$550,000
null, Manchester NH 03104
Manchester
Listing Courtesy of
Amanda Plecinoga
Keller Williams Realty-Metropolitan - 603-232-8282
null, Manchester NH 03104
Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
Listing Courtesy of
Amanda Plecinoga
Keller Williams Realty-Metropolitan - 603-232-8282
DETAILS
- Listing Id5049386
- StatusActive
- TypeMulti-Family
- Year Built1890
- BasementYes
- Basement Access TypeInterior
- Basement DescriptionFull, Unfinished
- ColorTan
- Construction StatusExisting
- CoolingNone
- DrivewayPaved
- ElectricCircuit Breaker(s)
- Electric CompanyEversource
- Flood ZoneUnknown
- FlooringCarpet, Laminate, Vinyl
- FoundationConcrete,Stone
- Fuel CompanyLiberty Gas
- GarageYes
- Garage Capacity2
- HeatingNatural Gas,Forced Air
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length68
- RoofShingle - Asphalt, Slate
- School DistrictManchester Sch Dst SAU #37
- School ElementaryMcDonough School
- School HighManchester Central High Sch
- School Middle JrHillside Middle School
- SewerPublic
- Total Stories2
- UtilitiesGas - On-Site
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