Bought with Marilyn Menning • EXP Realty
$850,000
$850,000
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4,959 SqFt
SOLD DATE : 07/26/2024
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,959 sqft
Price per Sqft $171
MLS Listing ID 4998470
Sold Date 07/26/24
Construction Status Existing
Year Built 1983
Annual Tax Amount $9,726
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
This exceptional property offers the perfect opportunity for owner-occupancy while generating rental income. This property features 4 large townhouse units, each offering 3 bedrooms and 1.5 baths, spread across 3 levels. The kitchen and living room are on the middle entry level, the lower level includes a laundry area, a bedroom, and a half bath, while the upper level features a full bath and two additional bedrooms. The vacant owner unit has been beautifully renovated and is move-in ready, boasting modern upgrades and high-end finishes. The remaining three units are fully occupied, generating a monthly gross rent of $5,395, with the potential for $7,395 or more if all units are rented out. All units have been updated, ensuring a comfortable living environment for tenants. The property includes four off-street parking spaces, with shared driveway easement documents available. Each occupied unit has laundry hookups, and the vacant unit is equipped with laundry machines for added convenience. Owned and professionally managed by the same owner since 2013, the property has been well-maintained over the years. Situated in Manchester, NH, this area is renowned 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. Contact us today to schedule a viewing. 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 Finished
Interior
Heating Gas - Natural
Cooling None
Exterior
Utilities Available Cable
Roof Type Shingle
Building
Story 2
Foundation Other
Sewer Public
Architectural Style Apartment Building, Multi-Family
Construction Status Existing
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