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Multi-Family for Sale: 174 Green Street, Manchester, NH 03103 SOLD

9 beds
3 full baths
3,885 sqft
$600,000
$600,000
174 Green Street, Manchester, NH 03103 SOLD
9 beds
3 full baths
3,885 sqft
$600,000
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Selling Price: $600,000
Original List Price: $550,000
Sold at 109.1% of list price
Sold Date: 02/09/2024

Type Multi-Family
Style Apartment Building, Multi-Family
Beds 9
Total Baths 3 full baths
Square Feet 3,885 sqft
Lot Size 0.14 acres
Year Built 1920

City Manchester
County Hillsborough
School District Manchester Sch Dst SAU #37

MLS 4982219
Status Closed
DOM 12 days
Eastside 3-Family Investment Opportunity, featuring spacious 3BR garden-style units, now available for the first time in 51 years! This prime property, conveniently situated downtown, offers proximity to all essential amenities, including shopping, highways, and hospitals. The vacant second floor presents a unique opportunity for owner-occupied buyers looking to make a sound investment. Each flat boasts separate utilities (FHW baseboard by natural gas), in-unit washer/dryer hookups, covered porches, ample storage, and access to a spacious shared parking area. With a current gross income of $34,428.00 (accounting for one vacant unit) and total expenses of $11,330 (including taxes), the property yields a robust net income of $23,098 annually. Considering current under-market rents, a conservative projection anticipates an impressive income of $64,800 per year ($1,800/mo. x 3 = $5,400/mo.). This property could be an excellent addition to your expanding portfolio, presenting a solid investment opportunity in a highly convenient location. Seize the moment—don't let this remarkable opportunity slip through your fingers!

Lot & Building Features

Appliances Water Heater – Owned, Water Heater–Natural Gas, Water Heater – Tank
Utilities Cable - Available, Telephone Available
Construction Aluminum Siding, Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Baseboard, Hot Water
Parking Description Driveway, Parking Spaces 6+
Sewer Public
Tax Year 2023
Water Public
Basement Description Bulkhead, Unfinished, Stairs - Interior, Full, Exterior Access, Concrete Floor
Foundation Granite
Lot Description City Lot, Level, Landscaped, Corner
Roof Membrane
Features Exterior Handicap Modified, Porch - Covered
Garage No

Community and Schools

Elementary School Beech Street School
Junior High School Mc Laughlin Middle School
Senior High School Manchester Central High Sch

Unit Features

Unit 1 Apx Sqft 1295
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included, Storage, Refrigerator, Range - Electric, Porch, Laundry Hookup, Heat - Natural Gas, Ceiling Fan
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1769.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style Garden
Unit 1 Tenant Pays All Utilities, TV Service, Internet Service, Hot Water, Heat, Electric, Cooling
Unit 2 Apx Sqft 1295
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Appliances Included, Storage, Refrigerator, Range - Electric, Porch, Laundry Hookup, Heat - Natural Gas, Ceiling Fan
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 5
Unit 2 Status Vacant
Unit 2 Style Garden
Unit 2 Tenant Pays All Utilities, TV Service, Internet Service, Hot Water, Heat, Electric, Cooling
Unit 3 Apx Sqft 1295
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Info Appliances Included, Storage, Refrigerator, Range - Electric, Porch, Laundry Hookup, Heat - Natural Gas, Ceiling Fan
Unit 3 Lease Term Month to Month
Unit 3 Level Number 3
Unit 3 Rental Agreement No
Unit 3 Rental Amount 1100.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Status Month to Month
Unit 3 Style Garden
Unit 3 Tenant Pays All Utilities, TV Service, Internet Service, Hot Water, Heat, Electric, Cooling

Price History of 174 Green Street, Manchester, NH

Date Name Price Difference
01/12/2024 Listing Price $600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 174 Green Street, Manchester, NH

Location Map Street View
Listed by Homefront Realty, LLC, John Roy
Sold by Coldwell Banker Realty Bedford NH, Ian Larose
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1%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Homefront Realty, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/14/2024