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405 Manchester StreetManchester, NH 03103MLS Number 4661489

  • Price: $989,000The price has recently decreased
  • Est. Mortgage of $/month
  • 51 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-11-02

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 15Bathroom
  • 0.21Acreage
  • 6432Square Feet
  • 1910Year Built

Money-maker 15 unit, w/ parking at rear, white vinyl siding,newer windows. Building nearing end of major renovation, new electric heat, new roof. $135,000+/- income when filled based on $750 average rent X 15.. Some apts bigger than others, may rent for more. ( Bldg. under renovation at present); $28,000. expenses; $107,000 NOI. 10.8% cap rate. $51,460 for P&I at 80% LTV, $55,540 NET CASH (28% return on down payment). Pretty is as pretty does! Seller is a licensed NH Real Estate Broker.

Listed by Joan Blais of BHHS Verani Commercial Div

Your Local Office

Hearthside Realty
53 Bay Street
Manchester NH, 03104

Office: 603.782.4618

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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
  • View Count12

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
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Copyright 2017 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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