302 South Main Street

    Manchester, NH 03102
    • $450,000
    • STATUS: Active
    • MLS #: 4780431
    UPDATED: 21 min ago
    $450,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,109
      SQFT
    • $110
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Courtesy of Christine Tatro of Exp Realty.

    Description

    Unique investment opportunity featuring 2 buildings in one. A 3 unit building consisting of a commercial space leased to a salon and 2 - two bedroom units. A 3 unit brick building consisting of 3 -two bedroom units. All separate utilities, well managed and running at a 8% cap rate YTD and by 4th quarter should increase to 10% cap rate. Amazing investment opportunity. Great location, fully occupied/ leased.

    Monthly Payment Calculator



    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-10-16T14:06:07.32.
    www.parrottrealtygroup.com/homes/99705537

    302 South Main Street Manchester, NH 03102

    • Price: $450,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 4780431
    0
    Beds
    6
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,109
    SQFT
    $110
    $/SQFT
    1920
    Built
    County:
    Hillsborough
    Area:
    Manchester
    Property Description
    Unique investment opportunity featuring 2 buildings in one. A 3 unit building consisting of a commercial space leased to a salon and 2 - two bedroom units. A 3 unit brick building consisting of 3 -two bedroom units. All separate utilities, well managed and running at a 8% cap rate YTD and by 4th quarter should increase to 10% cap rate. Amazing investment opportunity. Great location, fully occupied/ leased.
    Exterior Features

    Color White Construction Wood Frame Driveway None Exterior BrickVinyl Siding Has Garage No Lot Description Level Road Frontage Tbd Roads Public Roof FlatShingle - Asphalt Style Multi-Family

    Interior Features

    Basement Access Type Walk-Up Basement Description Concrete FloorFullPartial Cooling None Foundation BlockGranite Has Basement Yes Heating Forced Air Total Heated Units 6 Total Ranges 5 Total Refrigerators 5 Water Heater ElectricGas

    Property Features

    Auction No Construction Status Existing Electric 200 Amp Flood Zone No Gross Income 56136 Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 7566 Tax Year 2019 Taxes Tbd No Total Leases 6 Total1 Bed Units 0 Total2 Bed Units 5 Total3 Plus Bed Units 0 Utilities Cable - Available Water Public Zoning Multi

    Courtesy of Christine Tatro of Exp Realty.


    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-10-16T14:06:07.32.
     
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    Courtesy of Christine Tatro of Exp Realty.