Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.
| MLS # | 5095199 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1914 |
| Days On Site | 101 |
| Listing Provided By | Anagnost Realty & Development | Matthew Bacon |
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Zoning | R3 |
| Acreage | 0.13 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Natural Gas, Baseboard, Hot Air |
| Appliances | Natural Gas Water Heater |
| Roof | Membrane |
|---|---|
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Block |
| Lot Features | Sidewalks, Street Lights |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached |
| Utilities | None |
|---|---|
| Electric | 100 Amp Service |
| Sewer | Public Sewer |
| Tax Annual Amount | 10378.41 |
|---|---|
| Tax Block | 0000 |
| Tax Lot | 0028 |
| Tax Year | 2024 |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03103 |
| Area | NH Hillsborough |
| Listing VS Median (in 03103) | |
Price: $1,399,999 low | high Med: $0 On site: 101 low | high Med: | |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03103 |
| Area | NH Hillsborough |
| Listing VS Median (in 03103) | |
Price: $1,399,999 low | high Med: $0 On site: 101 low | high Med: | |