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305-309 Cedar Street

Manchester, NH 03103
Square Ft.
7,356
$1,725,000
Excellent 9-unit multifamily investment opportunity in Manchester consisting entirely of spacious 2- and 3-bedroom apartments. The property generates strong rental income, with current rents averaging approximately $1,900/month for 2-bedroom units and $2,500/month for 3-bedroom units. Several units have recently been turned with modest updates, providing a clean, attractive product while… Read MoreRead Less
Courtesy of Nick Gray, Gray Property Group, LLC 603-637-4812
Listing Snapshot - source: Home Junction
Days Online
65
Last Updated
Square Ft.
7,356
Lot Size
0.11 Acres
Year Built
1910
MLS Number
5105141
30 Days Snapshot - source: Home Junction
30 Days Snapshot Of 03103
$427k
+2%
(avg) sold price
29
-6%
homes sold
12
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Walk-up, Basement: Yes, Unfinished
Cooling
None
Garage
Garage: No
Heating
Natural Gas
Income
Gross Income: 221410, Net Income: 149241
Lot
0.11 acres, 4,792 sqft, Lot: 0012
Parking
Driveway: Paved
Property
Seasonal: No, 7,356 finished sqft above grade, 7,356 total finished sqft, 10,458 total sqft, 650 unfinished sqft above grade, 2,452 unfinished sqft below grade, 6 two-bedroom units, 3 three-bedroom units, 3 stories, 9 units, Built in 1910
Roof
Flat, Tar and Gravel
Sewer
Public
Taxes
Gross Amount: $16,692
Utilities
Electric Company: Eversource, Separate Utilities: Varies, Total Electric Meters: 10, Total Gas Meters: 1, 100 Amp Service
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Mortgage Calculator - Source: AgentFire
Monthly Payment
$0
Alex Dumas
Agent
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Schools In The Area

Check out nearby schools with ratings and contact info - source: Home Junction
Beech Street Community Elementary School 603-624-6314 Public KG-4
Henry J. Mclaughlin JR. Middle School 603-628-6247 Public 5-8
Manchester Central High School 603-624-6363 Public 9-12
Beech Street Community Elementary School 603-624-6314 Public KG-4
Henry J. Mclaughlin JR. Middle School 603-628-6247 Public 5-8
Beech Street Community Elementary School 603-624-6314 Public KG-4
Henry J. Mclaughlin JR. Middle School 603-628-6247 Public 5-8
Manchester Central High School 603-624-6363 Public 9-12

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