562 Clay Street

Manchester, NH 03103

$1,095,000
Price
Beds
13,248 Sq. Ft.
$83 / Sq. Ft.
13,248
Sq. Ft.
$83
per Sq. Ft.

Description

This fully approved conversion project in the bustling city of Manchester, NH, offers 13,000+ square foot tri-level residential apartments with elevated city views. This former warehouse is ready for redevelopment with no excavation required due to the sound building structure and foundation. The plans include 14 residential units at market rate:- 8 one-bedroom units- 4 two-bedroom units- 2 three-bedroom unitsEnhancements and added value include on-premises laundry, bike storage, and off-street parking....This fully approved conversion project in the bustling city of Manchester, NH, offers 13,000+ square foot tri-level residential apartments with elevated city views. This former warehouse is ready for redevelopment with no excavation required due to the sound building structure and foundation. The plans include 14 residential units at market rate:- 8 one-bedroom units- 4 two-bedroom units- 2 three-bedroom unitsEnhancements and added value include on-premises laundry, bike storage, and off-street parking. Manchester is one of the top urban markets in the country. There is a high demand for housing in the city of Manchester. The proforma and approved plans can be provided with a signed NDA.
  1. Listed by Doug Martin • Keller Williams Realty - Londonderry

Property Details for 562 Clay Street

Town
Manchester
Area
NH-Manchester
Garage Spaces
0
Parking Spaces
9.00
Parking Spaces Total
9

Location

Listing Courtesy of Keller Williams Realty - Londonderry
Add your commute
LISTING UPDATED: 03/25/2024 04:07 AM

Property Details for 562 Clay Street

StatusActive
MLS #73215253
Days on Market53
Taxes$7,040 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1919
CountyHillsborough County

Location

Listing Courtesy of Keller Williams Realty - Londonderry
Add your commute

Building Information for 562 Clay Street

Stories3Residences14Year Built1919Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$6,563 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$587

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 562 Clay Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Laundromat, Public School, Sidewalks
  • Living Area: 13248.0
  • SqFt with Basement: No
  • Total Units: 14
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Full Baths: 0
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Rubber
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 264/0012,108858
  • Assessments: $373,300
  • Book: 9703
  • Tax Year: 2023
  • Zoning: R-3
Building / Association Information
Living Characteristics
  • Beds Total: 0
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Frontage: 50.00
Income / Expenses
  • GOI: $46,800.00
  • NOI: $46,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 0
Rental Info
Rental Info
  • Total Actual Rent: $3,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 562 Clay 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 562 Clay Street

Taxable ValueLand$102,600Additions$270,700Total$373,300
Tax Record2023$7,040 ($587 / month)
Home Facts
Total Finished SqFt8,832 SqFtAbove Grade Finished SqFt8,832 SqFtStories2Lot Size5,000 SqFtStyleMiscellaneous CommercialYear Built1919CountyHILLSBOROUGHAPNMNCH M:0264 B:000 L:0012

Schools near 562 Clay 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
Jewett School
PublicPK to 5

Southside Middle School
Public6 to 8

Manchester Memorial 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.

Similar Homes

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562 Clay Street is a multi-family home for sale in Manchester, NH 03103. This property was listed for sale on March 21, 2024 by Keller Williams Realty - Londonderry, it's currently listed at $1,095,000. It has been on the market for a total of 53 days and was last sold on May 7, 1999. This listing's school district is Manchester School District. Nearby schools include Jewett School, Southside Middle School and Manchester Memorial High School. 562 Clay Street is a 0-bed, 0-bath, 13,248 sqft multi-family home built in 1919.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty - Londonderry

Based on information from one of the following Multiple Listing Services: New England Real Estate Network, Maine Listings. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by New England Real Estate Network, Maine Listings is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated: 05/13/2024 10:37 AM