Waterfront
Listing Provided Courtesy Of:
Andrew Kieffer with BHHS Verani Bedford.
Address
159 S Main Street Manchester, NH
Price
$ 249,900
Property Attributes
  • MLS#4845859
  • TypePending
  • CountyHILLSBOROUGH
  • CityManchester
  • AreaHillsborough
  • Zip03102
  • StyleBusiness,Multi-Family,Office,Retail
  • Year Built1930
  • Taxes7940
  • Price$ 249,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4471
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Andrew Kieffer with BHHS Verani Bedford.
Data Source:
New England Real Estate Network
Property Description

Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and an open concept floorplan with large deck overlooking the river. Extra $400/month income from billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected income or $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.

Price History
2/1/2021 Listed $295,000
3/9/2021 16% - $249,900

General Features

Construction Wood Frame
Cooling None
Electric Circuit Breaker(s)
Flood Zone Yes
Heating Hot Air, Hot Water
Listing Area NH-Hillsborough
Net Income 30222
Parking Driveway, Garage, Off Street, On-Site, On Street, Parking Spaces 2
Price Per Sq Ft 55.89
Road Frontage Yes
Roof Membrane, Metal, Shingle - Asphalt
Sewer Public
Status Under Contract
Tax Year 2020
Type Commercial Sale
Utilities Cable - Available
Water Public
Year Built 1930
Zoning B2

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Dirt Floor, Unfinished
Gas - Natural Available Yes
Heating Fuel Gas - Natural
Total Number of Units 3

Exterior Features

Exterior Vinyl Siding
Foundation Pier/Column, Stone
Lot Description River Frontage
Lot Size Area 0.11
Road Frontage Length 160

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 03102

Statistics provided by Inside Real Estate

Price
AVG $280K
$250K
Taxes
AVG $4,993
$7,940
Visits
AVG 20
40
Year Built
AVG 1963
1930
Walkscore
AVG 56
71
Data Provided by Walkscore ® not using MLS data

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