Debra Hull

1358 Elm Street, Manchester, NH 03101 (MLS # 4732699)

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Listing provided by Matthew Lefebvre, Elm Grove Realty

PRICE $2,430,000
BEDS n/a
BATHS 0 baths
HOME SIZE 25,276 sq ft
LOT SIZE 8,712 sqft

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

DAYS ON MARKET 70 LAST UPDATED 1/15/2019
YEAR BUILT 1890 COUNTY NH-Hillsborough
STATUS Active PROPERTY TYPE(S) Property Class / Multi-Family, Multi Family


ADDITIONAL DETAILS
AREA DESCRIPTION Business District, Commercial Zoning, In Town
BASEMENT Yes
BASEMENT ACCESS TYPE Walkout
BASEMENT DESCRIPTION Bulkhead, Concrete Floor, No Tenant Access, Unfinished
CONSTRUCTION Masonry
CONSTRUCTION STATUS Existing
COOLING None
DELAYED SHOWING No
DRIVEWAY None
EASEMENTS Unknown
ELECTRIC Circuit Breaker(s)
EXTERIOR Brick
FINANCING-POSSIBLE OPT 1031 Exchange, Cash, Conventional, Other, Private
FLOOD ZONE No
FOUNDATION Brick
GARAGE No
HEAT FUEL Gas - Natural
HEATING Hot Water
LISTING STATUS Active
LOT DESCRIPTION City Lot, Major Road Frontage
PARKING Leased, Off Street, Off-Site, Parking Spaces 21+, Paved
PRE-CONSTRUCTION No
PROPERTY CLASS Multi-Family
PROPERTY TYPE Multi-Family
ROAD FRONTAGE TBD
ROADS Paved, Public
ROOF Membrane
SEASONAL No
SEPARATE UTILITIES Varies
SEWER Public
SQFT-APX FIN AG SOURCE Municipal
SQFT-APX FIN BG SOURCE Municipal
SQFT-APX UNFN AG SOURCE Municipal
SQFT-APX UNFN BG SOURCE Municipal
STYLE Apartment Building, Multi-Family
SURVEYED Unknown
TOTAL STORIES 4+
WATER Public
WATER HEATER Gas - Natural

ZESTIMATE
1358 Elm Street, Manchester, NH

RENT ZESTIMATE
$ / mo.  1358 Elm Street, Manchester, NH

85 Very Walkable



 
CONTACT US ABOUT 1358 ELM STREET
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Data last updated 3/22/19 11:02 PM PDT


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