562 Clay Street, Manchester, NH 03103

$1,095,000

0 beds 0 baths 13,248 sqft Built 19194 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$7,862/mo

Real estate (PITI + HOA + PMI): $7,499
Utilities: $1,118
Transportation: $105
Other (entertainment): $170

Your monthly budget

Budget$8,362/mo

Remaining after TLC$500/mo

Purchase price

$1,095,000

Down payment

$54,750 (5%)

Loan amount

$1,040,250

APR

Quick facts

Type

5+ Family - 5+ Units Up/Down

Style

—

Year built

1919

Lot size

0.11 ac

Stories

Heating

—

Cooling

—

Water

Public

HOA

—

Annual tax

$7,040

MLS #

73215253

County

Hillsborough

Home features

Community

ShoppingLaundromatPublic SchoolSidewalks

Roof

Rubber

Sewer

Public Sewer

Neighborhood — 03103

Metric	This ZIP	County	USA
Population	34,343	1,328,860	299,088,112
Population Change Since1990	9.00%	20.00%	20.00%
Population Density	3,437	143	—
Male	16,876	656,203	147,432,321
Female	17,467	672,657	151,655,844
Never Married	8,239	268,944	63,775,926
Married	13,227	602,538	123,120,365
Separated	904	37,748	12,639,686
Widowed	1,802	63,902	15,467,586
Divorced	3,561	113,912	23,075,029
Number Of House Hold	13,725	499,581	111,826,380
Average House Hold Size	2.49	2.58	2.60
Medial Age	35.88	38.45	35.46
Median House Hold Income	$42,724	$56,270	$48,276
Average House Hold Income	$51,245	$68,940	$63,629
P C I	$20,818	$26,652	$24,529
M D I	$37,213	$47,101	$41,133
A T H E	$44,385	$54,123	$50,898
S T R	0.00%	0.00%	—
W C J	76.60%	77.83%	77.74%

(Zip) Code

3103

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 562 Clay Street, Manchester, NH 03103 on walkscore.com →

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Listing information last refreshed 3/21/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.