160 AMORY Street, Manchester, NH
Residential Income
Listed by BHHS Verani Londonderry · Joan E Blais
Property Description
Superb westside location! 8-units: (2) 3-bedrm apts, 1 is brand new, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat, hot water. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units, mostly remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for salon, restaurant, commercial kitchen, ethnic or variety shop, offices, or any type business. Brick and aluminum siding. (6 Commercial present units are laundromat, pasta- catering/bakery, church, Karate/gym,plus 2 available). A good investment! 7+% Cap rate on $106+K net. Lots of value add! Nice open area near St Mary's Church.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- SqFt:12,208
- Price / SqFt:$110.58
- Property Type:Residential Income
- Year Built:1880
- County:NH-Hillsborough
- Town:Manchester, NH
- Status:Active
- Days on Market:171
Primary Features
Interior Features
Location Information
Financial Details
Additional
External Features
Property History
Price, listing activity & annual taxes for this property
No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Manchester287
- Average list price$334,471
- Price range$1,650 – $799,000
- Market sentimentBuyer's Market
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- Principal & Interest$6,826
- Property Tax$1,913
- Home Insurance$281
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 287 active · 0 sold in Manchester (last 90 days)
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