$750,000 | $181 per sq.ft.
A
3
Unit Multi Family Home, in Manchester NH
With 1 - Two Bedroom Units | 2 - Three Bedroom Units MLS# 5027889
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Listed by John MoscilloRE/MAX Synergy Cell: 603-858-3548
on January 28th 2025
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DESCRIPTION
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An exceptional investment opportunity awaits with this well-maintained, three-unit mixed-use building located on the bustling Second Street in Manchester, NH, a B2 zone . Owned by the same owner for 35 years, this property offers a blend of stability and potential. The first and second floors are occupied by long-term commercial tenants, providing steady income and ideal spaces for entrepreneurs or professionals seeking visibility and accessibility. The third floor features a spacious 2-bedroom, 2-bath residential rental unit, perfect for owner-occupancy or additional income. Positioned on a high-traffic street with significant exposure, 9+ car parking and on-site signage opportunities, this property ensures maximum visibility for businesses. Located in the Manchester B2 zoning district, it allows for a variety of commercial and residential uses. This rare property offers long-term growth potential with under market rents, and an excellent addition to your portfolio. The city does have this classified as a Commercial Building so check with your lender.
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CONSTRUCTION
Wood Frame | Vinyl Siding | Exterior Color white | Year Built: 1910
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No. of Floors:3
Total Sq.Ft. Finished: 4155
Above Grade Sq.Ft.: 4155
Price Per SQ.FT. 180.51
Basement: Unfinished
Foundation: Concrete | Granite
Heating: Hot Air
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
Electric Meters:
Gas_Meters: 3
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Style: Tri-Level
Roof: Flat
Water: Public
Sewer: Public
Garage And Parking: Off Street | Parking Spaces 1 - 10 | Paved
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: Level
Lot size: 0.23 acres
Zoned: B2
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: Paved
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PROPERTY INFORMATION
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Taxes $8,555
| Assesed Value $453,600 in 2023
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AREA INFORMATION
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