52 Myrtle St, Manchester, NH 03104-6032
- Residential income homes
- 3,934 SF
- 0.12 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 52 Myrtle St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- MNCH M:0039 B:000 L:0025
- APU
- MNCHM0039B000L0025
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 14, 2020 | — | Regions First LLC | — | Deed · related | $405k · Bangor Svgs Bk |
| Dec 5, 2011 | — | Regions First LLC | — | Deed Of Trust · related | $292k · Franklin Savings Bank Nh |
| Aug 6, 2010 | $75,500 | Regions First LLC | B Burrows Property Mgmt | Warranty Deed | $77k · Zuckerman Family Nomi |
| Sep 18, 2009 | $329,900 | B Burrows Prop Mgmt LLC | Joshua Irt | Warranty Deed | $229k · Peoples Bank |
| Jul 18, 2008 | $300,000 | Joshua Irt | 52 Myrtle Street LLC | Warranty Deed | $240k · Ocean Bank |
| Feb 25, 2008 | — | 52 Myrtle Street LLC | — | Deed Of Trust · related | $70k · Ocean Bank |
| May 1, 2003 | $236,500 | 52 Myrtle St LLC | Wood,vicky L | Warranty Deed | $177k · Ocean National Bank |
| Oct 30, 1998 | $89,300 | Wood RT | Kore RT | One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds | $116k · Westmount Financial Services |
| Apr 25, 1996 | $112,500 | Kore RT | Decoster,kenneth T | Warranty Deed | $90k · Zwi Kohorn |
| — | — | Regions First LLC | — | Deed Of Trust · related | $405k · Bangor Svgs Bk |
Description
This exceptional investment opportunity presents a 12-unit apartment building situated at 52 Myrtle St, Manchester, NH 03104. The property, a two-story brick structure built in 1920 and extensively renovated in 2011, boasts 5,901 square feet on a 0.12-acre lot. The building features a mix of apartment styles: four studio apartments each with a private bathroom, and eight single-room occupancy units sharing three bathrooms. Currently operating at 100% occupancy, this stabilized investment offers a compelling return. All utilities—heat, hot water, electricity, and Wi-Fi—are included in the monthly rent, simplifying management. The building is equipped with a fully functioning sprinkler system and a 24/7 security monitoring system, enhancing safety and peace of mind. On-site, card-operated laundry facilities add convenience for tenants. The property's prime location, just a block from Elm Street, provides easy access to a vibrant array of restaurants, shops, and businesses, and is conveniently located near I-293. The building is zoned UMD. Financial details are available upon request. This meticulously maintained property, owned by the same individual for over 14 years, represents a rare opportunity to acquire a stable, high-performing multifamily asset in a desirable New Hampshire location. The asking price is $1,095,000, or $91,250 per unit, with a price per square foot of $185.56. The net rentable square footage is 3,934 square feet.
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Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4624
- Latitude
- 42.9976
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
