81 Ashland Street

Manchester, NH 03104

$2,135,000
Price
Beds
11,544 Sq. Ft.
$185 / Sq. Ft.
11,544
Sq. Ft.
$185
per Sq. Ft.

Description

Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it’s conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and...Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it’s conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.
  1. Listed by Doug Martin • Keller Williams Realty-Metropolitan

Property Details for 81 Ashland Street

Zoning
R-2
LISTING UPDATED: 12/04/2024 03:34 PM

Property Details for 81 Ashland Street

StatusUnder Contract
MLS #5017417
Days on Market60
Taxes$18,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.22 AC / 9,583 SF
CountyHillsborough County

Virtual Tour

Building Information for 81 Ashland Street

Stories3Residences11Year Built1900Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 81 Ashland Street

Summary
Location and General Information
  • City: Manchester
  • County: NH-Hillsborough
  • Directions: Bridge St to Ashland St - One block in
  • Latitude: 42.994393152710558
  • Longitude: -71.448392728836055
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 0029
  • Zip Code: 03104
Taxes and HOA Information
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 00
  • Lot: 0039
  • Lot - Sqft: 9583.0
  • Lot Features: Corner, Level, Near Shopping, Neighborhood, Near Hospital, Near School(s)
  • Lot Size Acres: 0.22
  • Road Frontage Length: 104.0
  • Square Feet Apx Finished Above Grade: 11544.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 15276.0
  • Square Feet Apx Total Finished: 11544.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 3732.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Block
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1900
Utilities
  • Electric: 60 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Gas - Underground
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Interior Access
  • Flooring: Carpet, Hardwood, Vinyl
  • Heating: Natural Gas, Space Heater
  • Cooling: None
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 11
  • Total 1 BR Units: 0
  • Total 2 BR Units: 11
  • Total 3+ BR Units: 0
Rental
Rent Information
  • Total Leases: 11

Property History for 81 Ashland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 81 Ashland Street

Taxable ValueLand$151,500Additions$823,000Total$974,500
Tax Record2023$18,379 ($1,532 / month)
Home Facts
Baths12Total Finished SqFt9,336 SqFtAbove Grade Finished SqFt9,336 SqFtStories3Lot Size9,427 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyHILLSBOROUGHAPNMNCH M:0029 B:000 L:0039

Schools near 81 Ashland Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mcdonough School
PublicPK to 5

Hillside Middle School
Public6 to 8

Manchester Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Metropolitan

Copyright 2024 PrimeMLS, Inc. All rights reserved. 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 PrimeMLS. 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 12/22/2024 01:22 AM