394 RIMMON ST Under Contract

Manchester,NH 03102

$ 775000

7 Beds

6 Baths

4938 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,938 sqft

Price per Sqft $156

MLS Listing ID 5024196

Bedrooms 7

Full Baths 6

Construction Status Existing

Year Built 1910

Annual Tax Amount $10,234

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Superb West Side EASILY MANAGED 5-Unit featuring One HUGE 1st Floor 5-Room 3 Bedroom rental unit and Four SPACIOUS 1-Bedroom rental units, Tenants pay ALL Utilities, All are "Tenants at Will" (No Leases). Vinyl sided, Newer vinyl windows, NEW Asphalt roof $(26.000.00). Paved rear parking for 6 cars, Brand New COC. Current Gross Income $66,840.00 with $14,157.00 expenses (includes taxes) Solid Net of $56,683.00. Potential Gross of $ 81,000.00 with modest market rate increases. We've managed this wonderful West Side Investment for over 11 Years! Sellers are sad to sell but have new plans! Showings by scheduled appointments only!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning residential

Rooms

Basement Entrance Interior

Basement Concrete,Concrete Floor,Full,Unfinished,Interior Access,Stairs - Basement

Interior

Cooling None

Flooring Carpet,Hardwood,Laminate,Vinyl,Wood

Exterior

Garage Description Parking Spaces 5 - 10,Paved

Utilities Available Cable,Cable - At Site,Gas - On-Site,Multi Phone Lines,Telephone At Site

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Granite

Sewer Public

Construction Status Existing

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