405 Manchester St, Manchester, 03103

Multi-Family - Multi-Family For Sale


MLS® #: 4661489
Active, 262 Days on Market

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

Joan Blais, BHHS Verani Londonderry.

Essential Information

MLS® #: 4661489
Price: $989,000
Bathrooms: 0.00
Square Footage: 6,432
Acres: 0.21
Year Built: 1910
Type: Multi-Family
Sub-Type: Multi-Family
Style: Garden
Status: Active

Community Information

Address: 405 Manchester St
Area: Manchester
City: Manchester
County: Hillsborough
State: New Hampshire
Zip Code: 03103


Parking: Off Street


Heating: Baseboard
Cooling: Wall Units
# of Stories: 3
Stories: 3


Exterior: Vinyl Siding
Lot Description: City Lot
Roof: Membrane
Construction: Wood Frame
Foundation: Granite

Additional Information

Date Listed: September 29th, 2017
Days on Market: 262
Zoning: r3


$/SqFt: $154

Copyright 2018 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this 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.

Listing information last updated on June 19th, 2018 at 9:22am EDT.