Porcupine Real Estate

418 CEDAR STREET, Manchester, NH 03103

Multi-Family

$240,000
Price
$240,000
Sale Price

6
Total Units
ESTATE SALE !!! THIS EAST SIDE 6 FAMILY HAS BEEN OWNED BY THE SAME FAMILY SINCE 1923 ( YES !!! 93 YEARS ). ALL SPACIOUS 4 ROOM 2 BEDROOM UNITS, SEPARATE HEAT, HOT WATER AND ELECTRIC. VINYL SIDED, RUBBER ROOF REPLACED IN 1998, CIRCUIT BREAKERS, COC GOOD TO 9-13-16. HARDWODD FLOORS THROUGHOUT AND ALL NATURAL WOODWORK IN ALL UNITS. BUILDING HAS BEEN VACANT FOR MANY YEARS BUT REMAINED HEATED. NO CURRENT TENANTS AND BEING SOLD "AS-IS". NEEDS SOME UPDATING BUT REPRESENTS A TREMENDOUS OPPORTUNITY FOR THE CASH BUYER WITH EXPERIENCE AND VISION FOR "UPSIDE POTENTIAL." POTENTIAL GROSS EXCEEDS $54,000.00Availability of parking in rear by removing fence and trees
Highlights
Property Type: Multi-Family
Price - Closed: 240,000
Total 2 BR Units: 6
Total Units: 6
Residence: SECONDARY
Foreclosed/Bank-Owned/REO: No
MLS #: 4494334
List Agent: Pierre Peloquin
List Office: Pierre Peloquin Realty
Price - List: $240,000
Listing Status: Closed
Basement: Yes
Zoning: RES
Year Built: 1900
SqFt-Apx Total Finished: 6,300
Separate Utilities: Yes
Total Stories: 3
Seasonal: No
Style: Garden
 
 
Interior
Basement Access Type: Walk-up
Total Heat Units: 6
SqFt-Apx Fin AG Source: Municipal
Total Ranges: 5
Total Refrigerators: 6
Total Water Heaters: 5
SqFt-Apx Fin Above Grade: 6,300.00
Cooling: Individual
Foundation: Granite
Water: Public
Exterior
Color: GREY
Lot - Sqft: 4,791
Lot - Acres: 0.11
Garage: No
Flood Zone: No
Total Gas Meters: 6
Road Frontage Length: 50
Total Electric Meters: 6
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: None
Exterior: Vinyl
Parking: Unpaved
Roads: Public
Roof: Membrane
Sewer: Private
Taxes
Deed - Book: 8037
Deed - Page: 1671
Assessment Amount: $286,100
Tax Rate: 23.50
Surveyed: No
Taxes TBD: No
Tax - Gross Amount: 6,723.00
Expenses
Expenses - Insurance: 3,664
Gross Income: 54,000
Expenses - Taxes: 6,723
Income Data Source: Projected
Trash: Municipal
 
Additional
Covenants: No
Possession: At Closing
Equipment: Smoke Detectr-HrdWrdw/Bat
Services: Cable
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 4 1 2 Appliances Included 1 No 750.00 Monthly
Unit 2 4 1 2 Appliances Included 1 No 750.00 Monthly
Unit 3 4 1 2 Appliances Included 2 No 750.00 Monthly
Unit 4 4 1 2 Appliances Included 2 No 750.00 Monthly
Unit 5 4 1 2 3 No 750.00 Monthly
Unit 6 4 1 2 3 No 750.00 Monthly
Map
The listing office is Pierre Peloquin Realty and listing agent is Pierre Peloquin. 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 5/25/2017 1:24:00 PM.
 
Mark Warden
Mark Warden
Porcupine Real Estate