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

6 beds
3 full baths
2,496 sqft
$540,000
$540,000
25 Parker Street, Manchester, NH 03102 SOLD
6 beds
3 full baths
2,496 sqft
$540,000
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Selling Price: $540,000
Original List Price: $515,000
Sold at 104.9% of list price
Sold Date: 09/25/2024

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

City Manchester
County Hillsborough

MLS 5007241
Status Closed
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
Heating Stove - Gas
Sewer Public
Tax Year 2023
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 $540,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 25 Parker Street, Manchester, NH

Location Map Street View
Photo of Jody Reese
Jody Reese
Agent
Direct: 603-236-9234
Office
195 McGregor Street, Suite 325
Manchester, NH 03102
603-824-5794
Listed by REAL Broker NH, LLC, Breandan Garland
Sold by Realty One Group Next Level, Joshua Winn
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1%
6.75%
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Monthly Taxes
Monthly HOA
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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 12/24/2024