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Browse More Listings in Multifamily For Sale, Manchester, NH or New Hampshire

Multifamily Property For Sale

3 family 3-bedroom apartment

274 Lowell St, Manchester, NH 03103

Price:
$275,000
No. Units:
3
Building Size:
3,042 SF
Price/Unit:
$91,666.67
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Additional Sub-types:
Garden/Low-Rise
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
5%
Occupancy:
95%
No. Stories:
3
Year Built:
1939
Lot Size:
3,153 SF
Tax ID / APN #:
0411//0024
Parking Ratio:
0.30 / 1,000 SF
Find Out More...

Last Verified 10/12/2009 Listing ID 14987904

Highlights

Priced Below Replacement Cost
Low Maintenance
Easy to Fill

Driveway for Parking

Description

This building is part of a 57 Unit Portfolio for sale for a total asking price of $4,249,000. We can sell the buildings individually or as a total package. This is For Sale By Owner.

This 3 family apartment with a driveway and a backyard. It has been deleaded in cooperation with the City of Manchester Building Department

This is close to Manchester City High School - Central. It is close to downtown and only 1 street over from Bridge St.

Financial Summary

Unit Mix Information

Actual
Year
2006
Scheduled Gross Income
$16,800
Effective Gross Income
$16,800
Taxes
$2,856
Insurance
$222
Other Expenses
$4,255
Total Expenses
$8,367
Net Operating Income
$8,433

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
1F	1	$900	1,000
2F	1	$860	1,000
3F	1	$800	1,000

Map of 274 Lowell St, Manchester, NH 03103 (Hillsborough County)

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Created 2/6/2007

Additional Information for 274 Lowell Street, Manchester, NH 03104

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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/Fourplex
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 3 family 3-bedroom apartment

274 Lowell St, Manchester, NH, 03103