405 Manchester StreetManchester, NH 03103MLS Number 4661489

  • Price: $989,000
  • Est. Mortgage of $/month
  • 112 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 gets you into big league! Money-maker 15 unit, w/ parking at rear, white vinyl siding,newer windows. major renovations, new electric heat, new roof, new pergo & w/w in most apts. $138,000+/- income when filled based on $750 average rent X 15..but Some apts bigger than others, renting for more(1st two leased:$900.,$866.as examples). Apts will be leased by closing for you. $28,000. expenses; $110,000 NOI. 11% cap rate. $51,460 for P&I at 80% mortgage,25 yrs $58,540 NET CASH (29.5% return on $198K ,20% down payment). Seller is a licensed NH Real Estate Broker.

Listed by Joan Blais of BHHS Verani Commercial Div

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More Info

Basic Information

  • # of 1 Bedrooms15
  • StatusACT
  • Units15

Building

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

Utilities

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

Basic Information

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

Property

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

Other

  • Broker NameBHHS Verani Commercial Div
  • Agent NameBlais
  • bloggingYes
  • Page1140
  • Foot Print Dim50x55
  • Book8773
  • Delayed ShowingsNo
  • Number of Photos8

Location

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

Exterior

  • ExteriorVinyl Siding
  • RoofMembrane
  • Exterior Colorwhite

Amenities

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

Manchester, NH Demographics

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Manchester, NH Schools

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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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