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646 Summer Street, Manchester, NH, 03103 | $549,900
**Offer Deadline Tues Oct 29th 5pm. Welcome to 646 Summer St, a large 3-family property perfect for investors or owner-occupants looking to generate rental income. This well-maintained building features three spacious units, each offering 2 bedrooms, providing consistent rental demand in the area. All units boast beautiful hardwood floors, adding a touch of warmth and easy maintenance. The property is designed with simplicity in mind, making upkeep straightforward for landlords and tenants alike. One of the standout features is the ample parking space available, ensuring convenience for residents and guests—a rare find in this area. Situated in a prime location, 646 Summer St is close to schools, shopping, dining, and major highways, making commuting and daily errands a breeze. **NOTE: Only 2nd floor currently occupied. Landlord had family living in building flrs 1 & 3 and moved them out to prep for sale. Leaving them vacant in case the new buyer wanted to occupy. Market rent 1st floor estimated $2200, 2nd flr $1, 700+, 3rd flr $1, 500
Features
- Rooms: 18
- Bedrooms: 4
- Baths: 3 full
- Units: 3
- Style: Multi-Family
- Year Built: 1895
- Heating: Baseboard,Gas Heater - Vented
- Cooling: Other
- Basement: Unfinished
- Approx Sq. Feet: 3,920
- Acreage: 0.12
- Est. Taxes: $7,536
- Lot Desc: City Lot,Level
- Elem. School: Beech Street School
- Middle School: Hillside Middle School
- High School: Central High School
- School District: Manchester Sch Dst SAU #37
- MLS#: 5019791
- Website: https://www.raveis.com
/prop/5019791/646summerstreet_manchester_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/14/2024Listing courtesy of Mill City Realty Phone: 603-782-3367
Listing Agent: Chris DuPaul
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
646 Summer Street, Manchester, NH, 03103
$549,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $628 | $628 | $628 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,001 | $2,924 | $3,710 |
| Total Monthly Payment | $3,721 | $3,644 | $4,430 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB