Discover this exceptional 3-unit property located in the heart of Manchester, NH--one of the state's most sought-after rental markets. This investment gem is perfectly situated within walking distance to schools for all grades, public transportation, and the vibrant downtown area filled with trendy restaurants and shops. Each unit boasts separate utilities, including efficient natural gas heating, ensuring ease of management and tenant convenience. The property sits on an oversized city lot, providing ample off-street parking--a rare find in this bustling area. The property features 7 garage bays and a large shed, offering potential for extra income or valuable storage space. The shed and 3 garage bays are currently rented and bringing in $745 in monthly income. The upstairs 3-bedroom unit spans over 1,500 sq ft, providing spacious living that's highly desirable in this market for renters and owner occupants alike. All units are currently rented at below-market rates and tenants are on month-to-month leases, offering significant potential for increased income. The large, accessible basement provides even more storage opportunities for each unit. Whether you're a seasoned investor or looking to start your real estate portfolio, this property presents a unique blend of location, amenities, and income potential that's hard to match. Don't miss out on this lucrative investment in Manchester's thriving rental market! Showings begin at Open House on Saturday 8/17 from 11-1.
Location : Near Shopping | Near Public Transportatn
Operating Expenses : Insurance,Maintenance,Snow Removal,Water/Sewer
Construction: Timber Frame | Vinyl Siding
Year Built: 1820
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5382
Above Grade Sq.Ft.: 3254
Basement: Bulkhead | Storage Space | Unfinished | Interior Access
Foundation: Concrete | Block w/ Skim Coating
Exterior Features:
Outbuilding | Porch - Enclosed | Storage
Exterior Color: White
Roof: Membrane | Shingle
Garage And Parking: Driveway | Garage | Off Street | Parking Spaces 5 - 10 | Paved
Seasonal: No
Heating: Hot Water | Monitor Type | Mini Split
Cooling: Mini Split
HeatFuel: Gas - Natural
Electric: 100 Amp
Utilities: Cable - At Site | Gas - On-Site
Electric Meters: 3
Gas_Meters: 3
Water: Public Water - On-Site
Sewer: Public Sewer On-Site
Land Information
City Lot | Corner | Near School(s)
Lot size: 0.28 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 220
Driveway: Paved