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Listed price in listed location currency (USD).
$900,000
$939,900

000

MLS® 4966175

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4579 sqft
Garage No
Taxes $8,728
Lot Size 0.18 acres
Approx. Age 1910
Avg. Price Per Sqft $205
MLS® Number 4966175

Property Address: 604 Beech St, Manchester, NH, 03104-4862

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied six-unit multi-family building consisting of two one-bedroom units, two spacious one+ bedroom units, a sprawling two-bedroom unit on the third floor, and a distinctive bi-level, one-bedroom unit. The building has had many upgrades over the years while still proudly presenting its original charm with the preserved decorative moldings seen on the exterior. The total annual rental income amounts to $95, 280.00, with a net operating income of $72, 799.60. There's opportunity for value enhancement by introducing laundry facilities, potentially using the existing hook-ups in the basement, and following a financial pro-forma, $115, 200.00, based on market rents. Three of the units have been turned and are nicely updated and though the other three units are clean and well-kept, there is still room to add value by making some cosmetic improvements. The property has two paved driveways, providing ample parking. Its convenient location is walking distance to downtown and access to interstates 293 and 93 is only minutes away. Easy to rent with heat being included! New roof! COC is good through 3/28/2026. Don't let this investment opportunity pass you by! Showings by private appointment.
MLS® Number4966175
Laundry Level
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageNo
Approx. Age1910
BasementConcrete Floor, Dirt Floor, Exterior Entry, Interior Entry, Unfinished
DrivewayOff Street, On Site, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Sep 28, 2023End Date
$900,000Sold Price

Sold

Aug 18, 2023List Date
$939,900List Price
  • Commute

Commute

Starting Address
Destination Address
604 Beech St, Manchester, NH

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