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+16033617330
REEN USA
373 Lake Ave, Manchester, NH 03103
- $762,000
- 3,060
- SqFt
Listing courtesy of Pierre J Peloquin from Pierre Peloquin Realty. ()
Listing sold by from Pierre Peloquin Realty
- Sold Price
- $762,000
- List Price
- $835,000
- Status
- CLOSED
- MLS#
- 5101529
- Closing Date
- Aug 27, 2026
- Living Area
- 3,060
- Lot Size
- 4,792
- Acres
- 0.11
- Year Built
- 1900
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 " !!!!
Additional Information
- Taxes
- $7,811
- Listing Agent
- Pierre J Peloquin
- Listing Office
- Pierre Peloquin Realty
- Style
- Multi-Family
- Electric
- Circuit Breakers
- Utilities
- Cable Available
- Basement
- Full, Unfinished
- Foundation
- Stone
- Sewer
- Public Sewer
- Roof
- Asphalt
- Zoning
- RES
- Water
- Public
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