List Price: $800,000 | $182 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 2 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Under Contract Date Listed Friday Oct 11, 2024 | MLS# 5018372



Address: 272 Front Street Manchester NH
Listed by Fine Homes Group International Keller Williams Realty-Metropolitan
Description:
MULTI-FAMILY HOME CLOSE TO EVERYTHING...CLEVER INVESTORS TAKE NOTE! This centrally located five unit property is ready for an owner-occupant or those looking to generate passive real estate income. Minutes to the highway taking you easily to Boston, the seacoast or lakes regions with shopping, restaurants, parks and green spaces just out your door this gem is a short stroll to vibrant downtown Manchester and the scenic Merrimack River. Two stories of gracious covered porches framed with white railings and ornamental supports add to the curb appeal of this historic home. The center entrance leads to a grand staircase and welcoming hallway. Five light and bright apartments span three levels and each feature a different floor plan for true versatility for your renters and boast comfortable, sun-filled rooms accented with updated hard surface flooring. High ceilings give a large sense of space, bay windows and substantial moldings add to the charm. Unique kitchens feature granite, butcher block and solid surfaces and vintage cabinetry. The bonus of laundry facilities on the first floor is a highly desirable perk. A large driveway leads to plentiful parking spaces for renters behind the home for ease of living. Many systems and features have been recently updated and refreshed, making this a superb opportunity for the right buyer. WITH FABULOUS INCOME POTENTIAL IN AN ULTRA-CONVENIENT LOCATION...IT'S AN INVESTMENT YOUR TENANTS AND WALLET WILL LOVE! Operating Expenses : Other
Annual Expenses

Taxes: $9,413
Income
Gross Income | $88,796

Construction: Wood Frame | Vinyl Siding
Year Built: 1890
Style: New Englander
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6400
Above Grade Sq.Ft.: 4400
Basement: Unfinished
Foundation: Granite
Roof: Rolled | Shingle - Asphalt
Garage And Parking: Off-Site | On-Site | Parking Spaces 5 - 10
Seasonal: No
Heating: Natural Gas | Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Near Shopping | Near Public Transportatn
Lot size: 0.24 acres
Zoned: Commercial)
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Driveway: Paved
Additional Information
Block - 13
Taxes $9,413
Assesed Value Not Reported
Schools

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