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246 Main StreetManchester, NH 03102MLS Number 4816297

  • Price: $1,300,000The price has recently decreased
  • Est. Mortgage of $/month
  • 78 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.9% last updated on 2020-09-24

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Active with Contract
246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102246 Main Street Manchester NH 03102
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  • $1,300,000List Price
  • 12Bathrooms
  • 0.11Acreage
  • 10,755Square Feet
Turn-key investment opportunity on the west side of Manchester. This solid 12 unit multifamily is expected to bring in $158,840 in gross rent and an NOI of $105,859 in 2020. All apartments are 3 bedrooms 1 bath. Leases include heat, hot water, and trash removal. Tenants are responsible for electric. This property is being offered at a 8.14% cap! Showings scheduled only upon qualification of buyers to include proof of funds or bank letter.
Listed by Cassie Farley and Matthew Bacon of Masiello Commercial Associates-Bedford

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Your Local Office

Kathleen Chaloux - Bean Group | Bedford
264 S. River Road
Bedford NH, 03110

Office: 603.494.3953

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More Info

Basic Information

  • StatusActive With Contract
  • Property TypeMulti-Family
  • List Price$1,300,000
  • MLS Number4816297
  • MLS StatusActive Under Contract

Exterior

  • ExteriorVinyl Siding
  • RoofFlat
  • Exterior ColorYellow

Other

  • Taxes$17,671
  • Seasonal Y/NNo
  • View Count18

Location

  • TownManchester
  • StateNH
  • Zip03102
  • CountyHillsborough
  • ZoningR-3
  • Flood Zone Y/NUnknown

Property

  • Acreage0.11
  • Parking Spaces
  • Square Feet10,755
  • APX Fin AG Sqft10,755
  • RoadsPublic
  • Lot DescriptionCity Lot In Town, Near Shopping, Near Hospital

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units12
  • # of 3 Bedrooms12
  • Bathroom12
  • Total Baths12
  • BasementConcrete
  • FoundationConcrete

Utilities

  • Heat FuelOil
  • Heat SystemHot Water
  • WaterPublic
  • Water HeaterDomestic
  • ElectricOther
  • SewerPublic
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Copyright 2020 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. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 28, 2020.

 

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