373 LAKE AVE, Manchester, NH 03103
373 LAKE AVE, Manchester, NH 03103
373 LAKE AVE, Manchester, NH 03103
Additional details
Listed by Pierre J Peloquin • Pierre Peloquin Realty
$835,000
Est. payment /mo
6 Beds
6 Baths
3,060 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $272

MLS Listing ID 5101529

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,811

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property 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 " !!!!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning RES

Rooms

Basement Entrance Interior

Basement Full, Unfinished

Interior

Cooling None

Flooring Carpet, Hardwood, Laminate, Vinyl

Exterior

Utilities Available Cable Available

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public

Architectural Style Multi-Family

Construction Status Existing


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Alan Larrabee

Alan Larrabee

+1(603) 400-6379

Broker | NHNH 071830, MA 83401

Broker NHNH 071830, MA 83401

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