618 Prescott StreetManchester, NH 03103MLS Number 4723997

  • Price: $289,999
  • Est. Mortgage of $/month
  • 63 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 4.75% last updated on Dec 6, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.16Acreage
  • 3Bathroom
  • 1925Year Built
  • 2760Square Feet

Driving Directions

This well-maintained, three-family property is located in a quiet area and set back from the road. While this building is currently fully occupied with multi-year tenants, this provides a great opportunity for an owner occupant as all tenants are on month-to-month leases. The owner has invested a lot of money into the building including separating all utilities in the building, renovating all of the apartments, installing gas parlor heaters less than five years ago, installing hot water heaters less than five years ago, separating electric circuit break panels for each unit, and putting on a new rubber roof on less than ten years ago. Each apartment also features "backup" electric baseboard heaters just in case anyone isn't feeling warm enough! As an investment, this building has a solid rent roll with some potential to grow, pulling in approximately $35,000 a year in income, and with separate utilities, expenses run under $10,000 a year! If you're looking for a great opportunity to live rent-free, consider this investment your next home.

Listed by Matthew Lefebvre of Elm Grove Realty

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1925
  • Building ConstructionWood Frame
  • StyleMulti-Family, Tri-Level
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location3
  • # of 3 Bedrooms3
  • Bathroom3
  • Total Baths3
  • BasementUnfinished
  • FoundationFieldstone

Basic Information

  • Date Listed10/11/2018
  • StatusACT
  • Property TypeMulti-Family
  • List Price$289,999
  • Agent NameLefebvre
  • Broker NameElm Grove Realty
  • Date Price Change10/17/2018
  • MLS Number4723997

Exterior

  • ExteriorVinyl Siding
  • RoofFlat, Membrane
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - Natural
  • Heat SystemElectric, Gas Heater - Vented
  • WaterPublic
  • Water HeaterGas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic

Other

  • Seasonal Y/NNo
  • bloggingYes
  • Page2888
  • Book7314
  • Delayed ShowingsNo
  • Number of Photos3
  • View Count2

Location

  • Building Number618
  • StreetPrescott
  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • Flood Zone Y/NNo

Property

  • Acreage0.16
  • Lot10
  • Square Feet2760
  • APX Fin AG Sqft2760
  • RoadsPaved, Public
  • Lot DescriptionCity Lot
Coldwell Banker Dinsmore Associates
Office: 603-898-9038
115 Indian Rock Road
Jct. of Interstate 93 and Route 111
Windham, NH 03087

Manchester, NH Demographics

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Copyright 2018 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.

 

 

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