585 Somerville StreetManchester, NH 03103MLS Number 4404400
- Price: $530,000The price has recently decreased
- Est. Mortgage of $/month
- 971 Days on Market
|Price||Down Payment||Interest Rate||Years|
Est. Mortgage: $/month
Federal 30-year interest rate: 4.03% last updated on 2017-07-13
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
- 100Road Frontage
Six 3-bedrm apts Plus Laundromat (not in use presently; equipment included as is;laundromat rent was $16,800.., NOT counted in rent roll now). Corner space could have any commercial/retail use. 6 Parking at rear. Vinyl-sided, newer windows. much wood flooring. tenants pay heat ,HW, elec.(one exception) Present Income: $70,200.. Exp: $17,367. NOI $52,833,. Rent roll 6 apts: $1200. only apt w/ht & util incl.;$950, 800, 1000, 950, 950. (5 new FHA/Gas furnaces being installed in all apts). 123 Wilson St,4 fam., adjacent bldg. can be sold as package for $359K add'l. Income there is $50,688. Rent Roll: $874.,1450,1000,900. tenants pay own util & ht. 4 car pkg .NOI ap $36,000.
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- # of 3 Bedrooms6
- Year Built1900
- Water HeaterGas - Natural, Owned, Tank
- BasementDaylight, Full, Partially Finished, Storage Space
- FloorsHardwood, Softwood, Vinyl
- RoofMembrane, Tar and Gravel
- Exterior Colorwhite
- Exterior AmenitiesPorch - Covered
- Parking Spaces
- Date Listed02/25/2015
- List Price$530,000
- MLS Number4404400
- Seasonal Y/NNo
- Road Frontage100
- APX Fin AG Sqft6144
- FoundationConcrete, Granite
- Heat FuelGas - Natural
- Property TypeMulti-Family
- RoadsPaved, Public
- Square Feet7188
- Heating Exp$1,500
- Income VerificationOwner Records
- Insurance Exp$3,500
- Utilities Exp$800
- Water Exp$3,300
- StreetSomerville Street
- Building Number585
- Flood Zone Y/NNo
- Lot DescriptionBusiness District, In Town, Near Shopping, Near Public Transportatn City Lot
- APX Fin Below Grade1044
- Electric200 Amp
- Heat SystemIndividual, Space Heater, Stove
- Broker NameBHHS Verani Commercial Div
- Agent NameBlais
- Operating ExpensesElectric, Insurance, Other, Water/Sewer
- Foot Print Dim64x32
- Delayed ShowingsNo
- Number of Photos4
- View Count11
. 3 Bathroom 3642 Square Feet 0.08 Acreage Year Built in 1920.
FANTASTIC MONEY MAKING 3 FAMILY on corner of Laurel Street and Wilson Street. All Big 3 Bedroom rental units ( 1st floor tenant of 10 years ) TENANTS PAY ALL SEPARATE UTILITIES, Natural Gas Heating/hot water, vinyl sided, vinyl windows, 2 separate paved driveways for all residents. Appropriately Priced in the market . A little bit of paint and cosmetics will make this a TRUE WINNER. Small easily maintained yard too. Current GROSS $34,800.00 with $7,762.00 expenses ( includes taxes). 24 HOUR NOTICE A MUST ! More
. 3 Bathroom 3780 Square Feet 0.11 Acreage Year Built in 2004.
BACK on MARKET due to BUYER FINANCING -- SHOWINGS begin on Saturday, 8/26/17 -- Terrific Opportunity to own this Upscale 2-Family in a Beautiful Neighborhood with Proximity to Highways, Shopping and Restaurants. Completely Renovated in 2015-- Unit 1 has brand new Kitchen with Solid Maple Cabinets in Espresso Finish, New Stainless Steel Appliances and Granite Counter tops. Renovations included New Floors, Additional Bedroom, Family Room/Office, and 3/4 Bath in Unit 1. Both Units have Full 2nd Floor Baths with Double Vanities and 2nd Floor Laundry rooms. Plus Separate Utilities, Extraordinary Attic Space for Expansion and Plenty of Off-Street Parking. Perfect Arrangement for Owner Occupancy or Investment Opportunity. Fully Occupied, Instant Profit! Annual Income $39,900 with only $8821 in expenses - Net Income $31,079. More
. 3 Bathroom 4521 Square Feet 0.11 Acreage Year Built in 1915.
3 Family home on a corner lot. Ample parking in rear. Walkout basement. Original classic kitchens with pantries and original classic bathrooms. Units have separate heat. Gas parlor heaters and gas and gas stoves. Seller does not pay NH transfer tax. Buyer responsible for total amount. Sale is AS IS. More
. 2 Bathroom 1817 Square Feet 0.06 Acreage Year Built in 1900.
Need help paying the mortgage? Great investment 2 family or make it a multi-generational home. Fabulous location near the Elliott Hospital. Excellent rental history. Separate utilities. Washer/Dryer hookups in common area on 1st floor. A great opportunity! More
. 4 Bathroom 3948 Square Feet 0.23 Acreage Year Built in 1902.
Opportunity is knocking in this "East Side" 4-Family property near the Elliot Hospital. The property consists of 2 buildings, and detached 3-Car Garage. Plenty of off-street parking, and tenants pay ALL of their own utilities! The first building is a 3-Family with 3-3-2 bedroom units. The second building is a cottage behind the first building. The single family unit has 1 Bedroom, 1 Bath and laundry hookups. Upgrades to include: vinyl siding, windows, heating systems, newer hot water heaters. Rents under market. COC good through May 2019. Gross Income $38,400. Expenses $10,606. More
. 4 Bathroom 3919 Square Feet 0.1 Acreage Year Built in 1900.
No maintenance required on this four family. Investor owned, well managed, long term tenants, no vacancies. Vinyl siding, replacement windows, young gas furnace, three new gas hot water heaters, circuit breakers. COC good until May 2020. Three bedrooms have separate utilities. One bedrooms include heat and hot water. Rents below market. 24 hour notice please. More
. 3 Bathroom 3339 Square Feet 0.1 Acreage Year Built in 1910.
Large FLAT TOP 3 FAMILY with all three bedroom units. Great location on the SOUTH END three blocks in from Cilley Rd. Fully rented, with first floor tenant vacating end of October. All separate utilities, washer and dryer hook ups for each unit. Side and back porches on all apartments. Natural woodwork / match stick paneling intact in halls and two units, as well as hardwood floors and French doors. Double wide paved driveway with two car detached garage and big back yard. Would make a great owner occupied building. Assisted showing 48 hours notice please. RENTAL UNITS IN THE SOUTH END AREA ALWAYS IN DEMAND and HARD TO GET!!! Wonderful INVESTMENT OPPORTUNITY !! More
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