Multi-Family for Sale: 509 Beech Street, Manchester, NH 03104 SOLD

5,251 sqft
$883,333
$883,333
509 Beech Street, Manchester, NH 03104 SOLD
5,251 sqft
$883,333
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Selling Price: $883,333
Original List Price: $2,875,000
Sold at 30.7% of list price
Sold Date: 08/13/2024

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Type Multi-Family
Style Apartment Building
Square Feet 5,251 sqft
Lot Size 0.15 acres
Year Built 1910
City Manchester
County Hillsborough
MLS 4999465
Status Closed
DOM 12 days
509 Beech St is listed as part of an 18-Unit portfolio across 3 buildings. 509 Beech Street consists of a three-story multi-family building and contains six (6) residential units comprised of three (3), 1-Bedroom/1Bathroom units and three (3), 2-Bedroom/1-Bathroom units with 5,251 square feet of living area in 7,498 square feet of total gross area on a 0.15-acres of land. The Property also features six (6) on-site parking spaces. The Tenants pay for electricity and electric heat, while the Landlord is responsible for common electric, gas fired hot water and domestic water and sewer. The below market rents offer the potential for increased income on the Property. The opportunity exists to drive rental rates in an urban-infill, high demand/supply-constrained residential market through programmatic upgrades to the remaining unrenovated unit interiors. Buildings may be purchased separately or as a portfolio. Please see the other listings for more information: 227 Amory St (MLS ID: 4999463) 237 Amory St (MLS ID: 4999464) Amory & Beech Portfolio (MLS ID: 4999465)

Lot & Building Features

Utilities Other
Construction Clapboard Exterior
Cooling None
Heat Source Electric
Heating Electric
Parking Description Parking Spaces 6+
Sewer Public
Tax Year 2023
Water Public
Basement Description Unfinished
Foundation Concrete
Lot Description Other
Roof Membrane
Garage No

Price History of 509 Beech Street, Manchester, NH

Date Name Price Difference
06/07/2024 Listing Price $883,333 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Mikki Zeitouni
Direct: 617-319-5786
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Horvath & Tremblay LLC, William Peck
Sold by RE/MAX Synergy, Matthew-John Graves
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6.75%
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Listing information courtesy of: Horvath & Tremblay LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 10/17/2024