Manchester, NH 03104,66 Prospect ST
Listed by Matthew Lefebvre • Elm Grove Realty
Bought with A non NEREN member • A Non-NEREN Agency

$280,000

Est. payment /mo

$289,700

3.3%
Est.Price: ?

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66 Prospect ST Manchester, NH 03104

3,162 SqFt

SOLD DATE : 05/03/2019

Key Details

Sold Price $280,000

Property Type Commercial

Sub Type Investment,Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,162 sqft

Price per Sqft $88

MLS Listing ID 4673352

Sold Date 05/03/19

Year Built 1890

Annual Tax Amount $7,800

Tax Year 2016

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Investment,Office

Property Description

Stunning Victorian office building located in the North End of Manchester on the corner of Prospect St and Pine St. Featuring eight very clean and renovated offices and one shared conference room. This property is currently occupied by 6 tenants at will and one tenant on a year long lease. This building would function great for an owner-user or as an investment property. Currently grosses over $44,000 annually and has only $15,000 in annual expenses. Natural gas installed in late 2017, replacing the previous oil-burning system and providing a significantly lower heating cost. Newly paved and striped parking lot allows one dedicated space per unit and additional spaces for visitors. Flat lot provides additional opportunities to expand the off-street parking. Great signage available. This property provides a fantastic opportunity for a business owner to move their business to a premiere location. A great investment opportunity for someone looking for a well-maintained, 8%+ cap rate, office building to add to their portfolio OR some blend in between! Let some tenants cover the cost of your mortgage. Broker interest.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning R3

Rooms

Basement Entrance Walk-up

Basement Other

Interior

Heating Gas - Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Off Street, On-Site, On Street, Parking Spaces 11 - 20, Paved

Garage Description Off Street, On-Site, On Street, Parking Spaces 11 - 20, Paved

Roof Type Tar and Gravel

Building

Lot Description City Lot

Foundation Fieldstone

Sewer Public

Water Public

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PrimeMLS
Corina Cisneros

Corina Cisneros

Broker Associate/ Owner | License ID: 069247

+1(603) 273-6160

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