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Manchester NH - MLS No. 2740222
Offered At: $1,275,000
119 Chestnut St., Manchester NH (GOOGLE MAP)

Listed by: Scott Reiff/Prudential Verani Realty-CSD

INVESTMENT- Hard to find mixed use investment w/approx. $167, 000 in rents & Cap Rate of close to 10. 7. 16 units w/2 additional income producing units in form of billboard & laundry. Has 11 residential units consisting of efficient 1 bedrooms & large over-sized 1 bedrooms. Commercial units have a nice mix of retail users & 1 long-standing diner.

Property Details

  • Year Built: 1910
  • Annual Expenses: 31613
  • Number of Bathrooms Per Unit: 1
  • Gross Income: 167000
  • Number of 1 Bedroom Units: 11
  • Insurance Expense: 5500
  • Maintenance Expenses: 3100
  • Misc. Expenses: 2256
  • Heat Expense: 3200
  • Living Area: 11248 SF
  • Utilities Expense: 2100
  • Water/Sewer Expense: 2256
  • Taxes: $13,625 for 2007
  • BASEMENT: Full
  • CONSTRUCTION: Wood Frame
  • DRIVEWAY: None
  • ELECTRIC: Other
  • EXTERIOR: Wood
  • FOUNDATION: Concrete
  • GARAGE/PARKING: On Street
  • HEATING/COOLING: Hot Air, Hot Water, Steam
  • HEAT FUEL: Gas-Natural
  • LOT DESCRIPTION: City Lot
  • NEIGHBORHOOD: Intown, Near Public Trans, Near Shopping
  • ROADS: Paved, Public
  • ROOF: Tar and Gravel
  • SEWER: Public
  • SHOWING INSTRUCTIONS: Call List Broker
  • STYLE: Other
  • WATER: Public
  • WATER HEATER: Gas-Natural

Payment/Interior Details

  • Style Of Unit 1: Commer
  • Rent Amount for Unit #1: 2100
  • Style Of Unit 2: Commer
  • Style Of Unit 3: Reside
  • Style Of Unit 4: Reside
  • Rent Amount for Unit #2: 940
  • Rent Amount for Unit #3: 720
  • Rent Amount for Unit #4: 650
  • Rooms Unit: 10, 4, 4, 4

Exterior Property Details

  • Lot Size (Acreage): 0.13 Acres
  • Public Records: Book #6236

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Broker Reciprocity NNEREN

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