Check out this awesome investment opportunity on the west side of Manchester! This well-kept 3-family property has (3) 2-bedroom, 1-bathroom units, all currently rented month-to-month. The tenants cover their own heat, electric, and hot water, making it super low-maintenance. Plus, there's a bonus walk-up attic space with endless possibilities! Whether you want to add a 4th unit (check with the city), give the 3rd unit more space, or use it for extra storage, there's a lot you can do here. The property brings in a solid gross income of $48,600 per year, with expenses at $9,159 per year, leaving a nice net income of $39,441 per year. Don't miss out on this fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income with plenty of room for upside! Act fast—this incredible deal won't last long! Showings begin by appointment on Wednesday 7/31/2024.
Closed
Listed by:
Breandan Garland,
REAL Broker NH, LLC Cell:603-716-0946
Bought with: Realty One Group Next Level
$540,000
25 Parker Street, Manchester, NH 03102
6beds
2,496sqft
Multi Family
Built in 1890
-- sqft lot
$602,100 Zestimate®
$216/sqft
$2,387 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2024 at 02:21pm
Listed by:
Breandan Garland,
REAL Broker NH, LLC Cell:603-716-0946
Bought with:
Joshua Winn
Realty One Group Next Level
Source: PrimeMLS,MLS#: 5007241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Gas Stove
Cooling
- None
Features
- Basement: Full,Interior Entry
Interior area
- Total structure area: 4,160
- Total interior livable area: 2,496 sqft
- Finished area above ground: 2,496
- Finished area below ground: 0
Property
Parking
- Parking features: Paved
Features
- Levels: 3
- Frontage length: Road frontage: 57
Lot
- Size: 6,534 sqft
- Features: City Lot
Details
- Parcel number: MNCHM0378B000L0016
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Gas On-Site
Community & neighborhood
Location
- Region: Manchester
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$602,100
2% more+$12,042
With Zillow Showcase(estimated)$614,142