middle School
High School: Manchester Central High Sch