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30 Main Pittsfield NH 03263

Pittsfield, NH30 Main Street

Sale Price$2,800,000

Sold

MLS Number 4692940

  • Multifamily Multi-Family
  • Units 76
  • Square Feet 60,833

The Pittsfield Portfolio: A once-in-a-lifetime opportunity to acquire a large rental portfolio in Pittsfield, NH. This portfolio includes 76 units across 12 buildings with 74 apartments, one restaurant, and one office (currently used as the management office). Having been professionally managed over the duration of ownership, this portfolio has a strong cash flow, a steady rental history, and many upgraded buildings and units. There is a blend of studio, one-bedroom, two-bedroom, and three-bedroom apartments, providing for a balanced availability of apartments. With an aggressive pricing of less than $43,000 per unit, this portfolio is being offered at a strong 15.3% cap rate. Please see the marketing package for more information.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1358 Elm Manchester NH 03101

Manchester, NH1358 Elm Street

Sale Price$2,250,000

Sold

MLS Number 4732699

  • Multifamily Multi-Family
  • Units 27
  • Square Feet 25,276

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Ledgeview Commercial Partners, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

1279 Elm Manchester NH 03101

Manchester, NH1279 Elm Street

Sale Price$2,195,000

Sold

MLS Number 4737345

  • Multifamily Multi-Family
  • Units 29
  • Square Feet 19,981

With a premiere location on the corner of Elm Street and Orange Street, this 29 unit building is a unique investment opportunity. Comprised of 7 commercial units, 8 studio apartments, 11 one bedroom apartments, and 3 two bedroom apartments, this property has a solid mix of unit types and income sources. With the same ownership for 26 years, this building has HUGE value-add potential. Many units have not been renovated recently and have the potential for rents to be increased substantially. Additional cost-saving measures could be applied by separating utilities and cutting operating expenses substantially. Many major capital improvements have already been made to this building including installation of rubber membrane roofs, upgrading windows to vinyl replacement, renovation and buildout of several commercial units, and more. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Ledgeview Commercial Partners, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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307 Merrimack Manchester NH 03103
Sold

MLS Number 4692829

  • Multifamily Multi-Family
  • Units 21
  • Square Feet 17,641

The Allyson Apartments are now available for sale! This painstakingly renovated, Victorian-style apartment building is the crown jewel of any investment portfolio. This is a Manchester Historic Preservation Award Winning property for the numerous upgrades that were made; including the lengths the owner went through to preserve the original coloring and siding of the building, while still encapsulating it in a special lead barrier compound. This entire building has a lead-safe certificate but still looks as impressive as the day it was built! Ornate decorations are scattered throughout adding to the old-world charm. Not only is this building beautiful, it also provides impressive cash-flow and most large capital expenditures taken care of over the duration of ownership. Professionally managed and maintained, this 21 unit investment portfolio features 18 two-bedroom apartments in the main building, and 1 one-bedroom apartment, 1 two-bedroom apartment, and 1 three-bedroom apartment in the additional 411 Maple Street (sold as part of the package). Between both parcels, this portfolio features 21 apartments, 30 off-street parking spaces, coin-operated laundry, and boasts a 9% cap rate. Look no further than The Allyson Apartments for a turnkey investment portfolio with some room to continue to add value. Buildings included in sale: 307 Merrimack Street & 411 Maple Street.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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499 Beech Manchester NH 03104

Manchester, NH499 Beech Street

Sale Price$1,012,500

Sold

MLS Number 4762502

  • Multifamily Multi-Family
  • Units 16
  • Square Feet 6,638

This investment property is a turnkey, 16 unit building in the heart of Manchester. Comprised of twelve studio apartments, two studio deluxe apartments, and two 1BR apartments. With an average monthly rent of $775 this property has a stable tenant base and is a solid investment with some opportunities for growth. This building has seen a large number of capital improvements and cost saving measures including conversion of all systems to natural gas, new vinyl siding, insulation, new roofs, upgrading windows to vinyl replacement, unit renovations, installation of laundry room (with coin operated washer/dryer units), lead abatement work throughout the building and much more. This property has lead safe certificates on-file completed in 2013. While room for adding additional income or cutting expenses exists, this property is a perfect investment for someone looking for a stable building that produces a solid return. With a gross income of almost $150,000 and extremely low operating expenses, this is sure to turn a profit for any investor. Showings begin on 07/05/2019.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by BHHS Verani Nashua

