A great investment! This 4-unit property sits on a "larger than most" corner lot with off-street parking as well as ample on-street parking. This unique property features a fenced-in backyard and four 2+BR units with long-term tenants. Each unit includes bonus space/flex rooms as well as brand new porches/balconies. The main building offers 3 spacious apartments (1,500 sq ft each) while the attached two-story cottage features 1.5BA, private entrances and separate off-street parking. All units have washer/dryer hookups and separate utilities, paid by tenants (aside from 1). CoC just issued and roof was replaced last month. Current rental income is over $70K/year with room for increases. Please drive by, do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/preapproval.

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Tax Information

Tax Year2024

Building

Year Built1910
Building ConstructionVinyl Siding
StyleApartment Building
Units4
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location2
Unit 2 Style2nd Floor
Unit 2 Total Rooms6
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location3
Unit 3 Style3rd Floor
Unit 3 Total Rooms6
Unit 4 Bath2
Unit 4 Floor Location1 and 2
Unit 4 Total Rooms6
# of 2 Bedrooms2
# of 3+ Bedrooms4
BasementConcrete Floor, Daylight, Unfinished, Stairs - Basement
FoundationConcrete, Fieldstone, Granite

Basic Information

Virtual TourView Tour
StatusPEN
List Price$799,900
Date Price Change05/29/2025
MLS Number5043663
MLS StatusPending

Property

Acreage0.15
GarageNo
Parking Spaces
Lot DescriptionCorner
Lot23
Square Feet5,352
APX Fin AG Sqft5,352
RoadsPublic Maintained Road
AreaNH-Hillsborough

Amenities

Exterior AmenitiesBalcony, Fence - Full, Garden Space, Porch - Covered
PricePerSqFt149.46

Other

Taxes$10,545
Seasonal Y/NNo
TrashCans, Curbside, Municipal
Date Listed05/29/2025
Unit 1 Deposit$1,650
Unit 2 Rent Amount$1,550
Unit 3 Rent Amount$1,500
Unit 4 Rent amount$315

Location

TownManchester
StateNH
Zip03103
CountyHillsborough
ZoningRes-M
Elementary SchoolHenry Wilson School
Junior HighMcLaughlin Middle School
High SchoolManchester Central High Sch
Address346 Lake Avenue
Flood Zone Y/NNo

Interior

FloorsCarpet, Hardwood, Laminate, Vinyl

Exterior

RoofShingle
Exterior Colorwhite

Utilities

Heat SystemNatural Gas, Oil, Alternative Heat Stove, Baseboard, Gas Heater, Hot Water, Individual, Stove - 2, Stove - Gas
WaterPublic
Water HeaterWater Heater – Electric, Water Heater–Natural Gas, Water Heater – Off Boiler, Water Heater – Separate, Water Heater – Tank
Electric100 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesCable

Copyright 2025 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 June 18, 2025 3:37 AM EDT

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346 Lake AvenueManchester, NH 03103MLS Number 5043663

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