349 HANOVER STREET Manchester, NH 03104-4927 | Multi-Family
$1,300,000
Listing Courtesy of
Pierre Peloquin Realty
Description
SUPERB "HANOVER HILL" 9-FAMILY that has been very well maintained by professional investor for the past 18 years. Ideally situated on a LARGE corner lot this PERFECT INVESTMENT Features all EASILY MANAGED 1-BDRM units, Vinyl sided, vinyl windows, HARDWOOD FLOORS, Full fiberglass tubs, Six units have South Facing enclosed Sunporches. All residents pay for their NATURAL GAS FHW heating ( 9 newer heating systems) + their own electric. Excellent rental history with majority of residents having lived here for 10+ years. Added bonus with 6 car garage (newer doors) provided free of charge + parking for additional 6 vehicles. Security entry doors, coin-op laundry availability in basement. Current GROSS $109,420.00 with $21,512.00 Expenses ( includes taxes). BIG SOLID NET of $87,908.00 . POTENTIAL gross $145,000.00 w/market rate rents and garage rents/coin-ops. We sold this WINNING INVESTMENT to current owner 18 years ago & proud to offer again in this marketplace. Multiple Offer Situation. Deadline for Offers Monday Feb, 21 at noon.