Don’t miss this killer investment opportunity in the heart of downtown Manchester! This stabilized 3-family property boasts three spacious 3-bedroom, 1-bathroom units. With two units already rented and tenants covering their own heat, electric, and hot water, it's a super low-hassle investment for you. The property pulled in a solid gross income of $53,600 last year, with expenses at $10,122, giving you an estimated net income of $43,478 per year. Plus, there's still room to bump up rents to market rates, offering even more potential for growth. The third-floor unit is vacant and has been recently updated, making it the perfect house hack. Live in the freshly renovated unit and let the rental income from the other two units help pay your mortgage! This is another fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income, potential for rent increases, a prime downtown location, and significant value add potential. Schedule your showing today to get a look for yourself.
Closed
Listed by:
Breandan Garland,
REAL Broker NH, LLC 855-450-0442
$580,000
201 Auburn Street, Manchester, NH 03103
9beds
3,300sqft
Multi Family
Built in 1900
-- sqft lot
$672,900 Zestimate®
$176/sqft
$2,116 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 26, 2024 at 02:26pm
Listed by:
Breandan Garland,
REAL Broker NH, LLC 855-450-0442
Bought with:
Justin Waitt
Elevated Property Solutions LLC
Source: PrimeMLS,MLS#: 5008298

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Forced Air
Cooling
- None
Features
- Basement: Full,Interior Entry
Interior area
- Total structure area: 4,500
- Total interior livable area: 3,300 sqft
- Finished area above ground: 3,300
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: 3
- Frontage length: Road frontage: 50
Lot
- Size: 2,614 sqft
- Features: City Lot
Details
- Parcel number: MNCHM0068B000L0044
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Granite
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, High Speed Intrnt -AtSite
Community & neighborhood
Location
- Region: Manchester
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$672,900
2% more+$13,458
With Zillow Showcase(estimated)$686,358