Listing courtesy of Bobbie Gaudette, Keller Williams Realty Metro-Concord Phone: 603-226-2220
359-361 Lake Avenue, Manchester, NH, 03103
24 rooms
12 beds
3 Full baths
1905
Multi-Family, Multi-Level
5,322 sqft
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.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
Residential-Multi
Garage:
1-car Garage
Heating:
Gas Heater, Hot Water
Cooling:
None
Basement:
Full, Storage Space, Unfinished, Walkout
Parking:
Off Street, On Street
Acreage:
0.15
Est. Taxes:
$8,811
Assessment
$476,200
Lot Description:
City Lot
Elementary School:
McDonough School
Middle School:
Hillside Middle School
High School:
Central High School
School District:
Manchester Sch Dst SAU #37
MLS #:
5021768