160-168 Amory St - Storefront Retail/Residential FOR SALE


Manchester, NH 03102- Notre Dame
$1,350,000 USD
603-472-1010
160-168 Amory St, Manchester, NH for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/32
null | 7.67% Cap Rate

160-168 Amory St
Manchester, NH 03102
Notre Dame


OVERVIEW

Superb westside location! Brick 8-units: (2) 3-bedrm apts, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric & own hot water;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units,1 just remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for restaurant, smoke shop, office or any business. Brick and aluminum siding. (6 Commercial units are laundromat, pizza/bakery, church, Karate/gym, 2 vacants). A good investment! 6.9% Cap rate on $103K net.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B-1

APN/PARCEL ID

MNCH-000181-000000-000006

ASK ABOUT THIS PROPERTY

Chris EvansBerkshire Hathaway HomeServices Verani BedfordMore Info
603-472-1010

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Chris EvansBerkshire Hathaway HomeServices Verani BedfordMore Info
603-472-1010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.