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1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This Â±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.
Property Type: Multi Family Home
Sub Type: Multi-Family
Listing Status: Active
County/Area: Hillsborough County
Zip Code: 03101
Year Built: 1890
Sq.Ft.: 25,276 sq ft
Style: Apartment Building, Multi-Family
Units: 27 units
Full Baths: 27
Basement: Bulkhead, Concrete Floor, No Tenant Access, Unfinished, Walkout, Yes
Lot Size: 8712 sq ft
Area Description: Business District, Commercial Zoning, In Town
Construction Status: Existing
Delayed Showing: No
Electric: Circuit Breaker(S)
Heat Fuel: Gas - Natural
Heating: Hot Water
Lot - Sqft: 8712
Lot Description: City Lot, Major Road Frontage
Parking: Leased, Off-Site, Off Street, Parking Spaces 21+, Paved
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Data last updated 2019-01-20.