$800,000 ($150.32 per sqft)

Pending

Est. Mortgage $4,045/mo *

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Listing courtesy of Bobbie Gaudette, Keller Williams Realty Metro-Concord Phone: 603-226-2220

359-361 Lake Avenue, Manchester, NH, 03103

359-361 Lake Avenue, Manchester, NH, 03103
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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:

Pending

Type:

Multi-family

Units:

3

Zoning:

Residential-Multi

Garage:

1-car Garage

Heating:

Natural Gas, 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,In Town,Near Hospital

Elementary School:

McDonough School

Middle School:

Hillside Middle School

High School:

Central High School

School District:

Manchester Sch Dst SAU #37

MLS #:

5021768

Community Info

School Info

Walk Score

Mass Transit

Yelp

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