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960 Hayward StreetManchester, NH 03103MLS Number 4906044

  • Sale Price: $950,000
  • 6 Days Since Sale
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
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960 Hayward Street Manchester NH 03103
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  • 6Bathrooms
Incredible Opportunity to own this POWERFUL INCOME producing 6 Unit Multi-Family located on a peaceful corner lot in Manchester, NH!!! A truly Rare Find apartment building much like 3 large duplexes together on a single lot, this is a COMPLETELY TURN-KEY INVESTMENT PROPERTY and WELL ORGANIZED unlike many in the city! Comprised of three 2 bedroom units, an OVERSIZED 4 Bedroom Townhouse Unit and Two 1 Bedroom Units all with their own access to the well manicured fenced in and LEVEL backyard space! Owner has made countless Updates over the years here and it shows! Including but not limited to the recently completed renovation of 960 Hayward St #1 pictured first followed by the renovation of 960 Hayward St #2 (The 4 Bedroom Townhouse) also nearing completion! All Tenants pay Heat powered by 6 Separate Weil McLain Nat Gas Boilers and their own Electric. All updated Kitchens, most Baths, and 85% of the windows are Vinyl Replacement, this is easily one of the CLEANEST and most remarkable Investment Properties on the market today! Gross Income $102,300 annually, low operating cost of only $15,735 (Hot Water, Insurance, Water/Sewer and Property Taxes) for a Net Income of a Head-Turning $86,565 per year! 9.6% Cap Rate as it stands, Potential for 10%+ for the Savvy Investor interested in fine tuning this incredible wealth building machine. New COC in progress and Imminent.
Listed by Antonio Graves of RE/MAX Synergy

Listing Sold by Realty ONE Group NEST

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
  • List Price$899,900
  • MLS Number4906044
  • MLS StatusClosed
  • Sale Date06/30/2022

Property

  • Acreage0.19
  • Parking Spaces
  • Lot DescriptionCorner, Landscaped, Level, Sidewalks, Street Lights
  • Lot13
  • Square Feet4,965
  • APX Fin AG Sqft4,965
  • Road Frontage191
  • RoadsPublic
  • Area
    • In Town
    • Near Country Club
    • Near Golf Course
    • Near Hospital
    • Near Paths
    • Near Public Transportatn
    • Near Shopping
    • Near Skiing
    • Neighborhood

Other

  • Taxes$9,735
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,175
  • Unit 2 Rent Amount$1,225
  • Unit 3 Rent Amount$1,250
  • Unit 4 Rent amount$1,175
  • Unit 5 Rent amount$1,700
  • View Count1

Location

  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • ZoningMultifamily
  • Elementary SchoolHallsville Elementary School
  • Junior HighSouthside Middle School
  • High SchoolManchester Memorial High Sch
  • Flood Zone Y/NNo

Exterior

  • ExteriorAsbestos
  • RoofShingle - Asphalt

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Water
  • UtilitiesHigh Speed Intrnt -AtSite
  • WaterPublic
  • Water HeaterGas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1913
  • Building ConstructionWood Frame
  • StyleApartment Building, Townhouse
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 StyleGarden
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location1
  • Unit 3 StyleGarden
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 StyleGarden
  • Unit 4 Total Rooms4
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms4
  • # of 1 Bedrooms2
  • # of 2 Bedrooms3
  • # of 3+ Bedrooms1
  • Bathroom6
  • Total Baths6
  • BasementConcrete Floor, Storage Space, Walkout
  • FoundationPoured Concrete, Stone
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Copyright 2022 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 July 6, 2022.

 

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