389 Lake Avenue, Manchester, New Hampshire 03103

Listing Courtesy of : Greg Powers from Keller Williams Realty-Metropolitan

Selling Office: BHHS Verani Bedford

$1,100,000
6,690
SqFt
Sold Price
$1,100,000
List Price
$1,200,000
Status
CLOSED
MLS#
4942116
Living Area
6,690
Lot Size (Acres)
0.21
Style
Apartment Building
Year Built
1920

Property Description

Looking to add a mid-sized multi to your portfolio? Longer-term tenants mean the rents are pretty conservative at current levels, and the current owner pays natural gas heat and hot water as well as electricity, so you can keep that in place for simpler maintenance, or possibly look into splitting some utilities off for a value-add play. Building is comprised of four large studio/1br units, six 1br units, and a 2bed/2bath "cottage" at the rear. Off street parking for two vehicles, but the flat yard provides extra space. Coin-op laundry provides some additional income, and there's a shed that you can keep for your own use or rent that out as well. COC good through November 2025.

Additional Information

Parking Description
Parking Spaces 2
Water Source
Public
Lot Description
City Lot
Roof
Rolled, Shingle - Asphalt
Water
Public
Sewer
Public
Elementary School
Henry Wilson School
Middle School
Hillside Middle School
High School
Central High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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