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  • 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

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    $2,116/mo

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    $2,116/mo

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    $3,701/mo

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    $3,701/mo

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    What's special

    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.

    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#: 5008298MLS Logo

    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