349 HANOVER STREET Manchester, NH 03104-4927 | Multi-Family

$1,300,000

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6
8137 sqft.
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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.

Property Details

List Price $1,035,000 Sold Price $1,300,000 List Date 2022-02-17 Sold Date 2022-04-26 MLS ID 4898283 Status Closed Property Type Multi-Family County NH-Hillsborough Days on Market 4

structure

AG Finished Area 5505.0 basement Yes cooling None Features Exterior Porch - Enclosed flooring Carpet, Hardwood, Laminate, Tile, Vinyl foundation details Stone garage spaces 6.0 garage y n Yes heating Baseboard, Hot Water living area 8137.0 living area units Square Feet new construction Existing Parking Features Paved roof Flat, Membrane stories 3 year built 1920

characteristics

Acres 0 lot size area 0.21 Lot SqFt 9148.0 lot size units Acres # of Units 9 road frontage type Public road surface type Public

school

elementary school McDonough School high school Manchester Central High Sch middle or junior school Hillside Middle School

tax

tax annual amount 14907.24 tax year 2022 zoning R-3

financial

gross income 109420.0 net operating income 87908.0 operating expense 21512.0

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 4:05:11 AM (UTC)