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  • Listed by: 

    Bobbie Gaudette,

    Keller Williams Realty Metro-Concord 603-226-2220

    $763,000

    359-361 Lake Avenue, Manchester, NH 03103

    12beds
    5,322sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $774,600 Zestimate®
    $143/sqft
    $2,081 Estimated rent

    What's special

    Back on the Market! Buyer's financing fell through. 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.

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2025 at 01:38pm

    Listed by:

    Bobbie Gaudette,

    Keller Williams Realty Metro-Concord 603-226-2220

    Bought with:

    Sean Delisle

    BHHS Verani Londonderry

    Source: PrimeMLS,MLS#: 5021768MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Gas Heater, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Full,Storage Space,Unfinished,Walkout,Walk-Out Access
    Interior area
    • Total structure area: 7,096
    • Total interior livable area: 5,322 sqft
    • Finished area above ground: 5,322

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved, Off Street, On Street
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: 3,Multi-Level
    Lot
    • Size: 6,534 sqft
    • Features: City Lot, In Town, Near Hospital
    Details
    • Zoning description: Residential-Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Granite
    • Roof: Flat,Rolled/Hot Mop
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public Water - On-Site
    • Utilities for property: Cable, Phone, High Speed Intrnt -Avail

    Community & neighborhood

    Location
    • Region: Manchester

    Other

    Other facts
    • Road surface type: Paved
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $774,600
    2% more+ $15,492
    With Zillow Showcase(estimated)
    $790,092