Our mobile site is optimized for smaller screens.

TRY IT NO THANKS

256 Central StManchester, NH 03103MLS Number 4617476

  • Price: $349,000The price has recently decreased
  • Est. Mortgage of $/month
  • 195 Days on Market
PrintSave Favorite
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.

  • R-3Zoning

Fully occupied property consists of 2 buildings 6 family unit & a detached commercial building (Barber Shop) at the corner of Beech & Central. Entrance to the commercial building is on Central. Gross Rents $56,340.00 Expenses $18,861.37 & I include an office, legal, and accounting fee in the expense. Rental income provides a nice ROI. The 6 fam consists of (4) 1 bedroom units & (2) 3 bedroom units. Over the years windows have been replaced & appliances upgraded. Roof is about 10 yrs old on the 6 unit & approx 5 on the commercial building. Newer vinyl siding was installed a couple of years ago on the 6 family. New electrical upgrade on the 6 family & all 7 tenants are individually metered. Landlord currently pays the electricity on Unit D. Unit D tenant has been there for over 8 years. Cost associated with landlord paying Unit D electricity is $922.42 deduct that from expenses & see how the ROI increases. Tenants pay all own electric except for D, Tenants pay for own heat except for B,D,E and the Salon. Multi Zone furnace. Salon pays own town water bill, tenants pay for own hot water except for D and E. Tenants handle the trash & plowing. COC expires in Aug 2019. I have no lease with the tenants. All current tenants have resided at the property for almost 2yrs. 4 tenants over 3 years. There exists some on site parking & off sight parking directly in front of buildings. Garage on site that D uses. 6 hot water heaters, 3 less than 3 yrs old. agent interest

Listed by Jack Murray of IKAN Property Advisors, LLC

Driving Directions

Your Local Office

Preferred Properties
2004 Williston Road
South Burlington VT, 05403

Office: 802-862-9106

Ask A Question

Call: 8005578186 8028629106 or send a message:

Do not fill in this field:

More Info

Basic Information

  • # of 1 Bedrooms4
  • # of 3 Bedrooms2
  • StatusActive With Contract
  • Units7

Property

  • Lot23
  • ZoningR-3
  • APX Fin AG Sqft4745
  • FoundationFieldstone, Granite
  • Heat FuelElectric, Gas - Natural
  • Property TypeMulti-Family
  • RoadsPaved, Public
  • Square Feet4745

Utilities

  • ElectricCircuit Breaker(s)
  • WaterPublic
  • Heat SystemBaseboard, Electric, Hot Water, Multi Zone
  • SewerPublic

Other

  • Broker NameIKAN Property Advisors, LLC
  • Agent NameMurray
  • Operating Expenses
    • Electric
    • Exterior Maintenance
    • Heating Fuel
    • Insurance
    • Maintenance/Repairs
    • Other
    • Water/Sewer
  • TrashCurbside, Municipal, Tenant
  • bloggingYes
  • Page21
  • Book7966
  • Delayed ShowingsNo
  • Number of Photos2
  • View Count4

Basic Information

  • Date Listed02/09/2017
  • List Price$349,000
  • MLS Number4617476
  • Seasonal Y/NNo

Building

  • Bathroom6
  • Total Baths6
  • Year Built1910
  • Water HeaterElectric, Gas - Natural
  • BasementConcrete, Dirt, Insulated, Unfinished
  • StyleMulti-Family, Other
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor LocationFirst
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Total Rooms6
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms3
  • Unit 7 Baths1

Location

  • StreetCentral St
  • Building Number256
  • TownManchester
  • Zip03103
  • CountyHillsborough
  • Map92
  • Flood Zone Y/NUnknown
  • Lot DescriptionIn Town, Neighborhood Corner
  • StateNH

Exterior

  • ExteriorAsbestos, Combination, Vinyl Siding, Wood, Wood Siding
  • RoofFlat, Membrane, Other, Shingle, Slate
  • Exterior ColorLight Gree

Amenities

  • Exterior AmenitiesPorch - Covered
  • Parking Spaces1
Broker Reciprocity

Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field:

Preferred Properties

  • 147 Knight Land
  • Williston, VT
  • 05495
  • Phone
  • Meep.
  • Fax
info@preferredpropertiesvt.com