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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20 Orange Manchester NH 03104
Sold

MLS Number 4737346

  • Multifamily Multi-Family
  • Units 15
  • Square Feet 10,283

Located one building off of Elm Street, this 15 unit building on Orange Street is a solid investment opportunity with plenty of value-add potential. Comprised of 2 commercial units in the ground level, 1 studio apartment, 10 one bedroom apartments, and 2 two bedroom apartments, this property has a stable tenant base producing income, with opportunities to increase cash flow. This building has had new heating and hot water systems installed in the last ten years and has had a recent replacement of all roofs. Many capital improvements have been done, but many units still remain unrenovated and have the potential to go up on the rent! This property includes on-site parking for up to 10 cars with additional leased parking available directly across the street. If you're looking for a brick investment property with lots of value-add potential, then this is the right deal for you! This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Pierre Peloquin Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

320 Douglas Manchester NH 03102
Sold

MLS Number 4746142

  • Multifamily Multi-Family
  • Units 12
  • Square Feet 11,408

Twelve unit apartment building with all 2BR units.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

66 Orange Manchester NH 03104
Sold

MLS Number 4781131

  • Multifamily Multi-Family
  • Units 9
  • Square Feet 5,400

Brick & compact 9-family, North End Manchester. Gutted & remodeled in past 3 years. (Seven 1-bedrms, Two 2-bedrms) Tenants pay own gas heat & electric (owner pays hot water); NEW from studs in: heating, all flooring, about half of sub-flooring, walls, insulation, baths, kitchens, doors,most of the plumbing, electrical panels, membrane roof, windows, woodwork. 4-car rear-of-bldg. parking (tenants pay extra) & on-street parking, plus public lot across the street; some leases, some tenants at will. Nothing to do! $90,900. Income total; -$17,007. expenses; = $73,893. Net. (with 10% also deducted for Vacancy,mgr,maint, the cap rate is 8%) Financing w/ 20% down is available, and ROI is 14%

Listed by Joan Blais of BHHS Verani Londonderry

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

305 Amherst Manchester NH 03104
Sold

MLS Number 4770985

  • Multifamily Multi-Family
  • Units 9
  • Square Feet 7,648

This nine unit investment property is an easy to manage building with a lot of upside! Many of the apartments were recently renovated over the last few years and comprised of a mix of four 3BR, three 2BR, and two 1BR apartments, many with laundry hookups. With a combination of nine off-street parking spaces off the alleyway and an additional nine off-street parking spaces in the driveway, parking here is no problem. In addition to many units getting remodeled, in 2017 this building went through a FULL lead abatement. Electric is separated and paid by tenants, while heat & hot water is included in the rent, and due to the recent spray foam insulation, heat costs remain very low! Some parking spaces are currently rented to neighboring properties and producing additional income for the owner, adding to the total bottom line. This is a great potential investment for any buyer looking for a solid building with room to add value on day one. Broker interest.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Masiello Commercial Associates-Bedford

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

232 Bridge Manchester NH 03104
Sold

MLS Number 4728802

  • Multifamily Multi-Family
  • Units 8
  • Square Feet 8,410

This well-maintained, professionally managed, 8 unit property is a stable investment with some room to grow! Comprised of a six unit building and a two unit building on the same parcel, all of the apartments in this property are two bedrooms that pay their own heat, hot water, and electric bills! In addition to a paved driveway with off-street parking, attached to the two-family building is a three car garage providing additional parking or potential for extra income! The annual income for this property is almost $80,000 annually and the low operating expenses of under $20,000 provide a great opportunity for a profitable investment.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

187 Grove Manchester NH 03103
Sold

MLS Number 4788775

  • Multifamily Multi-Family
  • Units 6
  • Square Feet 8,463

Large six unit building. Three 3BR apartments with a bonus room and three 4BR apartments. All utilities are separated. Rents substantially under market.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Galactic Realty Group LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

617 Union Manchester NH 03104
Sold

MLS Number 4788936

  • Multifamily Multi-Family
  • Units 8
  • Square Feet 6,765

Two buildings on same parcel. One building contains two 2BR units with all separate utilities. One building contains six 1BR units with hot water included for all apartments and heat included for two apartments.

Listed by Matthew Lefebvre of Elm Grove Realty

Listing Sold by Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Aug 13, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Ask A QuestionMore Details

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 14, 2020.

 
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