76 Summer Street # 4, Manchester MA 01966 – 4 bed 4 bath For Sale – 73318441

$ 2,197,000
76 Summer Street # 4, Manchester MA 01966,
Active

Description

This is a rare offering of an office building, situated on 16,200 sf with more than 19 parking spaces, located just 2/10 of a mile from the town center and the commuter rail. The property provides many potential investment opportunities including, subject to town approval, multiple luxury condominiums, an apartment building for short or long-term rentals, or remaining as is. Architectural plans and renderings for potential luxury condominiums have been produced and are available. In its current use, the owner estimates future annual total rents of $156,000. The large unfinished lower level provides substantial space to lease for storage, shipping, or workshops. With the potential for both immediate income and redevelopment this is an outstanding opportunity for investors and developers to capitalize on a prime location in Manchester. Renderings are of a proposed luxury condominium development which is subject to town approval.

Address: 76 Summer Street # 4, Manchester MA 01966
State/County:
Zip: 01966
Country: United States

Property Id: 1747287
Price: $ 2,197,000
Property Size: 10,644.00 ft2
Property Lot Size: 0.37 ft2
Rooms: 23
Bedrooms: 4
Bathrooms: 4
Full Bath: 4
Total Bathrooms: 4
Disclosures: N
Basement: Y
Last Updated: 2024-12-12T08:27:36.111Z
Building Area Source: Plans
Building Area Total: 10644
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Highway Access,Marina,Public School
Construction Materials: Frame
Cooling: Central Air
Covered Spaces: 1
Directions: SUMMER STREET
Disclosures: Renderings are of a proposed luxury condominium development which is subject to town approval.
Entry Level: 1
Entry Location: Unit Placement(Street)
Expiration Date: 1900-01-01
Garage Spaces: 1
Heating: Heat Pump
List Agent MlsId: C4404924
List Office MlsId: AN4955
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-12-08
Listing ID: 73318441
Lot Size: 0.37
Lot Size SqFt: 16200
Lot Size Units: Acres
Cooling Zones: 4
Heating Zones: 4
Lead Paint: None
Listing Alert: No
Price Per SqFt: 206.41
Days in Market: 4
Total Days on Market: 4
MLS PIN Page: 369
Price Per SqFt: 206.41
Living Area Disclosure: Includes
Living Area Includes Basement: No
Units in Building: 4
Water View: No
MLS Status: Active
Last Updated: 2024-12-12T08:05:00.000Z
Number Of Units: 8
Original List Date: 2024-12-08T16:02:00.000Z
Original List Price: 2197000
Parcel Number: 2017734
Total Parking: 19
Roof: Shingle
Master Bathroom Features: Yes
Sewer: Public Sewer
State: MA
Status Change Time: 2024-12-08T16:02:00.000Z
Total Stories: 3
Structure Type: Townhouse
Tax Annua lAmount: 11135
Tax Assessed Value: 1190900
Tax Book Number: 38041
Tax Lot: 8
Tax Map Number: 47
Tax Year: 2024
Unit Number: 4
Water Source: Public
Waterfront Features: Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Year Built: 1900
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: G

Other Features
Has Cooling System
Has Garage
Has Heating System

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 12,588.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 10,537.70

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