Courtesy Of Nancy Philbrick Of Paul Blais Realty

384 Hanover St

Manchester, NH 03104 View Map $440,000 Schedule a Tour
Baths33/4
Sq.Ft.3,328
Year1920
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Status: Pending
Listing Office:Paul Blais Realty
Property Type:Multi-Family
MLS #:4854629
Sq. Feet:3,328
On Site:16 Days
Lot Size:8,276 Sq. Ft.
County:Hillsborough
Showings begin 4/9/21 on this gracious four unit, neat and clean, with good bones, super easy yard care, and has been meticulously maintained. Potential future additional income from seven rear garages, six of which have automatic doors. Current tenants use four garages, three are empty, but only one is included in a lease. Rear unit second floor enjoys a private porch. Deduct meter in place for outside water use. Seller has recently requested permit to add parking on side lawn and has quotes on job. COC was just updated. Cash laundry in basement is another income bonus. Separate heating and electric services for all units. Current rents are far below market and only one tenant has a lease, which ends 7/19/2021. Each unit conveys with a cooking range and refrigerator, one unit sports a dishwasher. Owner pays for one common water heater/natural gas, as part of building expenses. Two of the heating systems are in the attic. Rents are paid weekly but shown as monthly totals on multi-family property disclosure. Furnaces - (3) installed 2003- Boiler - (1) installed 2011; Water heater - 75gal 2013; Elec panels - 5 @ 100amp/brkrs. Attic insulation - loads of blown in fiberglass >10' Wall insulation - blown in.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:384 Hanover St Manchester, NH 03104
County:Hillsborough
City:Manchester
Zip Code:03104

School Information

School System:Manchester Sch Dst SAU #37
High School:Manchester Central High Sch
Middle School:Hillside Middle School
Elementary School:McDonough School

Architecture

Bathrooms: 3 Three-Quarter
Year Built:1920
Stories:2
Style:Apartment Building
Construction: Wood Frame
Exterior: Wood
Total Heat Units: 4
Unit 1: 1 bed, 1, bath, level !st floor, style Garden. Rent: $838 (paidMonthly). Status: Leased
Unit 2: 1 bed, 1, bath, level 1- rear, style Studio. Rent: $752 (paidMonthly). Status: Month to Month
Unit 3: 1 bed, 1, bath, level 2nd front, style Garden With First Floor Foyer. Rent: $838 (paidMonthly). Status: Month to Month
Unit 4: 1 bed, 1, bath, level 2nd rear, style Garden With Private Porch. Rent: $74 (paid2nd rear). Status: Month to Month
Roof: Shingle - Asphalt, Slate
Foundation: Brick, Stone
Basement: Bulkhead, Concrete Floor, Full, Stairs - Interior, Unfinished
Garage: Detached
Garage Features: Auto Open
Garage Capacity: 7

Features / Amenities

Parking: Garage
Heating: Hot Air, Hot Water
Heat Fuel: Gas - Natural
Water Heater: Gas - Natural

Square Footage

Finished Sq. Ft. Unfinished Sq. Ft.
Above Grade 3328 1664
Below Grade 0 1664
Non-Conforming 0 0
Total 3328 3328

Property Features

Lot Size: 0.19 Acres / 8,276 Sq. Ft.
Lot Description: Level, Sidewalks
Area Description: In Town, Near Hospital, Near Public Transportatn, Near Shopping
Lot: 0012
Utilities: Cable - Available, Gas - At Street, Internet - Cable
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Trash: Municipal
Roads: Public
Zoning:RES
Directions:HANOVER ST WEST- PROPERTY ON RIGHT LINCOLN ST NORTH TO RIGHT ON HANOVER, PROPERTY ON LEFT

Tax and Financial Info

Tax - Gross Amount: $6,355
Tax Year: 2020
Gross Income: $38,016
Net Income: $28,383
Operating Expense: $9,633

Schools

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384 Hanover St Manchester, NH 03104
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384 Hanover St Manchester, NH 03104
 
ASAP
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24
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