715 Massabesic Street Manchester NH Multi Family For Sale $495000

List Price: $495,000 | $167 per sq.ft. Multi Family
Price Change! Reduced by $50,000 down 10% on October 17th 2024
A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Friday Sep 20, 2024 | MLS# 5015252

To see this Listing

call
603-643-3942

VIEW / SEND WISHLIST

Address: 715 Massabesic Street Manchester NH
Listed by Michael Power Power Real Estate
Description:
Excellent for Investors, Business Owners, and Owner-Occupied. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. Buyer must apply for Certificate of Compliance. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Street-both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.

Annual Expenses

Taxes: $6,250

Income

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 1008
Level: 2
Info : Heat - Oil,Porch
Signed Lease : No
Status : Vacant

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 8
Sq.Ft.: 1950
Level: 2
Style : Large 2-level
Info : Den,Heat - Natural Gas,Laundry Hookup,Porch
Signed Lease : No
Status : Vacant

Exterior Features:
Porch - Covered
Exterior Color: beige/yel
Roof: Shingle - Asphalt
Garage And Parking: Driveway | Off Street | On-Site | Paved
Seasonal: No

Additional Information
Docs Available : Deed | Survey
Easement - Yes
ROW Length: 50
ROW Width: 30
Row For Other Parcel: N
Block - Hallsvil
Taxes $6,250
Assesed Value Not Reported

Schools
School District: Manchester Sch Dst SAU #37
Elementary School: Jewett School
Middle School: Southside Middle School
High School: Manchester Memorial High Sch

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

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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 November 22nd, 2024

Licensed Real Estate Broker in NH and VT read more ...

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.