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Ken Stempler

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

Listed by Nikki Kalantzis • Realty One Group Next Level

$ 825,000

Est. payment | -/mo

7 Beds

4 Baths

4,320 SqFt

Save

$ 825,000

Est. payment | -/mo

Save

7 Beds

4 Baths

4,320 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $190

MLS Listing ID 5093367

Bedrooms 7

Full Baths 4

Construction Status Existing

Year Built 1920

Annual Tax Amount $9,537

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesdays 6 at 6pm, Thursdays at 12pm and Saturdays at 1pm by APPOINTMENT ONLY!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Residential Multi Family

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Cooling None

Flooring Hardwood, Other

Exterior

Utilities Available Other

Roof Type Flat,Other

Building

Story 3

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

School District Manchester School District

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

575 Summer ST Manchester, NH 03103