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Listed by Pierre J Peloquin • Pierre Peloquin Realty
$ 835,000
Est. payment /mo
New
373 LAKE AVE Manchester, NH 03103
6 Beds
6 Baths
3,060 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $272
MLS Listing ID 5101529
Bedrooms 6
Full Baths 6
Construction Status Existing
Year Built 1900
Annual Tax Amount $7,811
Tax Year 2026
Lot Size 4,791 Sqft
Acres 0.11
Property Description
CALL THE COPS !! Someone 's about to STEAL this AFFORDABLR 6-FAMILY !!! Features easily managed 1-Bedroom units rented to single occupants, NEW asphalt roof, updated circuit breakers, NEW 75 Gallon Gas Hot water tank (July 17th). Newer Natural Gas steam heating system, 8-car rear parking and small side yard for tenant use. Exterior was recently painted along with all porches. Will be conveyed with a new COC at closing. Current Gross Income of $78,840.00 (easily increased to $85,000.00 with moderate increases) and $17,701 operating expenses (Includes taxes). Cash-on-Cash return exceeds 10% making this a SOLID INVESTMENT !!! NOTE: Unit #1 in need of new kitchen, bath, flooring and paint. Seller is offering a $20,000.00 allowance/credit off list price to buyer for the remodeling. A terrific "value add" Investment. Showings begin Tuesday July28th at 12:00 to 1:30 "May we add three words of advice ?" "ADD TO CART " !!!!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES
Rooms
Basement Entrance Interior
Basement Full, Unfinished
Interior
Cooling None
Flooring Carpet, Hardwood, Laminate, Vinyl
Exterior
Utilities Available Cable Available
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
