43 S Elm Street
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$550,000

43 S Elm Street
Manchester, NH 03103
Listed by Virginia Kazlouskas Gregory · Harmony R.E. Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1940

About this home

Welcome to 43 S Elm St in Manchester! This spacious three family property offers an excellent opportunity for an owner occupant or investor looking to add value in a convenient Manchester location. With approximately 4,386 square feet, the property features three 3 bedroom, 1 bath units, six parking spaces, and a full basement providing valuable storage. The first floor is currently vacant, offering flexibility for an owner occupant or an opportunity to prepare the unit for a new tenant. The second and third floor units provide additional rental potential, making this an appealing opportunity for those looking to enter or expand their multifamily portfolio. The three bedroom layouts offer desirable flexibility, while six parking spaces provide a valuable amenity in an urban setting. The property needs some updating, however it provides an opportunity to make improvements and add value over time. A brand new roof is already installed, giving the next owner peace of mind. Located near Downtown Manchester, this property offers convenient access to restaurants, shopping, entertainment, employment centers, major commuter routes, SNHU Arena, the Palace Theatre, and the many amenities Manchester has to offer. The location provides an excellent combination of urban convenience and accessibility throughout Southern New Hampshire. Whether you're looking for an opportunity to occupy one unit while generating rental income from the others or seeking a three unit property to add to your investment portfolio, 43 S Elm St offers space, parking, income potential, and the opportunity to bring your vision to life. Open House Saturday & Sunday 1-3PM.

Property details

MLS #
5104700
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
2
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.16 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Bakersville School
0.16 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
332
Student:teacher ratio
9.5:1
District
Manchester School District
Middle
Southside Middle School
1.36 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
853
Student:teacher ratio
10.5:1
District
Manchester School District
High
Manchester West High School
1.14 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
767
Student:teacher ratio
13.5:1
District
Manchester School District

Mortgage calculator

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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