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293 Central StreetManchester, NH 03103MLS Number 4850035

  • Sale Price: $950,000
  • 12 Days Since Sale
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Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
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293 Central Street Manchester NH 03103
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  • 8Bathrooms
"TEMPLE TOWERS" One of Manchester's MOST IMPRESSIVE former Church Converted RESIDENTIAL Investments. Funded by HUD in 1986-1987 this Church was meticulously transformed into EIGHT Spacious and nicely laid-out 2 BEDROOM Units on two levels. Current owner has remodeled 7 of 8 Kitchens. Roof replaced 8 years ago. Tenants pay all Natural Gas heating/hot water & electric. Security entrances & Original GRAND Stair-cases lead residents to their energy efficient & LEAD FREE apartments. Laundry room w/coin-op facilities, lots of on-site parking, vinyl sided, vinyl windows, several locked storage rooms in lower level rented for additional income . This is truly a RARE OPPORTUNITY to own a fine "Portfolio Quality" Investment. Gross Income $ 91,780.00 w/$23,040.00 Expenses ( includes taxes) for NET of $68,740.. Rents well below current market rates . Potential Gross Approaches $ 120,000.00. Proof of funds & Pre-approval letter from bank to schedule your showing , NO EXCEPTIONS !!
Listed by Frank Rosano of Pierre Peloquin Realty

Listing Sold by Pierre Peloquin Realty

Driving Directions

Gilman Real Estate
Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

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More Info

Basic Information

  • StatusSLD
  • Property TypeMulti-Family
  • List Price$950,000
  • MLS Number4850035
  • MLS StatusClosed
  • Sale Date07/23/2021

Interior

  • FloorsCarpet, Hardwood, Vinyl

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt
  • Exterior ColorTan

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Water, Individual
  • UtilitiesCable, Gas - On-Site, Internet - Cable
  • WaterPublic
  • Water HeaterGas
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • Zoningres
  • Flood Zone Y/NNo

Property

  • Acreage0.11
  • Parking Spaces
  • Lot1
  • Square Feet6,320
  • APX Fin AG Sqft6,320
  • Road Frontage50
  • RoadsPublic
  • Lot DescriptionCity Lot

Amenities

  • Exterior AmenitiesStorage

Other

  • Taxes$15,040
  • Seasonal Y/NNo
  • TrashMunicipal
  • Unit 1 Deposit$900
  • Unit 2 Rent Amount$875
  • Unit 3 Rent Amount$900
  • Unit 4 Rent amount$985
  • Unit 5 Rent amount$950
  • Unit 7 Rent amount$900
  • Unit 8 Rent amount$800

Building

  • Year Built1901
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units8
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location1
  • Unit 2 Stylegarden
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Stylegarden
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • Unit 4 Stylegarden
  • Unit 4 Total Rooms4
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms8
  • Unit 8 Baths1
  • Unit 8 Bedrooms2
  • Bathroom8
  • Total Baths8
  • BasementPartially Finished
  • FoundationConcrete
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Copyright 2021 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 August 3, 2021.

 

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