336 Kelley St, Manchester, NH 03102

$1,250,000
13,704
SqFt

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Listing courtesy of Pierre J Peloquin from Pierre Peloquin Realty. ()

List Price
$1,250,000
Status
ACTIVE
MLS#
5117226
Subtype
Residential Income
Style
Apartment, Detached, Garden Home
Year Built
1892
Living Area
13,704
Lot Size
7,405
Acres
0.17

Property Description

A Manchester LANDMARK!! Highly visible West Side 8-Unit Investment featuring 2 Commercial units and 6 ENORMOUS Attractive 4+ Room 2-Bedroom units with full tile baths. Long standing successful 1st level Laundromat (on lease to 2040) along with successful "Estate Sale" vendor on 2nd level (TAW). Six Identical TEXAS SIZED 4 Room 2-Bedroom, apartments, applianced kitchens w/dishwashers, pantry's (some with individual wet bars) lots of windows for plenty of natural sunlight. Apartments come with Heat/Hot water included by UPDATED Natural GAS FHA system (6 zones). Paved rear parking for 6 vehicles. This INCREDIBLE Asset was renovated many years ago with features WAAAY before its time. Current caring owner has intentionally kept rents below market as current Income is $116,360.00 Annually with $32,582.00 expenses (includes taxes). NET $83,778.00. Market rents indicate projected Gross of $145,440.00 @ $1,695.00/mo. for the 6 residential units. We've managed this TROPHY quality Investment for close to a decade. Group showings begin Tuesday Nov. 10 at 12:00 noon by scheduled appointment. Call for details.

Additional Information

Exterior Features
Deck, Porch, Covered Porch
Taxes
$13,461
Property Description
Apartment, Detached, Garden Home
Zoning
Residential
Flooring
Carpet, Laminate, Vinyl
Appliances
Natural Gas Water Heater
Heating
Forced Air, Hot Air, Ceiling
Air Conditioning
None
Levels
4+
Roof
Membrane
Foundation
Concrete, Granite
Parking Features
Driveway, On Site

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