747 Beech St, Manchester, NH

House

For Sale

Listed price in listed location currency (USD).

$850,000

001

MLS® 5110281

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 3223 sqft

Garage Yes

Taxes $6,702

Days Active 3

Lot Size 0.14 Acres

Approx. Age 1920

Avg. Price Per Sqft $263

MLS® Number 5110281

Property Address: 747 Beech St, Manchester, NH, 03104-3631

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

Description

Calling all investors and owner occupants looking for a true TURNKEY money maker! 747 Beach Street offers the rare opportunity to own a completely renovated 3 family where the work has already been done! Complete renovation redone down to the studs with a 3rd floor addition, creating a low maintenance investment designed to produce income without inheriting someone else’s deferred maintenance. Offering two spacious 3 bedroom units plus a 2 bedroom unit, each apartment features its own laundry and updated finishes throughout. With projected annual rents of approximately $88, 200 and a 9%+ cap rate, the numbers speak for themselves. Plenty of off street parking plus a garage add even more value and convenience for tenants. Whether you’re looking to add a strong performing asset to your portfolio or owner occupy and let the other units help offset your mortgage, this property checks all the boxes. Fresh, updated, income producing and ready to go from day one. Opportunities to purchase a multifamily this extensively renovated don’t come around often!

MLS® Number5110281

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1920

BasementUnfinished

DrivewayPaved

Garage Spaces

HeatNatural Gas

A/CNone

Extras

Map

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