405 Manchester StreetManchester, NH 03103MLS Number 4661489

  • Price: $989,000
  • Est. Mortgage of $/month
  • 238 Days on Market
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.21Acreage
  • 15Bathroom
  • 1910Year Built
  • 6432Square Feet

Owner could hold 2nd mortgage for up to 10%, for qualified buyer.Your $99K is what you need. Money-maker 15 unit,15-Car parking at rear, white vinyl siding,newer windows. major renovations, new electric heat, new roof, new pergo & w/w in most apts. Tenants pay heat & util.;master key.Seller is a NH LIC.RE broker. $131,000+/- income when filled based on average rent..but Some apts bigger than others, renting for more: (three now leased:$900.,Two at $866.). Apts will be all leased by closing. $23,799.. expenses $107,000. NOI. 10% C.R. $55,542 for P&I at 80% mortgage,25 yrs, today's rates. 6,942 2nd mort $44,516 net cash or 43% return on investment of your $99K...NOT BAD!.Exp. Updated: w/s $4800, Ins $2803.;elec $180,plow $1200. yrly

Listed by Joan Blais of BHHS Verani Londonderry

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More Info

Basic Information

  • # of 1 Bedrooms15
  • StatusACT
  • Units15


  • Bathroom15
  • Total Baths15
  • Year Built1910
  • Water HeaterElectric
  • BasementFull, Unfinished
  • StyleGarden
  • Unit 1 Total Rooms15


  • ElectricCircuit Breaker(s)
  • WaterPublic
  • Heat SystemBaseboard
  • SewerPublic

Basic Information

  • Date Listed09/29/2017
  • List Price$989,000
  • MLS Number4661489
  • Seasonal Y/NNo


  • Lot41
  • Zoningr3
  • Road Frontage90
  • Acreage0.21
  • APX Fin AG Sqft6432
  • FoundationGranite
  • Heat FuelElectric
  • Property TypeMulti-Family
  • RoadsPaved, Public
  • Square Feet6432


  • Broker NameBHHS Verani Londonderry
  • Agent NameBlais
  • bloggingYes
  • Page1140
  • Foot Print Dim50x55
  • Book8773
  • Delayed ShowingsNo
  • Number of Photos8
  • View Count1


  • StreetManchester
  • Building Number405
  • TownManchester
  • Zip03103
  • CountyHillsborough
  • Map127
  • Flood Zone Y/NNo
  • Lot DescriptionCity Lot
  • StateNH


  • ExteriorVinyl Siding
  • RoofMembrane
  • Exterior Colorwhite


  • Parking Spaces
O'Rourke Realty
Office: 855-948-6867
126 Main Street
North Woodstock, NH 03262

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Copyright 2018 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.



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