List Price: $839,000 | $157 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,2 - Three Bedroom Units Listed Monday Sep 30, 2024 | MLS# 5016599
With 0 One Bedroom Units , 2 - Two Bedroom Units ,2 - Three Bedroom Units Listed Monday Sep 30, 2024 | MLS# 5016599
A great investment! This 4-unit property is available for the first time in 25 years and sits on a .15 acre corner lot with off-street parking as well as ample on-street parking. This unique property features Two 3BR and two 2BR units, some with long-term tenants. The main building offers 3 spacious apartments (1,500 sq ft each), including a first floor 2BR unit that could easily be converted back to 3BR. Looking for owner/occupy? The attached two-story 2BR cottage features 1.5BA and private entrances and separate parking spaces. All units have washer/dryer hookups and separate utilities, paid by tenants. Current rental income is $70K/year with room for increases. Please drive by but do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/qualifications.
Location : Near Public Transportatn
Operating Expenses : Insurance,Other,Water/Sewer
Location : Near Public Transportatn
Operating Expenses : Insurance,Other,Water/Sewer
Annual Expenses
Taxes: $10,545
Taxes: $10,545
Income
Gross Income | $70,380
NetIncome | $51,979
Gross Income | $70,380
NetIncome | $51,979
Appliances : Water Heater – Electric | Water Heater – Gas | Water Heater – Tank
UNIT 1
Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 1500
Level: 1
Info : Appliances Included,Laundry Hookup
Tenant Pays : Electric,Hot Water
Rent : 1650.00 Monthly
Signed Lease : No
Status : Month to Month
UNIT 2
Beds: 3
Baths: 1
Rooms: 5
Sq.Ft.: 1500
Level: 2
Info : Appliances Included,Laundry Hookup
Tenant Pays : Electric,Heat,Hot Water
Rent : 1550.00 Monthly
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 3
Baths: 1
Rooms: 5
Sq.Ft.: 1500
Level: 3
Info : Appliances Included,Laundry Hookup
Tenant Pays : Electric,Heat,Hot Water
Rent : 1350.00 Monthly
Signed Lease : No
Status : Month to M
UNIT 4
Beds: 2
Baths: 2
Rooms: 5
Sq.Ft.: 1200
Level: 1 and 2
Style : cottage
Info : Laundry Hookup
Tenant Pays : Electric,Heat,Hot Water
Rent : 315.00 Weekly
Status : Leased
Construction: Insulation-Cellulose | Wood Frame | Vinyl Siding
Year Built: 1910
Style: Apartment Building
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 7314
Above Grade Sq.Ft.: 5352
Basement: Concrete Floor | Stairs - Interior | Unfinished | Interior Access | Stairs - Basement
Foundation: Below Frost Line | Concrete | Granite
Year Built: 1910
Style: Apartment Building
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 7314
Above Grade Sq.Ft.: 5352
Basement: Concrete Floor | Stairs - Interior | Unfinished | Interior Access | Stairs - Basement
Foundation: Below Frost Line | Concrete | Granite
Exterior Features:
Fence - Full | Garden Space | Porch - Covered | Window Screens
Roof: Flat | Membrane
Garage And Parking: Assigned | Driveway | Off Street | On Street | Parking Spaces 5 - 10 | Paved
Seasonal: No
Fence - Full | Garden Space | Porch - Covered | Window Screens
Roof: Flat | Membrane
Garage And Parking: Assigned | Driveway | Off Street | On Street | Parking Spaces 5 - 10 | Paved
Seasonal: No
Heating: Alternative Heat Stove | Gas Heater | Hot Air | Hot Water
Cooling: None
HeatFuel: Gas - Natural | Oil
Electric: 100 Amp | Circuit Breaker(s)
Trash: Cans | Curbside | Munici
Utilities: Gas - On-Site
Electric Meters: 5
Gas_Meters: 4
Water: Public
Sewer: Public
Cooling: None
HeatFuel: Gas - Natural | Oil
Electric: 100 Amp | Circuit Breaker(s)
Trash: Cans | Curbside | Munici
Utilities: Gas - On-Site
Electric Meters: 5
Gas_Meters: 4
Water: Public
Sewer: Public
Land Information
City Lot | Corner | Curbing | Level | Sidewalks | Near School(s)
Lot size: 0.15 acres
Zoned: RES-M)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
City Lot | Corner | Curbing | Level | Sidewalks | Near School(s)
Lot size: 0.15 acres
Zoned: RES-M)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
Docs Available : Deed | Lease Agreements | Tax Map
Block - 00
Taxes $10,545
Assesed Value Not Reported
Schools
School District: Manchester School District
Elementary School: Henry Wilson School
Middle School: McLaughlin Middle School
High School: Manchester Central High Sch
School District: Manchester School District
Elementary School: Henry Wilson School
Middle School: McLaughlin Middle School
High School: Manchester Central High Sch
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM