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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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43 S Elm St , Manchester, NH 03103
$550,000
Est. Payment: $1,222.22/mo
9 Bed
2 Bath
4386 Sqft
Status: Pending | Days on site: 7
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House Description

Welcome to 43 S Elm St in Manchester! This spacious three family property offers an excellent opportunity for an owner occupant or investor looking to add value in a convenient Manchester location. With approximately 4,386 square feet, the property features three 3 bedroom, 1 bath units, six parking spaces, and a full basement providing valuable storage. The first floor is currently vacant, offering flexibility for an owner occupant or an opportunity to prepare the unit for a new tenant. The second and third floor units provide additional rental potential, making this an appealing opportunity for those looking to enter or expand their multifamily portfolio. The three bedroom layouts offer desirable flexibility, while six parking spaces provide a valuable amenity in an urban setting. The property needs some updating, however it provides an opportunity to make improvements and add value over time. A brand new roof is already installed, giving the next owner peace of mind. Located near Downtown Manchester, this property offers convenient access to restaurants, shopping, entertainment, employment centers, major commuter routes, SNHU Arena, the Palace Theatre, and the many amenities Manchester has to offer. The location provides an excellent combination of urban convenience and accessibility throughout Southern New Hampshire. Whether you're looking for an opportunity to occupy one unit while generating rental income from the others or seeking a three unit property to add to your investment portfolio, 43 S Elm St offers space, parking, income potential, and the opportunity to bring your vision to life.

Highlights

Listed by Virginia Kazlouskas Gregory , 603-883-8840 Harmony R.E. Inc. , 603-883-8840.

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1940

County

Hillsborough

School District

Manchester Sch Dst SAU #37

Listing ID

5104700

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:2
  • Full Bathrooms:
Above Ground Sq Ft:4386
Basement:Yes,Concrete Floor,Full,Storage Space,Unfinished,Basement Stairs

Exterior Features

Lot:Existing
Zoning:RES
Roof:Asphalt Shingle
Sewer:Public
Parking Features:Driveway,Paved
Principal Interest
$1,222
Taxes
$753

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $753.43 $0.00 $1,975.66
Yearly $14,666.67 $9,041.21 $0.00 $23,707.88
Total $440,000.00 $271,236.30 $0.00 $711,236.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Manchester, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.