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Listed by Matthew Lefebvre • Downtown Realty
$1,595,000
Est. payment /mo
10 Beds
8 Baths
5,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $295
MLS Listing ID 5085181
Bedrooms 10
Full Baths 8
Construction Status Existing
Year Built 1900
Annual Tax Amount $16,015
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated units—seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including several new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, over-improved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public garage under construction directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester's most desirable rental locations.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R3
Rooms
Basement Entrance Interior
Basement Concrete Floor, Full, Partially Finished
Interior
Cooling Wall AC Units
Exterior
Utilities Available Cable Available
Waterfront Description No
View Y/N No
View No
Roof Type Flat,Membrane
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
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