$800,000
359-361 Lake Avenue
Manchester
Listing Courtesy of
Bobbie Gaudette
Keller Williams Realty Metro-Concord - 603-226-2220
359-361 Lake Avenue, Manchester NH 03103
This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.
Listing Courtesy of
Bobbie Gaudette
Keller Williams Realty Metro-Concord - 603-226-2220
DETAILS
- Listing Id5021768
- StatusActive
- TypeMulti-Family
- Year Built1905
- AppliancesWater Heater – Owned, Water Heater – Separate
- Area DescriptionIn Town, Near Hospital
- BasementYes
- Basement Access TypeWalkout
- Basement DescriptionFull, Storage Space, Unfinished, Walkout
- ColorWhite
- Construction StatusExisting
- CoolingNone
- DrivewayPaved
- Electric100 Amp, Circuit Breaker(s)
- Flood ZoneNo
- FlooringCarpet, Hardwood
- FoundationGranite
- GarageYes
- Garage Capacity1
- Heat FuelGas - Natural
- HeatingGas Heater,Hot Water
- Pre-ConstructionNo
- Road FrontageTBD
- RoadsPaved, Public
- RoofFlat, Rolled
- School DistrictManchester Sch Dst SAU #37
- School ElementaryMcDonough School
- School HighCentral High School
- School Middle JrHillside Middle School
- SewerPublic
- Total Stories3
- UtilitiesCable, Phone
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