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359-361 Lake AvenueManchester, NH 03103MLS Number 5021768

  • Price: $800,000
  • Est. Mortgage of $/month
  • 21 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
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359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103359-361 Lake Avenue Manchester NH 03103
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  • 3Bathrooms
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.
Listed by Bobbie Gaudette of Keller Williams Realty Metro-Concord

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Gilman Real Estate

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Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

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Tax Information

  • Tax Year2024

Building

  • Year Built1905
  • Building ConstructionWood Frame, Vinyl Siding
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms4
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms8
  • Unit 2 Bath1
  • Unit 2 Bedrooms4
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms8
  • Unit 3 Bath1
  • Unit 3 Bedrooms4
  • Unit 3 Floor Location3
  • Unit 3 Total Rooms8
  • # of 3+ Bedrooms3
  • Bathroom3
  • Total Baths3
  • BasementFull, Storage Space, Unfinished, Walkout
  • FoundationGranite

Basic Information

  • StatusACT
  • List Price$800,000
  • Date Price Change11/11/2024
  • MLS Number5021768
  • MLS StatusActive

Property

  • Acreage0.15
  • GarageYes
  • Parking Spaces1
  • Lot DescriptionCity Lot, In Town, Near Hospital
  • Lot/
  • Square Feet5,322
  • APX Fin AG Sqft5,322
  • AreaNH-Hillsborough

Utilities

  • Heat SystemNatural Gas, Gas Heater, Hot Water
  • Electric100 Amp, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, Phone

Location

  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • ZoningResidential-Multi
  • Elementary SchoolMcDonough School
  • Junior HighHillside Middle School
  • High SchoolCentral High School
  • Address359-361 Lake Avenue
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood

Exterior

  • RoofFlat, Rolled
  • Exterior ColorWhite

Amenities

  • PricePerSqFt150.32

Other

  • Taxes$8,811.39
  • Seasonal Y/NNo
  • TrashCurbside, Municipal
  • Date Listed11/11/2024
  • Unit 1 Deposit$2,150
  • Unit 2 Rent Amount$2,300
  • Unit 3 Rent Amount$2,300
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 2, 2024 2:22 AM EST

 

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