Listed by Pierre Peloquin • Pierre Peloquin Realty. Bought with Pierre Peloquin Realty.
Off market aug 2015 for $3.4M
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19
bd
•
48 ba
•
40,767
sq ft
667-669 CHESTNUT St, Manchester, NH 03104
About this home
The "Crown Jewel" of Manchester . Magnificent NORTH END 48 unit residential complex dripping with stunning character , details and head turning features. Ornate woodwork, hardwood floors, stained glass and more. Here is your opportunity to own one of the most admired, revered and respected rental properties in the area. Impeccably maintained with rarely a vacancy. 100% leased grossing $461,700.. 00 annually with $136,979.00 expenses Property consists of 3 buildings ( 669 Chestnut, 50 Pennacook, 52 Sagamore and 44 car parking lot). This is the ideal "portfolio quality" investment. Buyers will be vetted prior to show. NOTHING HAS BEEN SPARED BY OWNER -BROKER AND PARTNER IN MAINTAINING THIS QUALITY MASTERPIECE . THE BEST TENANTS IN MANCHESTER RESIDE HERE !!! OWNERS-BROKER WILL HOLD 1ST MORTGAGE OF $2.6 MILLION WITH $1 MILLION DOWN !!
Multi-familyProperty Type
1900Year Built
1.02 acresLot Size
$84Price/Sq.Ft.
6 car garageParking
Listed by Pierre Peloquin• Pierre Peloquin Realty
Bought with Pierre Peloquin• Pierre Peloquin Realty
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Multi-Family (5+ Unit)
County
Hillsborough County
APN
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Basement
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Accessible
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Last updated by owner on Sep 27, 2018.
R-3
Urban Multifamily District
The intent of this zoning district is to maintain the inner city neighborhoods at a density which affords the opportunity to develop or redevelop multifamily housing at the maximum density considered appropriate to sustain neighborhood quality in an urban setting. Its primary purpose is to define residential densities appropriate for the inner city neighborhoods, while preserving opportunities for some neighborhood-serving businesses to be integrated therein. Special provisions within the district permit, under certain conditions, the development of high density highrise structures for the elderly.