370 Rimmon Street

Closed 9/9/22

Sold

Last Sold Price

$350,000

3 beds2 baths1,488 sqft

370 Rimmon St, Manchester, NH 03102

Multi FamilyProperty Type

0.18 acresLot Size

1870Year Built

$235/sq ftPrice per sq ft

3 carsParking Spaces

Description

Nicely maintained and easy-to-manage 2-Family with a detached, 3-car garage & 10+ parking spaces! This fully occupied property is perfect for local investors looking to add to their portfolio. Seller currently leases out the 2-car garage for $100/month and 6 of the 8 extra parking spaces are leased for $40/month, each. Another 1-Car garage bay is accessed off of the alley and seller currently uses it for storage, plus there’s a loft. Tenants have their own separate area for parking in the rear of...Nicely maintained and easy-to-manage 2-Family with a detached, 3-car garage & 10+ parking spaces! This fully occupied property is perfect for local investors looking to add to their portfolio. Seller currently leases out the 2-car garage for $100/month and 6 of the 8 extra parking spaces are leased for $40/month, each. Another 1-Car garage bay is accessed off of the alley and seller currently uses it for storage, plus there’s a loft. Tenants have their own separate area for parking in the rear of the 2-family. The 1st floor unit has 2 bedrooms, an enclosed porch and a washer/dryer in the unit. The 2nd floor is a 1-bedroom unit. Heat & hot water are included in the rent. Total current annual income is $29,820 ($25,740 in apartment rentals, plus $4,080 for garages/parking spaces, with the potential to rent 2 more spaces and the 1-car garage), with only $5,372 in expenses! Both units are occupied and interior photos are prior to tenants moving in. Current COC thru September, 2023. Assisted Showings by PRE-SCHEDULED APPOINTMENT ONLY.

Listed by: Lorraine Angelo • Pierre Peloquin Realty

Listing closed: 09/09/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4910798

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Listing Courtesy of Pierre Peloquin Realty

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$2,284 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,868

Property Taxes

$416

HOA Dues

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Property Information for 370 Rimmon Street

Property Details

Taxes: $4,988 / year
MLS Type: Multi Family
County: Hillsborough County
Zoning: R-3

Building Information

Stories: 1
Residences: 2
Year Built: 1870
Lot Size: 0.18 AC / 7,840 SF

Summary

Location and General Information

City: Manchester
County: NH-Hillsborough

Latitude: 42.992234000000003
Longitude: -71.478802813491825
Road Frontage: Yes
Seasonal: No
State: NH
Street Designation: Street
Map: 193
Zip Code: 03102-3715

Taxes and HOA Information

Tax - Gross Amount: $4,987.53
Tax Year: 2022

Taxes TBD: No

School Information

School - High: Manchester West High School
School - District: Manchester Sch Dst SAU #37

School - Elementary: Gossler Park Elementary School
School - Middle/Jr: Middle School at Parkside

Parking

Garage: Yes
Garage Capacity: 3.00

Driveway: Paved

Property

Lot Information

Block: 0
Lot: 16A

Lot - Sqft: 7841.0
Lot Size Acres: 0.18
Road Frontage Length: 80.0
Square Feet Apx Finished Above Grade: 1488.0
Square Feet Apx Finished AG Source: Assessor
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Finished BG Source: Assessor
Square Feet Apx Total: 2916.0
Square Feet Apx Total Finished: 1488.0
Square Feet Apx Unfinished Above Grade: 390.0
Square Feet Apx Unfinished AG Source: Assessor
Square Feet Apx Unfinished Below Grade: 1038.0
Square Feet Apx Unfinished BG Source: Assessor

Property and Assessments

Property Class: Multi-Family
Flood Zone: Unknown

Foundation: Stone
PreConstruction: No
Surveyed: Unknown
Year Built: 1870

Utilities

Electric: 100 Amp, Circuit Breaker(s)
Sewer: Public

Utilities: Other
Total Gas Meters: 0
Total Electric Meters: 3
Separate Utilities: Varies

