Bought with Marilyn Menning • EXP Realty
$995,000
$910,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
4,425 SqFt
SOLD DATE : 07/26/2024
Key Details
Sold Price $995,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,425 sqft
Price per Sqft $224
MLS Listing ID 4998471
Sold Date 07/26/24
Construction Status Existing
Year Built 1915
Annual Tax Amount $9,123
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Welcome to 179 Blaine St, a well-maintained and fully occupied multifamily investment property in the heart of Manchester, NH. This property features 6 updated units, three 1BR1BA, and three 2BR1BA units. With a total monthly gross rent of $8,680, this property boasts excellent income for discerning investors. All units have been updated, ensuring a comfortable living environment for tenants. Convenience is key with credit card-operated laundry machines and 6 off-street parking spaces, outlined in shared driveway easement documents. The property has been under the same ownership and professionally managed since 2013, reflecting consistent maintenance and care. Full weatherization has been completed by the current owner, enhancing energy efficiency. Situated in Manchester, NH, the area is well known for its strong rental market, making it an ideal location for investment. Tenants will appreciate the proximity to local amenities, including parks, schools, shopping centers, and public transportation. Fully occupied, ensuring immediate rental income and stability for new owners. Tenants pay electricity, owner pays heat/HW. Don't miss out on this exceptional investment opportunity in Manchester, NH. Whether you're a seasoned investor or looking to expand your portfolio, 179 Blaine St offers both immediate income and long-term potential. Contact us today to schedule a viewing. Showings begin 6/5/24. Also can be sold as part of a portfolio, see MLS #4998472. Agent interest.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R-3
Rooms
Basement Entrance Interior
Basement Full, Unfinished
Interior
Heating Gas - Natural
Cooling None
Exterior
Utilities Available Cable
Roof Type Flat,Membrane
Building
Story 3
Foundation Stone
Sewer Public
Architectural Style Apartment Building, Multi-Family
Construction Status Existing
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