Granite Northland Real Estate | in Manchester NH
logo  in Manchester NH
CANAAN OFFICE
3 On The Common Ln.
Canaan, NH 03741
(603)523-7200/9993
Fax:(603)523-9994
ENFIELD OFFICE
278 US RT4
Enfield, NH 03748
(603)632-5567
Fax:(603)632-5568
listings@granitenorthland.com
Listed by  25434 www.HomeZu.com on December 18th 2024

For sale $899,000 | $182 per sq.ft. | MLS# 5024879 A 5  Unit Multi Family Home, in Manchester NH With 2 - One Bedroom Units | 1 - Two Bedroom Units | 2 - Three Bedroom Units

Description:
**A Rare Investment Opportunity in the Heart of Manchester!** This well-maintained, 5-unit multifamily building offers a unique combination of residential and commercial income potential, making it a truly versatile investment. Situated in the heart of Manchester, this property has been a consistent income producer for many years and boasts a steady occupancy rate. All tenants pay their own utilities. Unit Breakdown: (2) One-bedroom units (1) Three-bedroom unit (1) Four-bedroom unit (1) Five-room office space The mix of residential and commercial spaces provides flexibility for a variety of uses, including potential owner-occupancy, small business operations, or expansion of office services. Includes 5 off street parking spots for tenants and 4 on-street parking spots. This is an exceptional opportunity for investors looking to expand their portfolio or for a hands-on owner-operator seeking a property with built-in income and future growth potential. Don't miss out!

Gross Income | $78840
 
Unit No
Beds
Baths
Rooms
Floors
Sq Ft
Furnished
Heat Inc.
Rent
Rented
1 1 1 4 512 1150.00 Yes
2
1 1 4 492 1100.00 Yes
3 4 1 1200 1460.00 Yes
Annual Expenses $0
Taxes: $5,518

Construction: Wood Frame | Exterior Color Grey | Price Per SQ.FT. 181.76 | Year Built: 1900
No. of Floors-| 3
Avail.Sq.Ft.: 5
Finished Sq.Ft.: 5618
Above Grade Sq.Ft.: 4946
Below Grade Sq.Ft.: 0
Basement: Storage Space | Unfinished
Foundation: Brick | Granite
Electric: 100 Amp | Circuit Breaker(s)
Style: Apartment Building
Trash: Cans
Utilities: Cable - Available | Gas - At Street
Electric Meters: 5
Gas_Meters: 5
Style: Apartment Building
Exterior Features: Window Screens
Roof: Flat | Membrane
Water: Metered | Public Water - At Street
Sewer: Public Sewer at Street
Garage And Parking: Assigned | Driveway | Off Street | On Street
Seasonal: No

Land Information
Lot size: 0.09 acres
Zoned: RES)
Surveyed: No
Flood Zone: No
Road Frontage: 149
Driveway: Paved

Additional Information
Taxes $5,518  | Assesed Value $292,600 in 2023

Area Information

© 1996 -2025 Granite Northland Associates Real Estate
Copyright © 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 10th, 2025
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

REALTOR LOGO equal_housing_logo PrimeMLS logo