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Price Change! reduced by $20,200 down 3% on March 7th 2025
$724,800 | $216 per sq.ft.
A 3  Unit Multi Family Home, in Manchester NH With 1 - One Bedroom Units | 2 - Three Bedroom Units MLS# 5029108



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Listed by Michael Sargent SrSource Real Estate on February 11th 2025


DESCRIPTION


Turnkey 3-Family Investment Property with Prime Location & Strong Rental Income! Don't miss out on this well-maintained, fully rented 3-family property, offering an exceptional opportunity for both investors and buyers looking for passive income. The property features two spacious 3-bedroom units and a cozy 1-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. With off-street parking and a side lawn area, this property offers convenient amenities for tenants while minimizing upkeep for the owner. Each tenant is responsible for their own utilities, ensuring minimal landlord costs. Situated in a prime location, just minutes from CMC Medical Center and within walking distance to shopping, dining, and several parks, this property is always in demand. Recent updates have been made to enhance the appeal and functionality of the units, ensuring long-term value and tenant satisfaction. This is the perfect opportunity for an investor seeking a low-maintenance, high-return rental property in a thriving area. Whether you're looking to add to your portfolio or secure a property that provides steady cash flow, this one is ready to go!

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UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 5
Sq.Ft.: 1374
Level: 1
Rent : 1700.00 Monthly

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 5
Sq.Ft.: 1374
Level: 2
Rent : 1500.00 Monthly

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 612
Level: 3
Rent : 1200.00 Monthly

CONSTRUCTION

Wood Frame | Vinyl Siding | Year Built: 1906
No. of Floors:3
Total Sq.Ft. Finished: 3360
Above Grade Sq.Ft.: 3360
Price Per SQ.FT. 215.71
Basement: Concrete | Concrete Floor | Full | Storage Space
Foundation: Brick | Granite
Heating: Natural Gas | Gas Heater - Vented | Gravity | Hot Air | Steam
Cooling: Individual
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
Style: Multi-Family
Roof: Shingle - Architectural
Water: Public
Sewer: Public
Garage And Parking: On-Site | Parking Spaces 6+ | Paved
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot
Lot size: 0.12 acres
Zoned: residential
Surveyed: No
Flood Zone: No
Road Frontage: 49
Driveway: Paved

PROPERTY INFORMATION

Taxes $7,112
 | Assesed Value $377,100 in 2023

AREA INFORMATION