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Adam Dow

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

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447 Hanover St , Manchester, NH 03104
$599,900
Est. Payment: $1,333.11/mo
6 Bed
2 Bath
1703 Sqft
Status: Pending | Days on site: 8
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House Description

Opportunity awaits at 447 Hanover Street in Manchester’s Hanover Hill neighborhood! This solid two-family property offers an exceptionally spacious and flexible layout with excellent rental and owner-occupant potential in a prime city location, less than a mile from Elm Street and downtown Manchester. The property features 6 bedrooms plus an additional bonus room, providing tremendous flexibility for today’s needs. Public record identifies the property as a 2-family with 5 bedrooms and 1,703 sq. ft. Actual layout offers 6 bedrooms plus a bonus room and approximately 2,611 sq. ft. Both units feature separate natural gas hot-water baseboard heating systems and separately metered electric, with 200-amp electrical service and circuit breakers. There is no central air conditioning. Current rents are $2,080 and $1,850 per month, for a combined current rental income of $3,930 per month. Tenants are responsible for their own gas and electric, while the owner currently pays for water. The detached garage is not included with either apartment and offers potential for additional rental income. Additional features include hardwood flooring, vinyl siding, an expansive paver driveway with ample off-street parking, unfinished basement and unfinished walk-up attic space with standing room. Conveniently located near shopping, dining, schools, public transportation, major commuter routes and downtown Manchester. A fantastic opportunity for investors, owner-occupants or buyers seeking a multifamily property with substantial space and income potential. Buyer and buyer’s agent to perform full due diligence and independently verify bedroom count, room use, permitted uses, rents, expenses, utilities, square footage, measurements, zoning, systems and all property information. Information is believed to be accurate but is not guaranteed.

Highlights

Listed by Riley Walters , 617-735-6429 EXP Realty , 888-398-7062.

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1900

County

Hillsborough

Listing ID

5105750

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:2
  • Full Bathrooms:
Above Ground Sq Ft:1703
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:MX-2
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$1,333
Taxes
$489

Home Price

$599,900

Loan Details

30 yrs
%

Down Payment

20%
$119,980
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:
$1,333.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,333.11 $488.67 $0.00 $1,821.78
Yearly $15,997.33 $5,864.00 $0.00 $21,861.33
Total $479,920.00 $175,920.00 $0.00 $655,840.00

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.