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Home For Sale New Hampshire Manchester 3736
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Apartment Building For Sale By Owner

Manchester North End 8 Unit Apartment Building - Best part of town




60-62 Appleton St, Manchester, New Hampshire 03001 United States
Description

The Appleton Street Apartments are located at 62 Appleton Street, Manchester NH is comprised of 8 units (3-three bedroom, 3-two bedroom, 2-one bedroom) units totaling 7240 rentable square feet in a three story building built in 1957. Situated on a .71 acre site, there are 14 off street parking spaces. There is a pay laundry mat on property for extra income and tenant convenience. There is very little vacancy as units in the area are in high demand. The property sits in the middle of a residential area just outside of downtown Manchester, in a place known as the “North End”, said to be the best part of Manchester NH. Majority of tenants pay their heat. City trash, no cost to owner.

Price: $927,000.00
Property Sub-Type: Apartment Building
Cap Rate: 10.54 %
Gross Rent Multplier: 8.07
Total Building Size: 7240 SF
Total Lot Size : .71 Acres
Year Built : 1957
No of Stories: 3
No of Parking Stalls: 14
Occupancy: 100 %
Listing ID: 3736

Map of: 60-62 Appleton St, Manchester, New Hampshire 03001 United States

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