Listed by Rich Racine with RE/MAX Innovative Properties [email protected]

Under contract

221 Lake Avenue

Manchester NH, 03103

$600,000


$175.03 per sqft

Under contract

9 Beds

3 Baths

3,428 sqft

Multi-family

Built in 1920

Saturday 15th Open House ONLY. Welcome to 221 Lake Ave, a beautifully renovated 3-unit multifamily property in the heart of Manchester, NH. This well-maintained building offers three spacious 3-bedroom, 1-bath units, making it an ideal investment opportunity or a perfect home for an owner-occupant.Unit 1 - Owner Occupant Opportunity: The first-floor unit is vacant and completely renovated, offering a modern living space with fresh finishes throughout. Featuring new flooring, updated kitchen and bathroom, and ample natural light, this unit is ready for you to move in and make it your own. With three generously-sized bedrooms and a full bath, it's the perfect place to call home while enjoying rental income from the other units. Units 2 & 3 - Investment Potential:Both the second and third-floor units are currently rented, providing an excellent opportunity for steady cash flow. These units also offer three bedrooms and one bathroom, with plenty of space for tenants to enjoy. Off Street parking for 6 cars. Showings to start at open house on 2/15 from 1pm-3pm No other showings outside of those times. Agent Interest

5029206

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms

9


Total Bathrooms

3


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Rolled


Sewer

Public

School Information

School District

Annual


High School

Manchester Central High Sch


Elementary School

Beech Street School

Other Property Details

Area Name

NH-Hillsborough


Taxes

$6,695


Tax Frequency

Annually


Days on Market

7


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

2/20/2025

Under contract

Listed by Rich Racine with RE/MAX Innovative Properties [email protected]

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