Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it’s conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.
Mls | 5017417 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | (30) Under Contract - Pending |
Year | 1900 |
Days On Site | 64 |
Listing Provided By | Keller Williams Realty-Metropolitan | Doug Martin |
Sq Feet | 15,276 |
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Basement | Y |
Storys | 3 |
Units | 11 |
Zoning | R-2 |
Acreage | 0.22 |
State | NH |
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County | Hillsborough |
City | Manchester |
Zip Code | 03104 |
Listing VS Median (in 03104) | |
Price: $2,135,000 low | high Med: $2,970 SqFt: 15,276 low | high Med: 1,680 $ / SqFt: $140 low | high Med: $2 On Site: 64 low | high Med: 6.000000 |