Bought with Steve Cotran • RE/MAX Area Real Estate Network LTD
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197 Wilson ST Manchester, NH 03103
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Key Details
Sold Price $728,000
Property Type Commercial
Sub Type Business,Development,Investment,Multi-Family,Office,Opportunity,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 21,800 sqft
Price per Sqft $33
MLS Listing ID 4727043
Sold Date 04/23/19
Year Built 1890
Annual Tax Amount $14,208
Tax Year 2017
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Business,Development,Investment,Multi-Family,Office,Opportunity,Retail
Property Description
Solid 10 unit building, 6 large 3 bedroom apartments, a 2 bedroom apartment and 3 street level stores. Stabilized tenancies and strong cash flows make for a good investment. The building has some character with unpainted stained period style woodwork, wainscotting and high ceilings. Cash flow is nice with solid 9% cap rate. This building may be available as part of a portfolio with other buildings for a package deal.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R3
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Heating Gas - Natural, Oil
Cooling None
Exterior
Exterior Feature Vinyl Siding
Roof Type Flat,Membrane
Building
Lot Description City Lot
Foundation Granite
Sewer Public
Water Public
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