332 Hanover Street, Manchester, NH - 11Units - $660,000

332 Hanover Street, Manchester, NH

Price: $660,000 Status: Pending
Taxes: $15,625 Lot Size 0.11

Comments:

HANOVER HILL 11- UNIT INVESTMENT!!! Consisting of a CLASSIC VICTORIAN style 8- UNIT and a Separate 3- FAMILY ( ALL BIG THREE BEDROOMS). THE 8 UNIT was GUTTED TO THE STUDS about 20 years ago due to fire. UPDATED with insulation, drywall, plumbing, electrical, kitchens and baths, doors and mouldings. Seven 1-bdrm , One 2-Bdrm and Three 3-Bdrm units Grossing $117,840 annually with $43,325.00 +/- Operating expenses ( includes taxes) Owner pays heat ( New Natural Gas System ) and Hot Water for all 11 units. On site Coin Op laundry area. Off site parking available just 3 doors away on Amherst Street. Fully Occupied and NETTING $74,515.00 +/- YEAR. ONLY SERIOUS QUALIFIED BUYER PLEASE. 24 HOUR NOTICE A MUST. This is one of the BEST CASH FLOWING INVESTMENTS WE'VE SEEN ALL YEAR !!

Listed by Pierre Peloquin of Pierre Peloquin Realty.

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Property Features

Property Information

MLS # 
4671134 
Number of Units 
11 

Additional Features

Basement 
Yes 
Baths 
Not Available 
BedsTot 
Not Available 
Electric 
Circuit Breaker(s) 
Exterior 
Wood 
Exterior Features 
Not Available 
Finished Sq Ft 
8655 
Footprint 
62x42 + 17x42 
Foundation 
Granite 
Garage 
No 
Heat/Fuel 
Gas - Natural 
House Color 
brown 
Road Frontage 
Yes 
Roads 
Public 
Roof 
Membrane, Shingle - Asphalt 
Sewer 
Public 
Total Rooms 
Not Available 
Total Units 
11 

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