359-361 Lake Avenue , Manchester, NH 03103
Manchester, NH 03103
Description
Back on the Market! Buyer's financing fell through. 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.
Details
| MLS# | 5021768 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | (30) Under Contract - Pending |
| Year | 1905 |
| Days On Site | 70 |
| Listing Provided By | Keller Williams Realty Metro-Concord | Bobbie Gaudette |
Features
| SQ Feet | 7,096 |
|---|---|
| Garage | 1 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | Residential-Multi |
| Acreage | 0.15 |
Market Activity 03103
_20230518140439.png){kind=small}
Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03103 |
| School District | Central High School |
| Elementary School | McDonough School |
| Middle School | Hillside Middle School |
| High School | Central High School |
| Listing VS Median (in 03103) | |
Price: $800,000 low | high Med: $254,900 SqFt: 7,096 low | high Med: 1,206 $ / SqFt: $113 low | high Med: $211 On Site: 70 low | high Med: 479.000000 | |