Multi-Family for Sale: 227, 237, 509 Amory & Beech Street, Manchester, NH 03102 SOLD

14,536 sqft
$2,650,000
$2,650,000
227, 237, 509 Amory & Beech Street, Manchester, NH 03102 SOLD
14,536 sqft
$2,650,000
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Selling Price: $2,650,000
Original List Price: $2,875,000
Sold at 92.2% of list price
Sold Date: 08/13/2024

Type Multi-Family
Style Apartment Building
Square Feet 14,536 sqft
Lot Size 0.29 acres
Year Built 1910

City Manchester
County Hillsborough

MLS 4998996
Status Closed
DOM 14 days
The Portfolio consists of 3 multifamily buildings located at 227 (MLD ID: 4999463), 237 Amory Street (MLS ID: 4999464) and 509 Beech Street (MLS ID: 4999465). 227 Amory Street consists of a 3-story multi-family building and contains 6 residential units comprised of (5) 2-Bedroom units and (1) 1-Bedroom unit. The building is separately metered for utilities and the Tenants pay for electricity and gas fired heat and hot water (excluding units 1L & 2L). The Landlord is responsible for gas fired hot water for units 1L & 2L and domestic water and sewer. 237 Amory Street consists of a 3-story multi-family building and contains 6 residential units comprised of (2) 1-Bedroom and (4) 2-Bedroom units. The Tenants pay for electricity and gas fired heat, while the Landlord is responsible for common electric, gas fired hot water, and domestic water and sewer. 509 Beech Street consists of a 3-story multi-family building and contains (6) residential units comprised of (3) 1-Bedroom and (3) 2-Bedroom units. 509 Beech also features six on-site parking spaces. The Tenants pay for electricity and electric heat, while the Landlord is responsible for common electric, gas fired hot water and domestic water and sewer. The unit matrix offers an attractive mix of 1-Bedroom and 2-Bedroom apartments, and the below market rents offer the potential for increased income on the Property. The opportunity exists to drive rental rates through programmatic upgrades to the remaining unrenovated unit interiors.

Lot & Building Features

Utilities Other
Construction Clapboard Exterior, Shingle Siding
Cooling None
Heat Source Electric, Gas - Natural
Heating Electric, Gas Heater
Sewer Public
Tax Year 2023
Water Public
Basement Description Unfinished
Foundation Other
Lot Description Corner
Roof Membrane
Garage No

Price History of 227, 237, 509 Amory & Beech Street

Date Name Price Difference
06/05/2024 Listing Price $2,650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 227, 237, 509 Amory & Beech Street, Manchester, NH

Location Map Street View
Photo of Judy Sepanski
Judy Sepanski
Realtor
Direct: 603-770-6040
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Horvath & Tremblay LLC, William Peck
Sold by RE/MAX Synergy, Matthew-John Graves
$
20%
1%
6.75%
$
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Principal & Interest
Monthly Taxes
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PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Horvath & Tremblay LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/28/2024