Map
Listed price in listed location currency (USD).
$835,000

000

MLS® 5101529

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3060 sqft
Garage 
Taxes $7,811
Days Active 2
Lot Size 0.11 Acres
Approx. Age 1900
Avg. Price Per Sqft $272
MLS® Number 5101529

Property Address: 373 Lake Ave, Manchester, NH, 03103-4898

Average square foot calculated using Size range provided by listing agent.

Description

CALL THE COPS !! Someone 's about to STEAL this AFFORDABLR 6-FAMILY !!! Features easily managed 1-Bedroom units rented to single occupants, NEW asphalt roof, updated circuit breakers, NEW 75 Gallon Gas Hot water tank (July 17th). Newer Natural Gas steam heating system, 8-car rear parking and small side yard for tenant use. Exterior was recently painted along with all porches. Will be conveyed with a new COC at closing. Current Gross Income of $78, 840.00 (easily increased to $85, 000.00 with moderate increases) and $17, 701 operating expenses (Includes taxes). Cash-on-Cash return exceeds 10% making this a SOLID INVESTMENT !!! NOTE: Unit #1 in need of new kitchen, bath, flooring and paint. Seller is offering a $20, 000.00 allowance/credit off list price to buyer for the remodeling. A terrific "value add" Investment. Showings begin Tuesday July28th at 12:00 to 1:30 "May we add three words of advice ?" "ADD TO CART " !!!!
MLS® Number5101529
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Unfinished
Driveway
Garage Spaces
HeatNatural Gas, Steam
A/CNone

Extras

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