List Price: $495,000 | $167 per sq.ft. Multi Family
Price Change! Reduced by $50,000 down 10% on October 17th 2024
A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units Listed Friday Sep 20, 2024 | MLS# 5015252


Excellent for Investors, Business Owners, and Owner-Occupied. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. Buyer must apply for Certificate of Compliance. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Street-both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.
Annual Expenses

Taxes: $6,250
Income

UNIT 1

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 1008
Level: 2
Info : Heat - Oil,Porch
Signed Lease : No
Status : Vacant

UNIT 2

Beds: 3
Baths: 1
Rooms: 8
Sq.Ft.: 1950
Level: 2
Style : Large 2-level
Info : Den,Heat - Natural Gas,Laundry Hookup,Porch
Signed Lease : No
Status : Vacant
Construction: Wood Frame | Vinyl Exterior
Year Built: 1890
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4872
Above Grade Sq.Ft.: 2958
Basement: Concrete Floor | Dirt Floor | Unfinished | Interior Access | Exterior Access
Foundation size 1479.
Foundation: Brick | Concrete | Fieldstone
Exterior Features:
Porch - Covered
Exterior Color: beige/yel
Roof: Shingle - Asphalt
Garage And Parking: Driveway | Off Street | On-Site | Paved
Seasonal: No
Heating: Natural Gas | Oil | Radiator | Steam
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - Available | Satellite | Telephone Available
Electric Meters: 2
Gas_Meters: 2
Water: Public
Sewer: Public
Land Information
Corner | Curbing | Sidewalks | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Neighborhood | Near Public Transportatn | Near Hospital
Lot size: 0.21 acres
Zoned: R-2 Residential)
Surveyed: Yes
SurveyedBy: Holden Engineer
Flood Zone: No
Roads: Paved | Private Road | Public | Shared | Easement | Privately Maintained
Road Frontage: 159
Driveway: Paved | Right-Of-Way (ROW)


Docs Available : Deed | Survey
Easement - Yes
ROW Length: 50
ROW Width: 30
Row For Other Parcel: N
Block - Hallsvil
Taxes $6,250
Assesed Value Not Reported
Schools
School District: Manchester Sch Dst SAU #37
Elementary School: Jewett School
Middle School: Southside Middle School
High School: Manchester Memorial High Sch

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