$728,000
$750,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
197 Wilson Manchester, NH 03103
19 Beds
10 Baths
11,916 SqFt
Key Details
Sold Price $728,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 11,916 sqft
Price per Sqft $61
MLS Listing ID 72434155
Sold Date 04/22/19
Bedrooms 19
Full Baths 10
Year Built 1890
Annual Tax Amount $14,208
Tax Year 2017
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Solid 10 unit building, 6 large 3 bedroom apartments, a 2 bedroom apartment and 3 street level stores. Stabilized tenancies and strong cash flows make for a good investment. The building has some character with unpainted stained period style woodwork, wainscoting and high ceilings. Cash flow is nice with solid 9% cap rate, 23% if self managed when fully occupied. This building may be available as part of a portfolio with other buildings for a package deal.
Location
State NH
County Hillsborough
Zoning R3
Direction Northwest Corner of Harvard and Wilson
Rooms
Basement Full, Unfinished
Interior
Appliance Tank Water Heater
Exterior
Community Features Public Transportation, Park, Public School
Garage No
Building
Lot Description Level
Story 9
Foundation Granite
Sewer Public Sewer
Water Public
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Bought with Non Member • Non Member Office