293 Central Street, Manchester, NH - 8Units - $950,000

293 Central Street, Manchester, NH

   Photo 1 of 22   
Price: $950,000 Status: Pending
Taxes: $15,040 Lot Size 0.11

Comments:

"TEMPLE TOWERS" One of Manchester's MOST IMPRESSIVE former Church Converted RESIDENTIAL Investments. Funded by HUD in 1986-1987 this Church was meticulously transformed into EIGHT Spacious and nicely laid-out 2 BEDROOM Units on two levels. Current owner has remodeled 7 of 8 Kitchens. Roof replaced 8 years ago. Tenants pay all Natural Gas heating/hot water & electric. Security entrances & Original GRAND Stair-cases lead residents to their energy efficient & LEAD FREE apartments. Laundry room w/coin-op facilities, lots of on-site parking, vinyl sided, vinyl windows, several locked storage rooms in lower level rented for additional income . This is truly a RARE OPPORTUNITY to own a fine "Portfolio Quality" Investment. Gross Income $ 91,780.00 w/$23,040.00 Expenses ( includes taxes) for NET of $68,740.. Rents well below current market rates . Potential Gross Approaches $ 120,000.00. Proof of funds & Pre-approval letter from bank to schedule your showing , NO EXCEPTIONS !!

Listed by Frank Rosano of Pierre Peloquin Realty.

Property Features

Property Information

MLS # 
4850035 
Number of Units 

Additional Features

Basement 
Yes 
Baths 
 
BedsTot 
 
Electric 
Circuit Breaker(s) 
Exterior 
Vinyl Siding 
Exterior Features 
Storage 
Finished Sq Ft 
6320 
Footprint 
 
Foundation 
Concrete 
Garage 
No 
Heat/Fuel 
Gas - Natural 
House Color 
Tan 
Road Frontage 
Yes 
Roads 
Public 
Roof 
Shingle - Asphalt 
Sewer 
Public 
Total Rooms 
 
Total Units 

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