Listing courtesy of Joan Blais, BHHS Verani Londonderry joan.blais@verani.com
160 AMORY Street, Manchester, NH, 03102
10 rooms
6 beds
2 Full baths
1880
Garden
12,208 sqft
Superb westside location! Brick 8-units: (2) 3-bedrm apts, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric & own hot water;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units,1 just remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for restaurant, smoke shop, office or any business. Brick and aluminum siding. (6 Commercial units are laundromat, pizza/bakery, church, Karate/gym, 2 vacants). A good investment! 6.9% Cap rate on $103K net.
Status:
Active
Type:
Multi-family
Units:
8
Zoning:
comm
Frontage:
100
Heating:
Natural Gas
Cooling:
Wall AC Units
Basement:
Partially Finished
Parking:
On Street
Acreage:
0.25
Est. Taxes:
$16,150
Lot Description:
Neighbor Business
High School:
Manchester West High School
School District:
Manchester Sch Dst SAU #37
MLS #:
5074487