Porcupine Real Estate

231 Wilson Street, Manchester, NH 03103

Multi-Family

$385,000
Price
$375,000
Sale Price

7
Total Units
Well kept, 6 large, 3 bedroom units/1 commercial unit, multi-family with several long-term tenants resulting in good cash flow. Current gross monthly $6,275/ annual rent of $75,000, however, units are all under market. Note that owner currently pays utilities for several tenants, however each unit does have separate meters and these units can pay their own utilities. Detached garage, ample parking and wiring for coin ops in basement make this building desirable and units are easy to rent. Recent porch repairs. Excellent turn key investment, COC is in process and will be current in upcoming couple weeks.
Highlights
Property Type: Multi-Family
Price - Closed: 375,000
Full Baths: 6
Total Units: 7
MLS #: 4510108
List Agent: Diana Griffin
List Office: Elm Grove Realty
Price - List: $385,000
Listing Status: Closed
Basement: Yes
Zoning: commercial
Year Built: 1920
Total Leases: 3
Total 3+ BR Units: 6
SqFt-Apx Total: 10,000
SqFt-Apx Total Finished: 10,000
Separate Utilities: Yes
Total Stories: 3
Seasonal: No
Style: Garden
 
Interior
Basement Access Type: Interior
Total Heat Units: 6
SqFt-Apx Fin AG Source: Other
SqFt-Apx Fin BG Source: Other
Total Ranges: 6
Total Refrigerators: 6
Total Water Heaters: 7
SqFt-Apx Fin Above Grade: 8,000.00
SqFt-Apx Fin Below Grade: 2,000.00
Cooling: Other
Electric: Circuit Breaker(s)
Foundation: Granite
Heat Fuel: Gas - Natural
Water: Public
Water Heater: Gas - Natural
Exterior
Lot - Sqft: 7,841
Lot - Acres: 0.18
Garage: Yes
Flood Zone: No
Garage Type: Detached
Total Gas Meters: 7
Total Electric Meters: 7
Garage Capacity: 1.00
Pre-Construction: No
Road Frontage: TBD
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Vinyl
Lot Description: Level
Roads: Paved
Roof: Tar and Gravel
Sewer: Public
Taxes
Deed - Book: 7806
Deed - Page: 1005
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 8,250.00
School
School - District: Manchester Sch Dst SAU #37
School - High: Manchester Memorial High Sch
Expenses
Expenses - Insurance: 3,336
Gross Income: 76,000
Expenses - Taxes: 8,250
Trash: Curbside
 
 
Additional
Covenants: Unknown
Features - Exterior: Porch - Covered
Amenities: Coin Laundry
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 5 0 1 3 Month to Month 1 No 850.00 Monthly
Unit 2 5 1 3 2 No 850.00 Monthly
Unit 3 5 1 3
Unit 4 5 1 3 Heat Included Annual 1 Yes 1,000.00 Monthly
Unit 5 5 1 3 Heat Included Month to Month 2 No 875.00 Monthly
Unit 6 5 1 3 Heat Included Annual 3 Yes 1,000.00 Monthly
Map
The listing office is Elm Grove Realty and listing agent is Diana Griffin. 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 3/23/2017 8:27:00 AM.
 
Mark Warden
Mark Warden
Porcupine Real Estate