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listing
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Listed by: Pierre Peloquin from Pierre Peloquin Realty, 603-668-9923
Multi-FamilyFor Sale
$2,395,000
130 English Village Road
Manchester, NH 03102
MLS: Prime MLS
9,099Sq Ft
Est. Mortgage
$12,463/mo

RARE & UNIQUE OPPORTUNITY to Invest in 14 Individual Condos consisting of 12-units at Pinewood Estates, 1 Unit at English Village Estates and a separate Townhouse Unit at 141 Beech Street in Manchester. Out of State owner of 15+ years SAD to relinquish these fully occupied "EXTREMELY EASY TO OWN & MANAGE" Condo Units in VERY POPULAR & Well Managed Developments. RARELY a vacancy with many current residents having resided in these units for 15+ years. Rents are well below Market Rates and ALL Units are "Tenants at Will" except one currently on lease. EXCEPTIONAL "INVESTMENT PORTFOLIO" with little to no "Hands On" efforts & headaches. Current Annual Gross $188,700.00 with $78,057.00 total Annual Expenses (includes taxes and all HOA fees).POTENTIAL GROSS $217,000.00 allows for a NET of $138,943.00. A minimum of 48 Hour Notice to view. Proof of Funds or Bank Approval Letter required to schedule ANY AND ALL SHOWINGS !

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Information courtesy of Pierre Peloquin Realty is subject to verification and is not guaranteed.
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