715 Massabesic Street Manchester, NH

$465,000
Beds 5
Baths 1
Square Footage 2,958
Acres 0.21
Photo of 715 Massabesic Street Manchester NH 03103




Description

Excellent for Investors, Business Owners, and Owner-Occupied. Renovation required. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. New Certificate of Compliance issued December 2024. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Street–both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.


Listed by Power Real Estate, Michael Power

Details

MLS 5015252
Price $465,000
Status Active
DOM 84 days
Type Multi-Family
Style Multi-Family
Beds 5
Total Baths 1 full baths
Square Feet 2,958 sqft
Lot Size 0.21 acres
Year Built 1890
Taxes Paid $6,250

Lot & Building Features

Utilities Cable - Available, Telephone Available, Satellite
Construction Vinyl Exterior, Wood Frame
Cooling None
Heating Natural Gas, Steam, Radiator, Oil
Parking Description Driveway, Paved, On-Site, Off Street
Sewer Public
Tax Year 2023
Taxes Paid $6,250
Water Public
Basement Description Concrete Floor, Unfinished, Interior Access, Exterior Access, Dirt Floor
Foundation Brick, Fieldstone, Concrete
Lot Description Corner, Sidewalks, Neighborhood, Near Shopping, Near Public Transportatn, Near Paths, Near Hospital, Near Golf Course, Near Country Club, Curbing
Roof Shingle - Asphalt
Features Exterior Porch - Covered
Garage No

Unit Features

Unit 1 Apx Sqft 1008
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Heat - Oil, Porch
Unit 1 Level Number 2
Unit 1 Rental Agreement No
Unit 1 Rooms 4
Unit 1 Status Vacant
Unit 1 Style Attached 2-Level
Unit 2 Apx Sqft 1950
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Den, Porch, Laundry Hookup, Heat - Natural Gas
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 8
Unit 2 Status Vacant
Unit 2 Style Large 2-level

Schools

Elementary School Jewett School
Junior High School Southside Middle School
Senior High School Manchester Memorial High Sch

Multi-Family Home for Sale: 715 Massabesic Street, Manchester, NH 03103

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Financing

$
20%
1.3440860215054%
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.