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Listed by Matthew Lefebvre • Downtown Realty
$ 925,000
Est. payment /mo
New
412 Manchester ST Manchester, NH 03103
12 Beds
4 Baths
4,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $231
MLS Listing ID 5086869
Bedrooms 12
Full Baths 4
Construction Status Existing
Year Built 1915
Annual Tax Amount $8,425
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Great opportunity to own a large, clean, fully renovated four-unit building near Manchester's Hanover Hill neighborhood. This turnkey investment has been thoughtfully updated by the current owner with quality upgrades and modern finishes, making it ideal for both seasoned investors and owner-occupants. The building had a complete roof replacement and new asphalt paving laid in 2019, followed by new blown-in insulation installed throughout, two new forced air furnaces with new ducting, and four Rinnai on-demand water heaters installed in 2021, greatly increasing the building's energy efficiency and comfort. The two first-floor units are generously sized two-bedroom/one-bathroom apartments while the upper two floors are massive four-bedroom townhouse-style apartments. Every unit includes updated kitchens with newer appliances and clean white cabinetry, renovated bathrooms with modern fixtures, and washer and dryer hookups for added convenience. The interiors feature vinyl plank flooring, neutral tones, and bright, sun-filled living spaces. All units are separately metered, and tenants are responsible for their own utilities, offering strong cash flow potential and lower operating costs. All electrical panels have been recently upgraded too. With plenty of off-street parking, large clean units, and no major capital expenditures on the horizon, this property is ready to generate income from day one.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R3
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Other
Waterfront Description No
View Y/N No
View No
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
