346 Lake AVE Under Contract

Manchester,NH 03103

$ 800000

10 Beds

5 Baths

5352 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,352 sqft

Price per Sqft $149

MLS Listing ID 5016599

Bedrooms 10

Full Baths 5

Construction Status Existing

Year Built 1910

Annual Tax Amount $10,545

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

A great investment! This 4-unit property is available for the first time in 25 years and sits on a .15 acre corner lot with off-street parking as well as ample on-street parking. This unique property features Two 3BR and two 2BR units, some with long-term tenants. The main building offers 3 spacious apartments (1,500 sq ft each), including a first floor 2BR unit that could easily be converted back to 3BR. Looking for owner/occupy? The attached two-story 2BR cottage features 1.5BA and private entrances and separate parking spaces. All units have washer/dryer hookups and separate utilities, paid by tenants. Roof/windows have been replaced slowly over the last 15 years. Current rental income is $70K/year with room for increases. Please drive by but do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/qualifications during specific hours over the weekend.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning RES-M

Rooms

Basement Entrance Interior

Basement Concrete Floor,Stairs - Interior,Unfinished,Interior Access,Stairs - Basement

Interior

Heating Gas - Natural,Oil

Cooling None

Flooring Carpet,Vinyl

Exterior

Garage Description Assigned,Driveway,Off Street,On Street,Parking Spaces 5 - 10,Paved

Utilities Available Gas - On-Site

Roof Type Flat,Membrane

Building

Story 3

Foundation Below Frost Line,Concrete,Granite

Sewer Public

Construction Status Existing

Schools

Elementary Schools Henry Wilson School

Middle Schools Mclaughlin Middle School

High Schools Manchester Central High Sch

School District Manchester School District

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