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425 Spruce Street, Manchester, NH 03103

Multi-Family

$159,700
Price
$155,000
Sale Price

2
Total Units
This centrally located, two-family investment property is only blocks away from parks, restaurants, and Elliot Hospital. Featuring 2 two-bedroom units both with long-term tenants, this property has a lot of value-add potential if rents were raised. This property has been professionally managed and maintained over the last few years with many new upgrades including a newer roof, newer vinyl siding, installation of a vapor barrier with crushed stone in the basement, and much more! All utilities are paid for by their respective tenants, with on-street parking available, and being on a small lot, there's almost no snow or yard maintenance for you to take care of! Come check out this turn-key investment property today.
Highlights
Property Type: Multi-Family
Price - Closed: 155,000
Total 2 BR Units: 2
Total Units: 2
Foreclosed/Bank-Owned/REO: No
MLS #: 4692824
List Agent: Matthew Lefebvre
List Office: Elm Grove Realty
Price - List: $159,700
Listing Status: Closed
Basement: Yes
Zoning: R3
Year Built: 1900
SqFt-Apx Total: 2,640
SqFt-Apx Total Finished: 1,760
Separate Utilities: Yes
Total Stories: 2
Seasonal: No
Style: Duplex
 
 
Interior
SqFt-Apx Unfn AG Source: Municipal
SqFt-Apx Unfn BG Source: Municipal
Basement Access Type: Interior
Total Full Baths: 2
Total Heat Units: 2
SqFt-Apx Fin AG Source: Municipal
SqFt-Apx Fin BG Source: Municipal
Total Ranges: 2
Total Refrigerators: 2
Total Water Heaters: 2
SqFt-Apx Unfn Below Grade: 880
SqFt-Apx Fin Above Grade: 1,760.00
Cooling: None
Foundation: Fieldstone
Heat Fuel: Gas - Natural
Heating: Steam
Water: Public
Water Heater: Gas - Natural
Exterior
Lot - Sqft: 1,742
Lot - Acres: 0.04
Garage: No
Easements: Unknown
Flood Zone: No
Block: 0001
Lot: 0000
Total Gas Meters: 2
Total Electric Meters: 2
Pre-Construction: No
Road Frontage: TBD
Construction Status: Existing
Construction: Wood Frame
Driveway: None
Exterior: Vinyl Siding
Lot Description: City Lot
Parking: On Street
Roof: Shingle - Asphalt
Sewer: Public
Taxes
Deed - Book: 8538
Deed - Page: 814
Map: 0095
Assessment Year: 2017
Assessment Amount: $155,600
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 3,629.00
Expenses
Expenses - Heat: 177
Expenses - Insurance: 677
Gross Income: 17,700
Expenses - Taxes: 3,629
Net Income: 12,526.00
Expenses - Water: 691
Additional
Covenants: Unknown
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 4 800 1 2 Annual 1 Yes 775.00
Unit 2 4 800 1 2 2 Yes 700.00
Map
The listing office is Elm Grove Realty and listing agent is Matthew Lefebvre. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2018 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 9/25/2018 11:24:00 AM.
 
Ahmed Tahoun
Ahmed Tahoun
Broker
Advanced Team Realty, LLC


Advanced Team Realty, LLC   Ahmed Tahoun, Broker
Advanced Team Realty, LLC
1361 Elm Street Suit 302 • Manchester, NH 03103 Map it
Direct: 603-622-1330 • Cell: 603-674-6888 
Fax: 603-622-1244 
atahoun@advancedteamrealty.com

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