Eastside 3-Family Investment Opportunity, featuring spacious 3BR garden-style units, now available for the first time in 51 years! This prime property, conveniently situated downtown, offers proximity to all essential amenities, including shopping, highways, and hospitals. The vacant second floor presents a unique opportunity for owner-occupied buyers looking to make a sound investment. Each flat boasts separate utilities (FHW baseboard by natural gas), in-unit washer/dryer hookups, covered porches, ample storage, and access to a spacious shared parking area. With a current gross income of $34,428.00 (accounting for one vacant unit) and total expenses of $11,330 (including taxes), the property yields a robust net income of $23,098 annually. Considering current under-market rents, a conservative projection anticipates an impressive income of $64,800 per year ($1,800/mo. x 3 = $5,400/mo.). This property could be an excellent addition to your expanding portfolio, presenting a solid investment opportunity in a highly convenient location. Seize the moment—don't let this remarkable opportunity slip through your fingers!
Closed
Listed by:
John Roy,
Homefront Realty, LLC 603-931-3003
Bought with: Coldwell Banker Realty Bedford NH
$600,000
174 Green Street, Manchester, NH 03103
9beds
3,885sqft
Multi Family
Built in 1920
-- sqft lot
$708,600 Zestimate®
$154/sqft
$2,568 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 09, 2024 at 02:30pm
Listed by:
John Roy,
Homefront Realty, LLC 603-931-3003
Bought with:
Ian Larose
Coldwell Banker Realty Bedford NH
Source: PrimeMLS,MLS#: 4982219
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Natural Gas Water Heater, Owned Water Heater, Tank Water Heater
Features
- Flooring: Carpet, Laminate
- Basement: Bulkhead,Concrete Floor,Full,Interior Stairs,Unfinished,Exterior Entry,Interior Entry
Interior area
- Total structure area: 5,480
- Total interior livable area: 3,885 sqft
- Finished area above ground: 3,885
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Shared Driveway, Paved, Driveway, Parking Spaces 6+
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Modified
Features
- Levels: 3
- Patio & porch: Covered Porch
- Frontage length: Road frontage: 60
Lot
- Size: 6,098 sqft
- Features: City Lot, Corner Lot, Landscaped, Level, In Town, Near Shopping, Near Public Transit
Details
- Parcel number: MNCHM0064B000L0004
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding
- Foundation: Granite
- Roof: Membrane
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & neighborhood
Location
- Region: Manchester
Other
Other facts
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$708,600
2% more+$14,172
With Zillow Showcase(estimated)$722,772