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Listed by Joan Blais of BHHS Verani Londonderry

Listing Sold by BH&G - The Masiello Group

North End Manchester, 21 compact Apts, w/parking. $61,600 per unit. 2 separately deeded bldgs in this portfolio, could be bought separately w/ simultaneous P&Ss. Near Currier Museum; 2 newer boilers & 2 newer roofs; Mainly, these are the desirable compact apts so needed by Manchester singles & couples: (14 Studios, 4 1-bedrm, 3 2-bedrm) Has mgmt;no vacancy. Income: 199,166 Gross Income Less: 54,189 - Expenses Less: 19,789 - 10% maint,mgmt & Vacancy. NOI 125,188 = 9.6% Cap rate/ ROI 19.5% ROI on 80% LTV mort

Property Details of 159 and 160 Orange Street

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Copyright 2019 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 July 17, 2019.

 

 

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