145 Parker Street Manchester NH Multi Family For Sale $500000

List Price: $500,000 | $225 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Mar 6, 2025 | MLS# 5031283

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Address: 145 Parker Street Manchester NH
Listed by Kyle Cavanaugh Kara and Co - Real Broker NH,LLC
Description:
This fully occupied two-family property at 145 Parker Street in Manchester, NH, offers a strong investment opportunity with recent updates. The first-floor unit is a two-bedroom apartment with gas forced hot air heating, while the second and third floors comprise a three-bedroom townhouse-style unit with a stand-alone gas forced air heating system. The second-floor unit features two bedrooms on the main floor, with an additional bedroom in the finished attic space. Recent improvements include newer Harvey windows, decks, heating systems, electrical panels, plumbing, and a roof. Additionally, new electric water heaters were installed in 2023. Both units feature updated kitchens and bathrooms with tile. Tenants are responsible for their own utilities, including electricity, heat, internet, and TV service. Each unit has its own washer and dryer hookups. Conveniently located near highways, schools, shopping, and dining, this property provides a solid rental income opportunity.

Annual Expenses

Taxes: $5,871

Income
Gross Income | $54,600
NetIncome | $47,850

Appliances : Water Heater � Electric

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 892
Tenant Pays : Electric,Heat,Hot Water,Internet Service,TV Service
Rent : 2250.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Sq.Ft.: 1332
Style : Town house
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 2300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Exterior Features:
Porch
Exterior Color: Tan
Roof: Shingle - Asphalt
Garage And Parking: Parking Spaces 2
Seasonal: No

Heating: Natural Gas | Forced Air | Individual
Cooling: None
Electric: 100 Amp
Utilities: Cable | Gas - At Street
Electric Meters: 2
Gas_Meters: 2
Water: Public
Sewer: Public

Land Information
Curbing | Level | Sidewalks | Neighborhood
Lot size: 0.07 acres
Zoned: R2)
Surveyed: Unk
Flood Zone: No
Driveway: Paved

Additional Information
Block - 0029
Taxes $5,871
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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