List Price: $1,200,000 | $191 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,6 - Three Bedroom Units Listed Monday Oct 28, 2024 | MLS# 5020204
With 0 One Bedroom Units , 0 - Two Bedroom Units ,6 - Three Bedroom Units Listed Monday Oct 28, 2024 | MLS# 5020204
Welcome to 549-551 Somerville Street in Manchester, NH 03103--a well-maintained 6-unit multifamily property offering a fantastic investment opportunity! Each unit features large 3 bedroom spacious layouts ideal for modern living with full bath and washer/dryer hookups. Ample parking with 8-10 spots for off street parking. Located just minutes from Manchester's vibrant downtown, residents have easy access to major highways, restaurants, retail shops, entertainment, and essential services. The building has been expertly maintained and includes on-site parking, secure entry, and updated systems to ensure peace of mind for both owner and tenants. With close proximity to major highways like I-293, this property is not only a convenient living option but also an excellent addition to any real estate portfolio. Don't miss this chance to invest in a prime Manchester location with a history of strong rental demand.
Annual Expenses
Taxes: $14,941
Taxes: $14,941
Income
Appliances : Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1905
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 12180
Above Grade Sq.Ft.: 6272
Basement: Dirt
Foundation: Stone
Year Built: 1905
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 12180
Above Grade Sq.Ft.: 6272
Basement: Dirt
Foundation: Stone
Exterior Features:
Building
Roof: Flat
Seasonal: No
Building
Roof: Flat
Seasonal: No
Heating: Natural Gas | Gas Heater
Cooling: None
Electric: Circuit Breaker(s)
Utilities: None
Electric Meters: 6
Gas_Meters: 6
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: None
Electric Meters: 6
Gas_Meters: 6
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.23 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved
Road Frontage: 150
Driveway: Concrete
City Lot
Lot size: 0.23 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved
Road Frontage: 150
Driveway: Concrete
Block - 001
Taxes $14,941
Assesed Value Not Reported
Schools
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