Price Reduced 9.17%
Listing courtesy of Michael Power, Power Real Estate Phone: 617-735-5433
Price History
$545,000
9/20/2024
$495,000
10/17/2024
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. 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. Buyer must apply for Certificate of Compliance. 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:
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
Elementary School:
Jewett School
Middle School:
Southside Middle School
High School:
Manchester Memorial High Sch
School District:
Manchester Sch Dst SAU #37
MLS #:
5015252