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503 Beech StreetManchester, NH 03104MLS Number 4833264

  • Sale Price: $430,000The price has recently decreased
  • 8 Days Since Sale
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.72% last updated on 2020-11-25

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503 Beech Street Manchester NH 03104
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  • $430,000List Price
  • 3Bathrooms
  • 0.15Acreage
  • 2,960Square Feet
LONG STANDING and WELL ESTABLISHED FULLY LEASED 10-UNIT ROOMING HOUSE in convenient Downtown location facing City Park & easy walking distance to restaurants, shops & the Palace Theater. EXTREMELLY well maintained throughout including NEW ROOF, NEW WINDOWS, FULLY INSULATED, 8 Car Paved/striped parking, Security Entrances, Sprinkler system. Very STABLE rental history w/many long term residents. Communal Kitchen, Multiple baths , Coin-Op laundry. GROSS $ 85,950.00 ( 2019 TAX RETURNS OF $77,585.00 PRIOR TO RENTAL INCREASES) . Expenses $21,985.00. SOLID NET $ 63,965.00. CAP RATE 6.72% . Rarely a Vacancy in this small Congregate Living Housing that fits a much needed niche in Greater Manchester.
Listed by Pierre Peloquin of Pierre Peloquin Realty

Listing Sold by Pierre Peloquin Realty

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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

  • StatusSLD
  • Property TypeMulti-Family
  • List Price$430,000
  • MLS Number4833264
  • MLS StatusClosed
  • Sale Date11/23/2020

Interior

  • FloorsCarpet, Vinyl

Exterior

  • ExteriorAsbestos
  • RoofShingle - Asphalt
  • Exterior Colorgrey

Other

  • Taxes$6,555
  • Seasonal Y/NNo
  • TrashMunicipal
  • View Count1

Location

  • TownManchester
  • StateNH
  • Zip03104
  • CountyHillsborough
  • Zoningres
  • Flood Zone Y/NNo

Property

  • Acreage0.15
  • Parking Spaces
  • Lot2
  • Square Feet2,960
  • APX Fin AG Sqft2,960
  • Road Frontage75
  • RoadsPublic
  • Lot DescriptionCity Lot, Curbing, Interior Lot

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleGarden
  • Units10
  • # of 1 Bedrooms10
  • Bathroom3
  • Total Baths3
  • BasementConcrete Floor, Full, Stairs - Interior, Unfinished
  • FoundationGranite

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water, Multi Zone
  • WaterPublic
  • Water HeaterElectric, Free Standing, Owned, Tank
  • Electric200 Amp
  • 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 December 1, 2020.

 

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