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619 Harvard Street, Manchester, NH, 03103 | $655,000
First time offered in 45 years! This income generating 5-unit property presents an exceptional opportunity for both seasoned investors and first-time property owners. The building features three spacious 2-bedroom units and two one bedroom apartments, one of which has a second small space for an office or storage. Located in the thriving city of Manchester, this property is just minutes from bustling Elm Street's business district and the South Willow Street retail corridor. Schools and major highways are easily accessible, making this a highly desirable location for tenants. The property offers generous parking accommodations with two dedicated spots per unit, a valuable amenity in this urban setting. This investment opportunity shines with its position in a strong rental market and established neighborhood. Its untapped potential offers exciting possibilities for value enhancement through strategic updates. Whether you're looking to expand your existing portfolio or acquire your first income property, this multifamily building offers the perfect blend of stability and growth potential. OFFER DEADLINE HAS BEEN SET FOR MONDAY OCT 28 at 7p. m.
Features
- Bedrooms: 8
- Baths: 5 full
- Units: 5
- Style: Multi-Family
- Year Built: 1900
- Heating: Hot Air
- Cooling: None
- Basement: Unfinished
- Approx Sq. Feet: 3,861
- Acreage: 0.14
- Est. Taxes: $7,948
- Lot Desc: City Lot,Sidewalks
- MLS#: 5019774
- Website: https://www.raveis.com
/prop/5019774/619harvardstreet_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 LAER Realty Partners/Goffstown Phone: 603-685-4495
Listing Agent: Casey Leach
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
619 Harvard Street, Manchester, NH, 03103
$655,000
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 | $524,000 | $524,000 | $524,000 |
| 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 | $662 | $662 | $662 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,575 | $3,483 | $4,419 |
| Total Monthly Payment | $4,329 | $4,237 | $5,173 |
* 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