396-398 Cedar Street, Manchester NH 03103

5-unit multifamily property on the East Side of Manchester consisting of two triple-deckers totaling four 2-bed, 1-bath units and one 1-bed, 1-bath unit. The upstairs apartment in the front building spans the second and third floors and is owner-occupied by members of a family that has owned the property for nearly 100 years. Three of the other four apartments are rented to tenants-at-will at below market rates and one apartment is being purposely held vacant for the next buyer. Plenty of upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. A driveway provides two off-street parking spaces and there is ample street parking available in the vicinity. The property’s certificate of compliance (COC) is active and is in the process of being renewed. Delayed showings will begin Friday, April 21st.