List Price: $685,000 | $176 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,3 - Three Bedroom Units
Date Listed Friday Apr 25, 2025 | MLS# 5037924
With 0 One Bedroom Units , 0 - Two Bedroom Units ,3 - Three Bedroom Units
Date Listed Friday Apr 25, 2025 | MLS# 5037924
REMARKABLE 100% FULLY GUTTED & REBUILT IN 2022 THREE- FAMILY
RESPECTABLE BUILDER SPARED NO EXPENSE IN THIS "GROUND UP" REBUILD IN 2022
EXTRA WIDE ENTRY HALL WITH FULL PLANK FLOORING
ALL HALLS FULLY RENOVATED HALL W/QUALITY MATERIALS
2 of 3 individual Natural Gas Mini-Split systems
FULLY APPLIANCED EAT-IN KITCHEN ( 1ST FLOOR)
ANOTHER VIEW OF 1ST FLOOR KITCHEN
1 0F 4 BEDROOMS ( ON 1ST FLOOR UNIT)
1 OF 4 BEDROOMS ( 1ST FLOOR)
1 OF 4 BEDROOMS ( 1ST FLOOR)
FULL BATH ( 1ST FLOOR UNIT)
KITCHEN IN 2ND FLOOR UNIT
IMMACULATE LIVING ROOM IN 2ND FLOOR APARTMENT
2ND FLOOR BEDROOM BEING USED AS AN OFFICE
2ND FLOOR UNIT ( 1 OF 4 bEDROOMS)
2ND FLOOR FULL BATH
Numerous Mini-Split heating/cooling systems in each for maximum efficiency
3RD FLOOR LIVING ROOM ( ALL UNITS HAVE HUGE LIVING ROOMS)
ENORMOUS PRIMARY BEDROOM 3RD FLOOR UNIT (1 OF 4 BEDROOMS)
3RD FLOOR UNIT ( BEDROOM #2 OF 4 BEDROOMS)
3RD FLOOR UNIT ( BEDROOM #3 OF 4 BEDROOMS)
3RD FLOOR UNIT ( BEDROOM #4 OF 4 BEDROOMS)
3RD FLOOR UNIT - KITCHEN W/ALL S/S APPLIANCES
ANOTHER VIEW OF 3RD FLOOR UNIT KITCHEN
3RD FLOOR UNIT (IDENTICAL FULL BATH AS OTHER TWO UNITS)
Paved rear parking with new rear decks
Fire Detection & sprinkler system
Coin-Op laundry for added income & convenience
Full "whistle clean" basement with new concrete floor
Builder even spray foamed/insulated all basement walls for efficiency & no water penetration
200 AMP Panels in each unit- POWER TO THE PEOPLE !!
All NEW Electric throughout building from top to bottom
Individual Electric hot water tanks
Full Sprinkler system throughout building ( all to code)
DON'T PASS UP ON THIS RARE OPPORTUNITY
To see this Listing
Address: 234 Spruce Street Manchester NH
Listed by Pierre Peloquin Pierre Peloquin Realty
Description:
REMARKABLE 3-FAMILY that was 100% gutted to the studs in 2022 ( due to fire) and COMPLETELY REBUILT from framing, insulation, all new wiring, plumbing, ,drywall , windows, flooring , kitchens & baths, rubber roof , New rear decks and vinyl siding. On site rear paved parking for 3-4 cars. 100% COMPLETELY rebuilt to code w/all City permits down to the fully installed sprinkler system. This building is ESSENTIALLY 3-Years NEW !!! All work was personally done by local respected Quality builder. All units feature 4 (YES 4) Bedrooms, Fully applianced, Individual Gas heat/cooling via Mini-Splits with tenants paying ALL Utilities. Nothing to do in this "Lead Free" building for YEARS to come !!!! Strong Annual Income of $71,120.00 with $13,071.00 expenses ( includes taxes ) for an INCREDIBLE NET of $58,049.00. COC valid to 02/03/2028. A SOLID INVESTMENT being offered below current Replacement cost. Open House viewing Monday April 28 from 3:00 to 5:00 ONLY . Operating Expenses : Insurance,Water/Sewer
Annual Expenses
Taxes: $7,387
Taxes: $7,387
Income
Gross Income | $71,120
NetIncome | $58,049
Gross Income | $71,120
NetIncome | $58,049
Appliances : Water Heater – Electric
UNIT 1 INFORMATION
Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 1
Info : Appliances Included
Tenant Pays : All Utilities
Rent : 2095.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 2 INFORMATION
Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 2
Style : Garden
Info : Appliances Included
Tenant Pays : All Utilities
Rent : 1895.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 3
Style : Garden
Info : Appliances Included
Tenant Pays : All Utilities
Rent : 1895.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Flat
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5202
Above Grade Sq.Ft.: 3902
Basement: Concrete Floor | Full | Stairs - Interior | Unfinished
Foundation size 24x64.
Foundation: Granite
Year Built: 1900
Style: Flat
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5202
Above Grade Sq.Ft.: 3902
Basement: Concrete Floor | Full | Stairs - Interior | Unfinished
Foundation size 24x64.
Foundation: Granite
Exterior Features:
Porch - Covered | Docks
Exterior Color: Grey
Roof: Membrane
Seasonal: No
Porch - Covered | Docks
Exterior Color: Grey
Roof: Membrane
Seasonal: No
Heating: Natural Gas | Forced Air | Individual
Cooling: Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Trash: Municipal
Utilities: Cable | Gas - On-Site | Multi Phone Lines | Phone
Electric Meters: 4
Gas_Meters: 3
Water: Public
Sewer: Public
Cooling: Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Trash: Municipal
Utilities: Cable | Gas - On-Site | Multi Phone Lines | Phone
Electric Meters: 4
Gas_Meters: 3
Water: Public
Sewer: Public
Land Information
City Lot | Curbing
Lot size: 0.09 acres
Zoned: R-3)
Surveyed: No
Flood Zone: No
Road Frontage: 37
Driveway: Paved
City Lot | Curbing
Lot size: 0.09 acres
Zoned: R-3)
Surveyed: No
Flood Zone: No
Road Frontage: 37
Driveway: Paved
Additional Information
Docs Available : Certificate of Compliance | Deed | Plot Plan | Tax Map
Easement - Unknown
Block - 11
Taxes $7,387
Assesed Value Not Reported
Docs Available : Certificate of Compliance | Deed | Plot Plan | Tax Map
Easement - Unknown
Block - 11
Taxes $7,387
Assesed Value Not Reported
Schools
