Strong cash flows stable tenancies all large apartments 9 apartments six 4 bedroom apartments and three 3 bedroom apartments, separate utilities. Easy to rent because of the apartment sizes. Solid 9% cap rate with 14% used for management and vacancy so self managed with full occupancy is a 23% cap rate and financed a great cash on cash return. Building is in decent condition, has lead paint certificate, and is available as a package with other buildings.
Off market
Zestimate®
$2,088,100
269 Cedar St, Manchester, NH 03103
33beds
10,215sqft
MultiFamily
Built in 1910
-- sqft lot
$2,088,100 Zestimate®
$204/sqft
$1,778 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Forced air, Gas
Cooling
- None
Interior area
- Total interior livable area: 10,215 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 5,227 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Manchester
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Public School
- Basement Feature: Full, Unfinished Basement
- Construction: Frame
- Exterior: Vinyl
- Hot Water: Natural Gas
- Road Type: Public
- Apod Available: Yes
- Lot Description: Level
- Foundation: Other (see Remarks)
- Electric Feature: 200 Amps
- Mf Type: 5-9 Family
- Roof Material: Tar & Gravel
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$2,088,100
2% more+$41,762
With Zillow Showcase(estimated)$2,129,862