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  • Listed by: REAL Broker NH, LLC • Breandan Garland
    Bought with: Realty One Group Next Level
    $540,000

    25 Parker Street, Manchester, NH 03102

    6beds
    2,496sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $611,100 Zestimate®
    $216/sqft
    $2,038 Estimated rent

    Home value

    $611,100

    $568,000 - $654,000

    $2,038/mo

    Zestimate® history
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    What's special

    Check out this awesome investment opportunity on the west side of Manchester! This well-kept 3-family property has (3) 2-bedroom, 1-bathroom units, all currently rented month-to-month. The tenants cover their own heat, electric, and hot water, making it super low-maintenance. Plus, there's a bonus walk-up attic space with endless possibilities! Whether you want to add a 4th unit (check with the city), give the 3rd unit more space, or use it for extra storage, there's a lot you can do here. The property brings in a solid gross income of $48,600 per year, with expenses at $9,159 per year, leaving a nice net income of $39,441 per year. Don't miss out on this fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income with plenty of room for upside! Act fast—this incredible deal won't last long! Showings begin by appointment on Wednesday 7/31/2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Breandan Garland,

    REAL Broker NH, LLC Cell:603-825-4916

    Bought with:

    Joshua Winn

    Realty One Group Next Level

    Source: PrimeMLS,MLS#: 5007241MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Gas Stove
    Cooling
    • None
    Features
    • Basement: Full,Interior Entry
    Interior area
    • Total structure area: 4,160
    • Total interior livable area: 2,496 sqft
    • Finished area above ground: 2,496
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: 3
    • Frontage length: Road frontage: 57
    Lot
    • Size: 6,534 Square Feet
    • Features: City Lot
    Details
    • Parcel number: MNCHM0378B000L0016
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Gas On-Site

    Community & HOA

    Location
    • Region: Manchester

    Financial & listing details

    • Price per square foot: $216/sqft
    • Tax assessed value: $311,400
    • Annual tax amount: $5,873
    • Date on market: 7/30/2024

    Price history

    DateEventPrice
    9/25/2024Sold$540,000+4.9%$216/sqft
    Source: PrimeMLS #5007241 Report a problem
    8/9/2024Contingent$515,000$206/sqft
    Source: PrimeMLS #5007241 Report a problem
    7/30/2024Listed for sale$515,000+115.5%$206/sqft
    Source: PrimeMLS #5007241 Report a problem
    5/17/2019Sold$239,000+1.7%$96/sqft
    Source: PrimeMLS #4740909 Report a problem
    3/19/2019Listed for sale$234,900+4.9%$94/sqft
    Source: Pierre Peloquin Realty #4740909 Report a problem
    1/30/2017Sold$224,000+10.3%$90/sqft
    Source: Public Record Report a problem
    8/29/2013Sold$203,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,097 +3.8%$311,400
    2023$5,873 +3.4%$311,400
    2022$5,680 +3.2%$311,400
    2021$5,506 +14.7%$311,400 +60%
    2020$4,799 +1.4%$194,600
    2019$4,733 +2.7%$194,600
    2018$4,608 +1.5%$194,600
    2017$4,538 +5.8%$194,600 +5%
    2016$4,290 +1.8%$185,400 +3.1%
    2015$4,215 -0.2%$179,800
    2014$4,225 +5.9%$179,800
    2012$3,988 $179,800
    Find assessor info on the county website

    Neighborhood: Piscataquog

    Nearby schools

    GreatSchools rating
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    $611,100
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    $623,322