394 Manchester Street Manchester, NH 03103
Manchester, NH 03103
$400,000
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Listing Courtesy of Gregory McCarthy, Keller Williams Realty-Metropolitan Data last updated: 05/20/22 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...
- 2,851 Sq Ft.
- Interior
- .11 Acres
- Exterior
- Multi Family
- Property type
- 1910
- Year Built
- 4909263
- Web Id
- 4909263
- MLS ID
About 394 Manchester Street
Listing Courtesy of Gregory McCarthy, Keller Williams Realty-Metropolitan
Data last updated: 05/20/22
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.
Data last updated: 05/20/22
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.
Data provided by : NEREN MLS
features
- lot description
- Level
PROPERTY INFORMATION
- Basement
- Yes
- Heating
- Radiator, Stove - Gas
- Parking Description
- Off Street, Parking Spaces 4
- Sewer
- Public
- Style
- Multi-Family
- Water
- Public
EXTERIOR
- Exterior Features
- Porch - Covered, Porch - Enclosed, Shed, Storage
- Lot Description
- City Lot, Level
- Roofing
- Shingle - Architectural
INTERIOR
- Flooring
- Carpet, Hardwood, Softwood, Vinyl
Listing Courtesy of Keller Williams Realty-Metropolitan
The above data is calculated by Gabriels Technology Solutions.Â
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