159-163 Concord Street, Manchester, NH 03104

Multi-Family

$1,350,000
Price
$1,350,000
Sale Price

21
Total Units
Best location & income for 21 Units in 03104 zip code! Income $198,444.;Expenses $47,205.w/taxes; NOI $151,239.; 11%CR; w/80%LTV mortgage, cash on cash 25.6% after P&I, or $69K. Next to Practical Art Museum, City Library,2 Churches, insurance co., park, summertime farmers' market and only 2 blocks to Elm St. (9) 3-bedrm apartments in front bldg, all w/FHA gas furnaces, tenants pay all. (12) 1-bedrm apartments in rear building: gas furnace/ heat & HW included in rent, tenants pay electric. Hardwd floors; 21-car paved parking. Trim recently painted on front bldg. Property has 2015 COC. Laundry hookups, and private storage sheds off porches in front building. Always full! Owner is a licensed NH RE broker.Rent roll:$700,600,750,837,700,750,700,650,700,700,700,650.at 159 Concord St (rear)and $900,900,90;0,850,900,800,1000,950,900 at 161,163,165 Concord St(Frt)
Highlights
Property Type: Multi-Family
Price - Closed: 1,350,000
Full Baths: 21
Total Units: 21
Foreclosed/Bank-Owned/REO: No
MLS #: 4402388
List Agent: Joan Blais
List Office: BHHS Verani Commercial Div
Price - List: $1,350,000
Listing Status: Closed
Basement: Yes
Zoning: mixed
Year Built: 1890
Total 1 BR Units: 12
Total Leases: 21
Total 3+ BR Units: 9
SqFt-Apx Total: 17,514
SqFt-Apx Total Finished: 17,514
Separate Utilities: Varies
Total Stories: 3
Seasonal: No
Style: Other
 
 
Interior
Basement Access Type: Walk-up
Total Rooms Above Ground: 81
Total Heat Units: 10
SqFt-Apx Fin AG Source: Municipal
Total Ranges: 21
Total Refrigerators: 21
Total Water Heaters: 10
SqFt-Apx Fin Above Grade: 17,514.00
Cooling: None
Heat Fuel: Gas - Natural
Water: Public
Exterior
Color: tan/red
Lot - Sqft: 19,166
Lot - Acres: 0.44
Garage: Yes
Flood Zone: No
Garage Type: Detached
Total Gas Meters: 10
Road Frontage Length: 125
Total Electric Meters: 22
Garage Capacity: 1.00
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Lot Description: City Lot
Roads: Paved
Sewer: Public
Taxes
Deed - Book: 8026
Deed - Page: 2595
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 16,540.00
Expenses
Expenses - Heat: 9,523
Expense - Utility: 858
Expenses - Insurance: 7,400
Gross Income: 198,444
Expenses - Taxes: 16,540
Expenses - Trash: 4,325
Expenses - Water: 8,559
Income Data Source: Owner Records
 
Additional
Covenants: Unknown
Contingencies: Other
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Map
The listing office is BHHS Verani Commercial Div and listing agent is Joan Blais. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2017 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 7/28/2017 10:24:00 AM.
 
Sandra Tessier
Sandra Tessier
RE/MAX Property Specialists Group Inc.