$1,399,999 | $317 per sq.ft.
A
6
Unit Multi Family Home, in Manchester NH
With 3 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5095199
|
|
|
|
Listed by Matthew BaconAnagnost Realty & Development on June 17th 2026
|
DESCRIPTION
|
Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.
Appliances : Natural Gas Water Heater
|
|
|
UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 1Tenant Pays : Electric,Heat,Internet ServiceRent : 1675.00 MonthlyLease Term : Annual Signed Lease : Yes
|
UNIT 2 INFORMATION
Beds: 3Baths: 1Rooms: 0Level: 1Tenant Pays : Electric,Heat,Internet ServiceRent : 2250.00 MonthlyLease Term : Annual Signed Lease : Yes
|
UNIT 3 INFORMATION
Beds: 1Baths: 1Level: 2Tenant Pays : Electric,Heat,Internet ServiceRent : 1625.00 MonthlySigned Lease : No
|
UNIT 4 INFORMATION
Beds: 2Baths: 1Level: 2Tenant Pays : Electric,Heat,Internet ServiceRent : 1905.00 MonthlyLease Term : Annual
|
UNIT 5 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 3Tenant Pays : Electric,Heat,Internet ServiceRent : 1650.00 MonthlyLease Term : Annual Signed Lease : Yes
|
UNIT 6 INFORMATION
Beds: 2Baths: 1Tenant Pays : Electric,Heat,Internet ServiceRent : 1950.00 MonthlySigned Lease : No
|
|
|
|
CONSTRUCTION
Wood Frame | Vinyl Siding | Year Built: 1914
|
No. of Floors:3
Total Sq.Ft. Finished: 4413
Above Grade Sq.Ft.: 4413
Apx Below Grade Unfinished Sq.Ft.: 1431
Price Per SQ.FT. 317.24
Basement: Unfinished
Heating: Natural Gas | Baseboard | Hot Air
Cooling: None
Electric: 100 Amp Service
Utilities: None
Electric Meters: 7
Gas_Meters: 7
|
|
Style: Multi-Family
Roof: Membrane
Water: Public
Sewer: Public
Seasonal: No
|
|
LAND LOT INFORMAITION
|
Lot Description: Sidewalks | Street Lights
Lot size: 0.13 acres
Zoned: R3
Surveyed: Unk
Flood Zone: No
Driveway: Concrete
|
|
PROPERTY INFORMATION
|
Docs Available : Certificate of Compliance | Deed | Site Investigations | Tax Map | Town Approvals
Taxes $10,378
|
AREA INFORMATION
|
|
|
|
|
