Bought with Joshua Winn • Realty One Group Next Level
$540,000
$515,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
25 Parker ST Manchester, NH 03102
6 Beds
3 Baths
2,496 SqFt
Key Details
Sold Price $540,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $216
MLS Listing ID 5007241
Sold Date 09/25/24
Bedrooms 6
Full Baths 3
Construction Status Existing
Year Built 1890
Annual Tax Amount $5,873
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Check out this awesome investment opportunity on the west side of Manchester! This well-kept 3-family property has (3) 2-bedroom, 1-bathroom units, all currently rented month-to-month. The tenants cover their own heat, electric, and hot water, making it super low-maintenance. Plus, there's a bonus walk-up attic space with endless possibilities! Whether you want to add a 4th unit (check with the city), give the 3rd unit more space, or use it for extra storage, there's a lot you can do here. The property brings in a solid gross income of $48,600 per year, with expenses at $9,159 per year, leaving a nice net income of $39,441 per year. Don't miss out on this fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income with plenty of room for upside! Act fast—this incredible deal won't last long! Showings begin by appointment on Wednesday 7/31/2024.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES
Rooms
Basement Entrance Interior
Basement Full
Interior
Heating Gas - Natural
Cooling None
Exterior
Utilities Available Cable, Gas - On-Site
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Stone
Sewer Public
Construction Status Existing
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