Active under contract
  • Listed by: 

    Amanda Plecinoga,

    Keller Williams Realty-Metropolitan 603-232-8282

    $550,000

     Manchester, NH 03104

    6beds
    3,638sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Ground-level commercial space
    Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
    73 days
    on Zillow
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