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562 Clay St, Manchester, NH, 03103

$1,095,000

Home List Price

$10,000*

Closing Credit

0 Baths
13,248 SqFt
$83/SqFt
Multi
Schools Nearby

Location

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562 Clay St, Manchester$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1919
ViewCity
MLS #73215253
Lot Size0.11 Acres
StatusActive

About 562 Clay St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Living Area: 13,248 SqFt

Listing Office:

  • Office Name: Keller Williams Realty - Londonderry
  • Listing Agent: Doug Martin

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: Mammoth Road, Right onto Somerville St, left onto Wilson St, Right on to Clay St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $83/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Manchester, NH.

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Manchester, NH

City

Med. Sold Price

$392K

Med. Price/SqFt

$274

Avg. Days On Market

26

# of Sold Homes

56

562 Clay St vs Manchester

36 DAYS ON ROCKET

+10 Days

$1,095,000

+$703K More

$83/SqFt

-$192 Less

KEY TAKEAWAY

This property is $703K more than the Median Sold Price and $192/SqFt less than other homes in Manchester, NH.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73215253

Listing Office:

  • Office Name: Keller Williams Realty - Londonderry
  • Listing Agent: Doug Martin

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 1999Home Sold
$135,000

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1011123
3
/10

  • Jewett School

  • 130 S Jewett St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-1011124
1
/10

  • Beech Street School

  • 333 Beech St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-1011125
1
/10

  • Wilson School

  • 401 Wilson St

  • 0.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,571. The most common annual income of people living in Manchester, NH is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Hampshire›Hillsborough County›Manchester›03103›562 Clay St

This home is located at 562 Clay St in Manchester, NH and zip code 03103. This 13,248 square foot home, which was built in 1919, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,095,000.

In March 2024 more than 34 listings in Manchester, NH were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 13 were sold below. Between February 2024 and March 2024, Manchester, NH real estate market has seen decrease in the number of listings by 8%. In March 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $392,000.

From Rocket Homes Real Estate and based on county public records data.

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