159 S Main Street, Manchester, NH - 3Units - $249,900

159 S Main Street, Manchester, NH

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Price: $249,900 Status: Pending
Taxes: $7,940 Lot Size 0.11

Comments:

Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and open concept floor plan with large deck overlooking the river. Extra $400/month income from the billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected gross income of $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.

Listed by Andrew Kieffer of BHHS Verani Bedford.

Property Features

Property Information

MLS # 
4845841 
Number of Units 

Additional Features

Basement 
Yes 
Baths 
 
BedsTot 
 
Electric 
Circuit Breaker(s) 
Exterior 
Vinyl Siding 
Exterior Features 
Deck 
Finished Sq Ft 
4471 
Footprint 
27 x 91 
Foundation 
Pier/Column, Stone 
Garage 
Yes 
Heat/Fuel 
Gas - Natural 
House Color 
Beige 
Road Frontage 
Yes 
Roads 
Public 
Roof 
Membrane, Metal, Shingle - Asphalt 
Sewer 
Public 
Total Rooms 
 
Total Units 

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