Listed by Bobbie Gaudette with Keller Williams Realty Metro-Concord 603-226-2220
Active
359-361 Lake Avenue
Manchester NH, 03103
$800,000
$150.32 per sqft
Active
12 Beds
3 Baths
5,322 sqft
Multi-family
Built in 1905
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.
5021768
MLSⓇ ID
November 11, 2024
Listed
November 18, 2024
Updated
Map
359-361 Lake Avenue
Manchester NH, 03103
Interior Features
Bedrooms
12
Total Bathrooms
3
Floor Description
Carpet, Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Gas Heater, Hot Water, Gas - Natural
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
In Town, Near Hospital
Roof
Flat, Rolled
Sewer
Public
School Information
School District
Annual
High School
Central High School
Elementary School
McDonough School
Other Property Details
Area Name
NH-Hillsborough
Taxes
$8,811
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
1
Parking
Off Street, On Street
View
No
Pool
No
Listed by Bobbie Gaudette with Keller Williams Realty Metro-Concord 603-226-2220
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