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394 Manchester StreetManchester, NH 03103MLS Number 4909263

  • Price: $400,000
  • Est. Mortgage of $/month
  • 12 Days on Market
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$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103394 Manchester Street Manchester NH 03103
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  • 3Bathrooms
Easily managed 3 Family featuring nicely sized 1-bedroom units and large 3-bedroom unit. The second floor 3-bedroom unit is currently vacant and ready for an owner occupant. Tenants pay all utilities (natural gas heat & hot water). The building has maintenance free vinyl siding, architectural roof, recently issued Certificate of Compliance and off-street parking. Two sheds offer added storage for tenants. Rents are currently below market value. NH Housing 2021 Rental Survey has Manchester median 1-bedroom units at $1,206 a month and 3-bedroom units at $1,406. Potential yearly gross rent is $46,464, after expenses the property has the potential for a 9.5% cap rate.
Listed by Gregory McCarthy of Keller Williams Realty-Metropolitan

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

  • StatusACT
  • List Price$400,000
  • MLS Number4909263
  • MLS StatusActive

Property

  • Acreage0.11
  • Parking Spaces
  • Lot DescriptionCity Lot, Level
  • Lot7
  • Square Feet2,851
  • APX Fin AG Sqft2,851
  • RoadsPublic
  • AreaNear Hospital, Near Public Transportatn, Near Shopping

Utilities

  • Heat FuelGas - Natural
  • Heat SystemRadiator, Stove - Gas
  • UtilitiesGas - On-Site, High Speed Intrnt -Avail
  • WaterPublic
  • Water HeaterGas - Natural, Separate, Tank
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • ZoningMDL-01
  • Elementary SchoolWilson School
  • Junior HighHillside Middle School
  • High SchoolCentral High School
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood, Softwood, Vinyl

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Architectural
  • Exterior ColorYellow

Amenities

  • Exterior AmenitiesPorch - Covered, Porch - Enclosed, Shed, Storage

Other

  • Taxes$6,022
  • Seasonal Y/NNo
  • Unit 1 Deposit$950
  • Unit 2 Rent Amount$800

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1F
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1R
  • Unit 2 StyleGarden
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location2
  • Unit 3 StyleGarden
  • Unit 3 Total Rooms6
  • # of 1 Bedrooms2
  • # of 3+ Bedrooms1
  • Bathroom3
  • Total Baths3
  • BasementDirt Floor, Exterior Access, Full
  • FoundationGranite
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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 May 22, 2022.

 

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