Porcupine Real Estate

8-10 Dutton Street, Manchester, NH 03104

Multi-Family

$379,000
Price
$360,000
Sale Price

6
Total Units
***Investors Take Notice*** Solid property with greater than a 7% cap rate and greater than a 10% cash-on-cash return. May even qualify for only 20% down**Well maintained 6 unit multi family now available for sale! Property offers updated electric, vinyl windows and siding and paved parking. Property is comprised of three 2-bdrm units and Three 3-bdrm units. Owner pays heat for 3 units only. Tenants pay all separate hot water and electric.
Highlights
Property Type: Multi-Family
Price - Closed: 360,000
Full Baths: 6
Total 2 BR Units: 3
Total Units: 6
Foreclosed/Bank-Owned/REO: No
MLS #: 4499479
List Agent: Deana Theriault
List Office: NAI Norwood Group
Price - List: $379,000
Listing Status: Closed
Basement: Yes
Zoning: RES
Year Built: 1920
Total 3+ BR Units: 3
SqFt-Apx Total: 6,891
SqFt-Apx Total Finished: 6,891
Separate Utilities: Varies
Total Stories: 3
Seasonal: No
Style: Garden
Interior
SqFt-Apx Unfn AG Source: Measured
Basement Access Type: Interior
Total Heat Units: 4
SqFt-Apx Fin AG Source: Municipal
SqFt-Apx Fin BG Source: Measured
Total Ranges: 6
Total Refrigerators: 6
Total Water Heaters: 6
SqFt-Apx Fin Above Grade: 5,091.00
SqFt-Apx Fin Below Grade: 1,800.00
Cooling: Window AC
Foundation: Granite
Heat Fuel: Gas - Natural
Water: Public
Exterior
Color: yellow
Lot - Sqft: 6,098
Lot - Acres: 0.14
Garage: Yes
Flood Zone: Unknown
Garage Type: Detached
Total Gas Meters: 6
Road Frontage Length: 60
Total Electric Meters: 6
Garage Capacity: 4.00
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Vinyl
Roads: Public
Roof: Shingle - Architectural
Sewer: Public
Taxes
Deed - Book: 8637
Deed - Page: 1883
Assessment Year: 2015
Assessment Amount: $301,200
Tax Rate: 23.50
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 7,060.00
School
School - High: Central High School
Expenses
Expenses - Heat: 3,226
Expense - Utility: 1,818
Expenses - Insurance: 3,148
Expenses - Management: 3,421
Gross Income: 61,983
Expenses - Maintenance: 3,719
Expenses - Taxes: 7,068
Expenses - Snow: 895
Expenses - Water: 3,201
Income Data Source: Owner Records
Trash: Municipal
 
Additional
Covenants: No
Possession: At Closing
Contingencies: None
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 1 925.00 Monthly
Unit 2 5 1 2 1 775.00 Monthly
Unit 3 4 1 2 2 929.00 Monthly
Unit 4 5 1 2 Appliances Included 2 825.00 Monthly
Unit 5 4 1 2 3 950.00 Monthly
Unit 6 5 1 2 Appliances Included 3 761.00 Monthly
Map
The listing office is NAI Norwood Group and listing agent is Deana Theriault. 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 5/28/2017 10:24:00 PM.
 
Mark Warden
Mark Warden
Porcupine Real Estate