Multi-Family for Sale: 390 Cedar Street, Manchester, NH 03103

10 beds
4 full baths
4,303 sqft
$659,000
$659,000
390 Cedar Street, Manchester, NH 03103
10 beds
4 full baths
4,303 sqft
$659,000
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Price:
$659,000
$40,000 - 04/29/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Multi-Family
Beds 10
Total Baths 4 full baths
Square Feet 4,303 sqft
Lot Size 0.12 acres
Year Built 1900
Taxes Paid $7,748
City Manchester
County Hillsborough
School District Manchester School District
MLS 4991450
Status Active Under Contract
DOM 17 days
Huge price reduction just taken. Don't miss your opportunity to take the first step towards wealth accumulation by investing in this remarkable multi-family property today! This exceptional fully leased 3-unit multi-family property presents an excellent opportunity to expand your portfolio and reap substantial returns. With a remarkable gross income exceeding $72,000 last year, this property offers the potential to be the cornerstone of your real estate portfolio. Recent upgrades include a brand-new roof and state-of-the-art solar panels. Not only do these enhancements bolster the property's structural integrity and curb appeal, but they also pave the way for increased profitability by significantly reducing energy costs. Rarely found in multi-family properties, this gem offers the luxury of 7 off-street parking spaces. This invaluable feature not only adds convenience for tenants but also enhances the property's desirability and value. Each of the 3 levels boasts individual utility setups, ensuring seamless management and offering tenants the flexibility to control their own usage. Each unit offers the convenience of washer/dryer hook-ups. Tenants will appreciate the added comfort and convenience. Do not delay in checking this property out! Open House Wednesday 5/1 @ 2 pm.

Lot & Building Features

Utilities Other
Construction Asbestos Exterior
Cooling None
Heat Source Electric, Gas - Natural
Heating Electric, Gas Heater
Parking Description Driveway, Parking Spaces 6+, Off Street
Sewer Public
Tax Year 2023
Taxes Paid $7,748
Water Public
Basement Description Stairs - Interior, Unfinished
Foundation Granite
Lot Description City Lot, Level, Corner
Roof Shingle - Architectural
Garage No

Unit Features

Unit 1 Apx Sqft 1578
Unit 1 Baths 2
Unit 1 Bedrooms 3
Unit 1 Info Heat - Natural Gas, Refrigerator, Range - Gas, Laundry Hookup
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1575.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 6
Unit 1 Status Leased
Unit 1 Style garden
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Apx Sqft 1578
Unit 2 Baths 1
Unit 2 Bedrooms 5
Unit 2 Info Dryer, Washer, Refrigerator, Range - Electric, Laundry Hookup, Heat Included, Heat - Natural Gas
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rental Amount 3000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 8
Unit 2 Status Month to Month
Unit 2 Style garden/boarding
Unit 3 Apx Sqft 1148
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Dishwasher, Washer, Refrigerator, Range - Gas, Laundry Hookup, Dryer
Unit 3 Lease Term Annual
Unit 3 Level Number 3
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1425.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Status Leased
Unit 3 Style garden
Unit 3 Tenant Pays Electric, Hot Water, Heat

Price History of 390 Cedar Street, Manchester, NH

Date Name Price Difference
04/29/2024 Price Adjustment $659,000 5.72%
04/16/2024 Listing Price $699,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 390 Cedar Street, Manchester, NH

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Photo of Bud Staples
Bud Staples
Realtor
Direct: 603-395-5300
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Keller Williams Realty Metro-Londonderry, Cheryl Grant
$
20%
1.1757207890744%
6.75%
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390 Cedar Street (MLS #4991450) is a multi-family listing located in Manchester, NH. This multi-family listing is 4,303 sqft and on a lot of 5,227 sqft (or 0.12 acres) with 10 bedrooms, 4 baths and is 124 years old. This property was listed on 04/16/2024 and has been priced for sale at $659,000.

Nearby zip codes are 03101, 03102, 03104, 03106 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

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Listing information courtesy of: Keller Williams Realty Metro-Londonderry

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 07/04/2024