Interior and Exterior Features

Exterior Features

Roads: Public
Roof: Shingle - Asphalt

Total Ranges: 2

Interior Features

Basement: Yes
Basement Access Type: Interior

Basement Description: Full, Unfinished
Total Full Baths: 2
Heat Fuel: Oil
Heating: Baseboard, Hot Water
Cooling: Other, Wall AC Units
Total Refrigerators: 2
Total Stories: 1.75
Total Water Heaters: 1

Multi Family

Income & Expenses Information

Gross Income: $25,740.00

Multi-Family Information

Total Units: 2
Total 1 BR Units: 1

Total 2 BR Units: 1
Total 3+ BR Units: 0
Total Heat Units: 1

Unit Information

Unit 1

Unit 1 Style: Garden
Unit 1 Baths: 1

Unit 1 Bedrooms: 2
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Month to Month
Unit 1 Apx Sqft: 1038.0
Unit 1 Rooms: 4
Unit 1 Rental Amount: $1,295.00
Unit 1 Tenant Pays: Electric
Unit 1 Info: Air Conditioner, Appliances Included, Dishwasher, Dryer, Heat Included, Porch - Screened, Range - Electric, Refrigerator, Washer

Unit 2

Unit 2 Lease Term: Annual
Unit 2 Style: Garden

Unit 2 Baths: 1
Unit 2 Rooms: 4
Unit 2 Status: Leased
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Apx Sqft: 540.0
Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $850.00
Unit 2 Info: Air Conditioner, Appliances Included, CO Detector, Heat Included, Range - Electric, Refrigerator
Unit 2 Tenant Pays: Electric

Property History for 370 Rimmon Street

Date	Event & Source	Price	Appreciation
Sep 9, 2022	Sold (Public Record) Public Record #1497168566	$350,000	+15.6% / yr
Sep 9, 2022	Sold New England Real Estate Network #4910798	$350,000	—
Jul 16, 2022	Pending New England Real Estate Network #4910798		—
May 21, 2022	Price Change New England Real Estate Network #4910798	$374,900	—
May 18, 2022	Listed (Active) New England Real Estate Network #4910798	$395,000	—
May 12, 2020	Sold (Public Record) Public Record #668647994	$250,000	—

Date	Event & Source	Price
09/09/2022	Sold (Public Record) Public Record #1497168566	$350,000 +15.6% / yr
09/09/2022	Sold New England Real Estate Network #4910798	$350,000
07/16/2022	Pending New England Real Estate Network #4910798	—
05/21/2022	Price Change New England Real Estate Network #4910798	$374,900
05/18/2022	Listed (Active) New England Real Estate Network #4910798	$395,000
05/12/2020	Sold (Public Record) Public Record #668647994	$250,000

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

Public records

370 Rimmon Street

Baths

Total Finished SqFt

1,488 SqFt

Above Grade Finished SqFt

1,488 SqFt

Stories

Lot Size

8,000 SqFt

Style

Duplex

Schools near 370 Rimmon Street

This home is within Manchester School District.


Rating	School	Type	Grades	Distance
3/10	Gossler Park School	Public - Serves this home	PK to 4	0.2 mi
2/10	Middle School At Parkside	Public - Serves this home	5 to 8	0.3 mi
1/10	Manchester West High School	Public - Serves this home	9 to 12	0.5 mi
2/10	Henry Wilson Elementary School	Public - Nearby school	K to 5	1.6 mi
2/10	Manchester School Of Technology (High School)	Public - Choice school	9 to 12	3.0 mi
NR	St Benedict Academy	Private - Nearby school	PK to 6	0.8 mi
NR	St Joseph Regional Jr High School	Private - Nearby school	7 to 8	1.0 mi


Rating	School	Distance
3/10	Gossler Park School PublicPK to 4 Serves this home	0.2 mi
2/10	Middle School At Parkside Public5 to 8 Serves this home	0.3 mi
1/10	Manchester West High School Public9 to 12 Serves this home	0.5 mi
2/10	Henry Wilson Elementary School PublicK to 5 Nearby school	1.6 mi
2/10	Manchester School Of Technology (High School) Public9 to 12 Choice school	3.0 mi
NR	St Benedict Academy PrivatePK to 6 Nearby school	0.8 mi
NR	St Joseph Regional Jr High School Private7 to 8 Nearby school	1.0 mi

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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.