393 Dubuque Street Manchester, NH SOLD
$610,000
Beds 9
Square Footage 2,880
Acres 0.12
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Sold By
William Peck, Horvath & Tremblay LLCDescription
393 Dubuque Street is a three-story multi-family building and contains three (3), 3-Bedroom/1-Bathroom residential units. The Property is well located on the west side of Manchester and provides many walkable amenities (shopping, dining, and entertainment) and convenient access to area colleges and universities, SNHU Arena, several downtown parks, the banks of the Merrimack River, and area highways. The Property offers an opportunity to acquire an investment property in a supply-constrained downtown market within one of southern New Hampshire’s core cities. Each unit is separately metered for electricity, gas fired heat, and gas fired hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer. The below market rents offer the potential for increased income on the Property. The opportunity exists to drive rental rates in an urban-infill, high demand/supply-constrained residential market through programmatic upgrades to the unit interiors.
Listed by Horvath & Tremblay LLC, William Peck
Sold by Horvath & Tremblay LLC, William Peck
Details
MLS 5017591
Price $610,000
Status Closed
DOM 51 days
Type Multi-Family
Style Apartment Building
Beds 9
Square Feet 2,880 sqft
Lot Size 0.12 acres
Year Built 1901
Lot & Building Features
Utilities Other
Construction Vinyl Siding
Cooling Other
Heating Gas Heater, Natural Gas
Sewer Public
Water Public
Basement Description Full
Foundation Other
Lot Description Other
Roof Flat, Membrane
Garage No
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1910.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1764.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Annual
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1889.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Hot Water, Heat
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.