For sale $800,000 | $150 per sq.ft. | MLS# 5021768
A
3
Unit Multi Family Home, in Manchester NH
With 3 - Three Bedroom Units
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Description:
This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.
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Gross Income | $81000
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Unit No |
Beds |
Baths |
Rooms |
Floors |
Sq Ft |
Furnished |
Heat Inc. |
Rent |
Rented |
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4 |
1 |
8 |
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1774 |
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2150.00 |
Yes |
2 |
4 |
1 |
8 |
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1774 |
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2300.00 |
Yes |
| 3 |
4 |
1 |
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1774 |
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2300.00 |
Yes |
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Annual Expenses
$0
Taxes: $8,811 |
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Construction: Wood Frame | Vinyl Siding | Exterior Color White | Price Per SQ.FT. 150.32 | Year Built: 1905
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No. of Floors-| 3
Avail.Sq.Ft.: 3
Finished Sq.Ft.: 7096
Above Grade Sq.Ft.: 5322
Below Grade Sq.Ft.: 0
Basement: Full | Storage Space | Unfinished | Walkout
Foundation: Granite
Electric: 100 Amp | Circuit Breaker(s)
Style: Multi-Family | Multi-Level
Trash: Curbside | Municipal
Utilities: Cable | Phone
Electric Meters: 4
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Style: Multi-Family | Multi-Level
Roof: Flat | Rolled
Water: Public Water - On-Site
Sewer: Public
Garage And Parking: Off Street | On Street
Seasonal: No
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