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Multi-Family for Sale: 25 Parker Street, Manchester, NH 03102

6 beds
3 full baths
2,496 sqft
$515,000
$515,000
25 Parker Street, Manchester, NH 03102
6 beds
3 full baths
2,496 sqft
$515,000
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Price:
$515,000

Type Multi-Family
Style Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 2,496 sqft
Lot Size 0.15 acres
Year Built 1890
Taxes Paid $5,873

City Manchester
County Hillsborough

MLS 5007241
Status Pending
DOM 10 days
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.

Lot & Building Features

Utilities Cable, Gas - On-Site
Construction Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Stove - Gas
Sewer Public
Tax Year 2023
Taxes Paid $5,873
Water Public
Basement Description Full
Foundation Stone
Lot Description City Lot
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Apx Sqft 832
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Rental Amount 1550.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Month to Month
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Apx Sqft 832
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Rental Amount 1200.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Month to Month
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Apx Sqft 832
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Rental Amount 1300.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Month to Month
Unit 3 Tenant Pays Electric, Hot Water, Heat

Price History of 25 Parker Street, Manchester, NH

Date Name Price Difference
07/29/2024 Listing Price $515,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$430,000
$173 / sqft
Average
$510,433
$203 / sqft
High
$600,000
$232 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Manchester 03102 6 3.0 $515,000 2,496 $206 N/A
54 Claremont Avenue Manchester 03103 5 2.0 $540,000 2,412 $224 10/02/2023
18-20 QUIRIN Street Manchester 03102 6 2.0 $500,000 2,508 $199 10/27/2023
24 Jane Street Manchester 03104 5 3.0 $510,000 2,528 $202 12/12/2023
128 Young Street Manchester 03103 5 2.0 $450,000 2,338 $192 11/07/2023
181 Russell Street Manchester 03104 6 2.0 $545,000 2,646 $206 01/08/2024
128 McNeil Street Manchester 03102 5 2.0 $511,000 2,592 $197 12/14/2023
503 Hanover Street Manchester 03104 6 3.0 $500,000 2,635 $190 11/09/2023
242 Prospect Street Manchester 03104 5 3.0 $430,000 2,490 $173 11/29/2023
616 Hevey Street Manchester 03102 6 3.0 $515,000 2,696 $191 11/30/2023
336 Calef Road Manchester 03103 6 2.0 $470,000 2,512 $187 01/31/2024
164 Morgan Street Manchester 03102 5 2.0 $525,000 2,370 $222 01/05/2024
495 Central Street Manchester 03103 6 2.0 $600,000 2,482 $242 03/29/2024
89 Fourth Street Manchester 03103 6 3.0 $600,000 2,591 $232 04/10/2024
528 Kelley Street Manchester 03102 6 2.0 $520,500 2,592 $201 04/10/2024
253 Walnut Street Manchester 03104 5 2.0 $440,000 2,311 $190 06/12/2024

Map of 25 Parker Street, Manchester, NH

Location Map Street View
Listed by REAL Broker NH, LLC, Breandan Garland
$
20%
1.1403883495146%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

25 Parker Street (MLS #5007241) is a multi-family listing located in Manchester, NH. This multi-family listing is 2,496 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 6 bedrooms, 3 baths and is 134 years old. This property was listed on 07/29/2024 and has been priced for sale at $515,000.

The 6 bedroom multi-family listing at 89 Fourth Street in Manchester is nearby and sold for $600,000 on 04/10/2024. Another nearby 5 bedroom multi-family listing, 128 McNeil Street in Manchester sold for $511,000 on 12/14/2023.

Nearby zip codes are 03054, 03101, 03102 0000, 03103 and 03104. This property neighbors other cities such as Bedford, Goffstown, Hooksett, Londonderry and Merrimack.

PrimeMLS

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: REAL Broker NH, 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 09/21/2024