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Ken Stempler

ken@trilogyrealty.group +1(603) 759-3433

Listed by Matthew Lefebvre • Downtown Realty

$ 900,000

Est. payment | -/mo

12 Beds

4 Baths

4,000 SqFt

Save

$ 900,000

Est. payment | -/mo

Save

12 Beds

4 Baths

4,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $225

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

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(603) 759-3433

ken@trilogyrealty.group

Learn More About LPT Realty

412 Manchester ST Manchester, NH 03103