Price Reduced 14.68%

$465,000 ($157.20 per sqft)

Est. Mortgage $2,382/mo *

Quick Pre-Approval

Listing courtesy of Michael Power, Power Real Estate Phone: 617-735-5433


Price History

$545,000
9/20/2024

$495,000
10/17/2024

$465,000
12/2/2024


715 Massabesic Street, Manchester, NH, 03103

715 Massabesic Street, Manchester, NH, 03103

12 rooms

5 beds

1 Full baths

1890

Multi-Family

2,958 sqft

Excellent for Investors, Business Owners, and Owner-Occupied. Renovation required. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. New Certificate of Compliance issued December 2024. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Street–both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

R-2 Residential

Frontage:

159

Heating:

Natural Gas, Oil, Radiator, Steam

Cooling:

None

Basement:

Concrete Floor, Dirt Floor, Unfinished, Interior Access, Exterior Access

Parking:

Driveway, Off Street, On-Site, Paved

Acreage:

0.21

Est. Taxes:

$6,250

Assessment

$331,400

Lot Description:

Corner,Curbing,Sidewalks,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Neighborhood,Near Public Transportatn,Near Hospital

Elementary School:

Jewett School

Middle School:

Southside Middle School

High School:

Manchester Memorial High Sch

School District:

Manchester Sch Dst SAU #37

MLS #:

5015252


Community Info

School Info

Walk Score

Mass Transit

Yelp