Porcupine Real Estate

741 Somerville Street, Manchester, NH 03103

Multi-Family

$299,900
Price
$299,900
Sale Price

5
Total Units
Excellent 11-Cap investment opportunity! Great cash flow, fully tenanted, low maintenance 5-family.Tenants pay all utilities. Building includes a 2-car garage and additional off-street parking. Turnkey operation. Units consist of (1) 4-bedroom; (4) Large 1-bedroomsIncome: $51,1202015 NOI: $36,708
Highlights
Property Type: Multi-Family
Price - Closed: 299,900
Full Baths: 5
Total Units: 5
Foreclosed/Bank-Owned/REO: No
MLS #: 4488215
List Agent: Miri Shpindler
List Office: Keller Williams Realty-Metropolitan
Price - List: $299,900
Listing Status: Closed
Basement: No
Zoning: RES
Year Built: 1923
Total 1 BR Units: 4
Total Leases: 5
Total 3+ BR Units: 1
SqFt-Apx Total Finished: 4,146
Separate Utilities: Yes
Total Stories: 3
Seasonal: No
Style: Other
Interior
Total Refrigerators: 5
SqFt-Apx Fin Above Grade: 4,146.00
Basement Description: Unfinished
Electric: Circuit Breaker(s)
Foundation: Concrete
Water: Public
Exterior
Lot - Sqft: 435
Lot - Acres: 0.01
Garage: Yes
Flood Zone: No
Garage Type: Detached
Road Frontage Length: 1
Garage Capacity: 2.00
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Vinyl
Lot Description: City Lot
Roof: Shingle - Asphalt
Sewer: Public
Taxes
Deed - Book: 8182
Documents Available: Lease Agreements
Deed - Page: 2187
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 6,012.00
Expenses
Cable Company: ANN
Expense - Utility: 1,500
Expenses - Insurance: 2,400
Gross Income: 51,120
Expenses - Taxes: 6,012
 
Additional
Covenants: Unknown
Area Description: Rural
Features - Exterior: Porch
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 Keller Williams Realty-Metropolitan and listing agent is Miri Shpindler. 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 7/21/2017 2:28:00 AM.
 
Mark Warden
Mark Warden
Porcupine Real Estate