Porcupine Real Estate

406 Belmont Street, Manchester, NH 03103

Multi-Family

$315,000
Price
$285,000
Sale Price

6
Total Units
Investment opportunity, located in the Hollow. Fully occupied, one tenant currently manages the site. off-street parking, average tenancy is 2-years, 5 TAW 1 lease. Notice needed to show.
Highlights
Property Type: Multi-Family
Price - Closed: 285,000
Total Units: 6
Foreclosed/Bank-Owned/REO: No
MLS #: 4605553
List Agent: Robert Bennett
List Office: Bennett, R. E. Brokerage
Price - List: $315,000
Listing Status: Closed
Basement: Yes
Zoning: R3
Year Built: 1920
Total 1 BR Units: 6
Total Leases: 1
SqFt-Apx Total: 4,472
SqFt-Apx Total Finished: 3,348
Total Stories: 3
Seasonal: No
Style: Apartment Building
 
 
Interior
SqFt-Apx Unfn AG Source: Municipal
SqFt-Apx Unfn BG Source: Municipal
Basement Access Type: Walkout
Total Full Baths: 6
Total Heat Units: 1
SqFt-Apx Fin AG Source: Municipal
SqFt-Apx Fin BG Source: Municipal
Total Ranges: 6
Total Refrigerators: 6
Total Water Heaters: 6
SqFt-Apx Unfn Below Grade: 1,124
SqFt-Apx Fin Above Grade: 3,348.00
Basement Description: Full
Cooling: None
Electric: Circuit Breaker(s)
Heating: Hot Water
Water: Public
Water Heater: Gas - Natural
Exterior
Color: gray
Lot - Sqft: 4,356
Lot - Acres: 0.10
Garage: No
Easements: Unknown
Flood Zone: Unknown
Garage Type: Other
Block: 0000
Lot: 0051
Total Gas Meters: 1
Road Frontage Length: 50
Total Electric Meters: 1
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Asbestos
Lot Description: Level
Roads: Public
Roof: Tar and Gravel
Sewer: Public
Taxes
Deed - Book: 7133
Deed - Page: 1706
Map: 0132
Assessment Year: 2015
Assessment Amount: $242,900
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 5,677.00
School
School - Elementary: Wilson School
School - Middle/Jr: Hillside Middle School
School - High: Central High School
Expenses
Expense - Utility: 5,930
Expenses - Insurance: 2,395
Gross Income: 54,240
Expenses - Taxes: 5,677
Net Income: 37,243.00
Expenses - Water: 1,791
Additional
Covenants: Unknown
Possession: At Closing
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 3 558 1 1 Month to Month 1 800.00 Monthly
Unit 2 3 558 1 1 1 775.00 Monthly
Unit 3 3 558 1 1 2 Yes 800.00 Monthly
Unit 4 3 558 1 1 2 750.00 Monthly
Unit 5 3 558 1 1 Month to Month 3 645.00 Monthly
Unit 6 3 558 1 1 Month to Month 750.00 Monthly
Map
The listing office is Bennett, R. E. Brokerage and listing agent is Robert Bennett. 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 5/29/2017 4:24:00 PM.
 
Mark Warden
Mark Warden
Porcupine Real Estate