Listing Provided Courtesy Of: BHHS Verani Commercial Div - Joan Blais
Last Updated: 3/28/2017 12:31 PM
Description for 585 Somerville Street Manchester, NH 03103
Six 3-bedrm apts Plus Laundromat (not in use presently; equipment included as is;laundromat rent was $16,800.., NOT counted in rent roll now). Corner space could have any commercial/retail use. 6 Parking at rear. Vinyl-sided, newer windows. much wood flooring. tenants pay heat ,HW, elec.(one exception) Present Income: $70,200.. Exp: $17,367. NOI $52,833,. Rent roll 6 apts: $1200. only apt w/ht & util incl.;$950, 800, 1000, 950, 950. (new FHA/Gas furnaces being installed in all apts). 123 Wilson St,4 fam., adjacent bldg. can be sold as package for $350K add'l. Income there is $50,688. Rent Roll: $874.,1450,1000,900. tenants pay own util & ht. 4 car pkg .NOI ap $36,000.
Public Water Service, Gas Water Heater
6,144 Sq. Ft. Above Ground ,1,044 Sq. Ft. Below Ground
Gas Heat, Wood, Space Heater, Stove
Walkout, Daylight, Full, Partially Finished, Storage
Exterior / Lot Features
Tar Gravel, Membrane
Central Business District, In City, Close To Shops, Public Transport, Paved Road, Public Roads
Current market conditions for 585 Somerville Street
Active Market Trends
Median list price$264,900
Days on market108
Properties for sale189
Sold Market Trends
Median sold price$195,000
Sales to list price9,889.0%
Median sq ft price$135
Arrows indicate 90 day trend
Listing Price History for 585 Somerville Street
Manchester Real Estate
Manchester is located in New Hampshire. Manchester, New Hampshire 03103 has a population of 110,229.
The median household income in Manchester, New Hampshire 03103 is $55,306. The median household income for the surrounding county is $70,906 compared to the national median of $53,482. The median age of people living in Manchester 03103 is 36.8 years.
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