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Off market
  • $606,800

    159 S Main St, Manchester, NH 03102

    --beds
    0baths
    4,471sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $606,800 Zestimate®
    $136/sqft
    $2,008 Estimated rent

    Owner options

    List your home for rent

    $2,008/mo

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    $2,008/mo

    Rent Zestimate®

    Refinance and save

    $3,969/mo

    Est. payment

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    $3,969/mo

    Est. payment

    What's special

    Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and open concept floor plan with large deck overlooking the river. Extra $400/month income from the billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected gross income of $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Electric, Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Interior area
    • Total interior livable area: 4,471 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,792 sqft
    Details
    • Parcel number: MNCHM0649B000L0028

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp
    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Manchester

    Other

    Other facts
    • Basement Description: Dirt Floor
    • Construction: Wood Frame
    • Foundation: Block, Post/Piers
    • Roads: Public, Paved
    • Sewer: Public
    • Water: Public
    • Surveyed: Unknown
    • Unit 3 Rental Amt Freq: Monthly
    • Construction Status: Existing
    • Electric: 100 Amp
    • Features - Exterior: Balcony
    • Heating: Hot Water
    • Unit 2 Info: Appliances Included, Range - Electric, Laundry Hookup, Heat
    • Unit 3 Info: Appliances Included, Range - Electric, Heat, Loft
    • Unit 1 Rental Agremnt: Yes
    • Unit 2 Rental Agremnt: Yes
    • Unit 3 Rental Agremnt: Yes
    • Road Frontage: Yes
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 2 Rental Amt Freq: Monthly
    • SqFt-Apx Fin AG Source: Municipal
    • Garage Description: Assigned, Heated
    • Lot Description: River, Major Road Frontage
    • Parking: Assigned, On Street, Driveway
    • Garage: Yes
    • Driveway: Common/Shared, Concrete
    • Separate Utilities: Yes
    • Total Stories: 3
    • Exterior: Aluminum, T-111
    • Water Heater: Oil
    • Unit 1 Lease Term: Owner Occupied
    • Flood Zone: Yes
    • Zillow Group: Yes
    • Style: Multi-Family, New Englander
    • Unit 1 Status: Leased
    • Unit 1 Info: Laundry Hookup
    • Unit 2 Status: Leased
    • Unit 3 Status: Leased
    • Listing Status: Active
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $606,800
    2% more+$12,136
    With Zillow Showcase(estimated)$618,936