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360 Manchester, Manchester, NH 03103

9 Bed, 1 Bath Multi-Family Home For Sale

360 Manchester, Manchester, NH 03103 House For Sale - MLS #4734528
$319,899
9
1
Multi-Family
5+ Family
5
This listing is courtesy of John Skinner, Iii from Associated Attorneys Of New England

Property Description for 360 Manchester, Manchester, NH 03103

Money Maker in Manchester. BRAND NEW RUBBER ROOF! All Vinyl Replacement Windows. Cash flowing. Units currently occupied with good people, month to month. Seller to offer CREDIT FOR CLOSING COSTS upon request! The 4 BR unit on the 1st flr has been occupied by the same family for years. HEAT- oil/steam heat [newer boiler] mainly for the first floor only, every other unit has its own gas space heater paid for by the tenant and gas hot water heaters. Electric is included, separation NOT cost feasible, but the bill is only roughly $350/mo.-earn skymiles/pay by CC, OR install solar on roof. Lead Safe Cert. and a new back egress deck built 3 yrs ago. Tenants handle their own snow removal/trash. Walking distance to downtown. Investors take note. New CoC last summer good for 3 years. Could use upgrades to increase rents. Could do very basic renovations for instant equity. Rents have not been raised to keep good people in place. NOTE: Due to the Lead Paint abatement public policy obligations, if you want to purchase and evict, Tenants must be allowed to stay SO LONG AS THEY ARE PAYING RENT through APRIL 2019. OK to Evict if not current. Seller Help w/Eviction avail. at request! Rents and price commensurate with the class of building. Could be renovated and increased to boost cash flow, or leave as is and continue collecting the cash! Broker interest. Expenses believed to be and intended to be accurate, but not guaranteed as they vary more or less. See also NonPublic Remarks.

Interior Details

4,296 sq. ft.
$74.46/sq. ft.
Public
Public

Exterior Details

0.14 acres
6,098 sq. ft.
3
On-Site; Parking Spaces 6+; Paved
Wood Frame
Block; Concrete

Other Details

4734528
1910
$3,600

Units Description

Unit #1
Bedrooms: 4      Full / Half Baths: 1      Rent: $1,350     

Unit #2
Bedrooms: 2      Rent: $800     

Unit #3
Bedrooms: 2      Rent: $800     

Unit #4
Bedrooms: 1      Rent: $650     

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Town Description

Pennacook Indians called it Namoskeag, meaning "good fishing place"?a reference to the Amoskeag Falls in the Merrimack River. In 1722, John Goffe settled beside Cohas Brook, later building a dam and...

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