293 CENTRAL STREET Manchester, NH 03103 | Multi-Family

$950,000

Closed

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6320 sqft.

Listing Courtesy of

Pierre Peloquin Realty

Description

"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 !!

Property Details

List Price $950,000 Sold Price $950,000 List Date 2021-03-09 Sold Date 2021-07-23 MLS ID 4850035 Status Closed Property Type Multi-Family County NH-Hillsborough Days on Market 4

structure

AG Finished Area 6320.0 basement Yes cooling None Features Exterior Storage flooring Carpet, Hardwood, Vinyl foundation details Concrete garage y n No heating Baseboard, Hot Water, Individual living area 6320.0 living area units Square Feet new construction Existing Parking Features Paved roof Shingle - Asphalt stories 2 year built 1901

characteristics

Acres 0 lot size area 0.11 Lot SqFt 4792.0 lot size units Acres # of Units 8 road frontage type Public road surface type Public

tax

tax annual amount 15040.0 tax year 2020 zoning res

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 2 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.

This listing was last updated on 3/18/2024 7:23:46 AM (UTC)

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