$725,000
366 Kelley Street
Manchester
Listing Courtesy of
Chelsea Leveille
Keller Williams Realty-Metropolitan - 603-232-8282
366 Kelley Street, Manchester NH 03102
Fantastic Investment Opportunity – Fully Rented 4-Unit Mixed-Use Property with Nearly 9% Cap Rate! This exceptional four-unit building is a rare find, offering a strong return with gross annual rent exceeding $76,000 and a cap rate approaching 9%. Perfect for savvy investors looking to expand their portfolio with a fullyleased, turn-key asset. The property features three beautifully updated residential units—two 1-bedroom units and one spacious 3-bedroom unit—all in excellentcondition. In addition, the building includes a versatile commercial space currently operating as a restaurant-style unit, with the potential to be easily split into twocommercial storefronts, as it once was. Extensive upgrades were completed in 2013–2014, including all-new electrical, plumbing, siding, and roofing, ensuring lowmaintenance for years to come. Other highlights include: • Fully rented with stable income • Excellent condition throughout • Off-street parking for tenants• Located in a high-visibility area with strong rental demand Whether you’re looking to generate immediate cash flow or explore future development potential, thisproperty checks all the boxes. Don’t miss out on this solid income-producing asset! ALL tenants would love the opportunity to renew lease! GROUP SHOWINGS ONLYbeginning SUNDAY June 29 1-2:30 with pre-confirmed attendance only.
Listing Courtesy of
Chelsea Leveille
Keller Williams Realty-Metropolitan - 603-232-8282
DETAILS
- Listing Id5049074
- StatusActive
- TypeCommercial Sale
- Year Built1940
- BasementYes
- Basement Access TypeWalk-up
- Basement DescriptionConcrete
- CoolingNone
- ElectricCircuit Breaker(s)
- Electric CompanyEversource
- Flood ZoneNo
- FoundationConcrete
- Fuel CompanyLiberty Utilities
- HeatingForced Air,Hot Water
- Pre-ConstructionNo
- Road FrontageYes
- RoofRolled
- SewerPublic
- UtilitiesCable, Gas - On-Site
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