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Courtesy of Sara Isabelle of Keller Williams Realty Metro-Londonderry: .

346 Lake Avenue

Manchester, NH 03103
  • $800,000
  • STATUS: Active Under Contract
  • MLS #: 5016599
Under Contract
UPDATED: 88 min ago
$800,000
  • 10
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,352
    SQFT
  • $149
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

A great investment! This 4-unit property is available for the first time in 25 years and sits on a .15 acre corner lot with off-street parking as well as ample on-street parking. This unique property features Two 3BR and two 2BR units, some with long-term tenants. The main building offers 3 spacious apartments (1,500 sq ft each), including a first floor 2BR unit that could easily be converted back to 3BR. Looking for owner/occupy? The attached two-story 2BR cottage features 1.5BA and private entrances and separate parking spaces. All units have washer/dryer hookups and separate utilities, paid by tenants. Roof/windows have been replaced slowly over the last 15 years. Current rental income is $70K/year with room for increases. Please drive by but do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/qualifications during specific hours over the weekend.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14T13:05:45.127.
www.judymoynihan.com/homes/156049533
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346 Lake Avenue Manchester, NH 03103

  • Price: $800,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 88 min ago
  • MLS #: 5016599
10
Beds
4
Baths
0
½ Baths
0.15
Acres
5,352
SQFT
$149
$/SQFT
1910
Built
County:
Hillsborough
Area:
Manchester
Elementary School:
Henry Wilson School
Middle School:
Mclaughlin Middle School
High School:
Manchester Central High Sch
School District:
Manchester School District
Property Description
A great investment! This 4-unit property is available for the first time in 25 years and sits on a .15 acre corner lot with off-street parking as well as ample on-street parking. This unique property features Two 3BR and two 2BR units, some with long-term tenants. The main building offers 3 spacious apartments (1,500 sq ft each), including a first floor 2BR unit that could easily be converted back to 3BR. Looking for owner/occupy? The attached two-story 2BR cottage features 1.5BA and private entrances and separate parking spaces. All units have washer/dryer hookups and separate utilities, paid by tenants. Roof/windows have been replaced slowly over the last 15 years. Current rental income is $70K/year with room for increases. Please drive by but do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/qualifications during specific hours over the weekend.
Exterior Features

Architectural Style Apartment Building Area Description Near Public Transportatn Construction Materials Insulation-CelluloseWood FrameVinyl Siding Driveway Paved Exterior Features Fence - FullGarden SpacePorch - CoveredWindow Screens Has Garage No Lot Features City LotCornerCurbingLevelSidewalksNear School(s) Parking AssignedDrivewayOff StreetOn StreetParking Spaces 5 - 10Paved Road Frontage TBD Roads PavedPublic Roof FlatMembrane

Interior Features

Basement Access Type Interior Basement Description Concrete FloorStairs - InteriorUnfinishedInterior AccessStairs - Basement Cooling None Flooring CarpetVinyl Foundation Below Frost LineConcreteGranite Has Basement Yes Heating Alternative Heat StoveGas HeaterHot AirHot Water Total Heated Units 4 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 4 Unit1 Approx Sq Ft 1500 Unit1 Baths 1 Unit2 Approx Sq Ft 1500 Unit2 Baths 1 Unit3 Approx Sq Ft 1500 Unit3 Baths 1 Unit4 Approx Sq Ft 1200 Unit4 Baths 2

Property Features

Assessment Year 2023 Construction Status Existing Electric 100 AmpCircuit Breaker(s)Fuses Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 70380 Heat Fuel Gas - NaturalOil Items Excluded Unit 4 (cottage) washer/dryerrefrigeratorelectric range Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 10545 Tax Year 2023 Taxes Tbd No Total Electric Meters 5 Total Gas Meters 4 Total Leases 2 Total1 Bed Units 0 Total2 Bed Units 2 Total3 Plus Bed Units 2 Trash CansCurbsideMunicipalRecycle Unit1 Info Appliances IncludedLaundry Hookup Unit1 Rental Amount 1650 Unit1 Tenant Pays ElectricHot Water Unit2 Info Appliances IncludedLaundry Hookup Unit2 Rental Amount 1550 Unit2 Tenant Pays ElectricHeatHot Water Unit3 Info Laundry HookupRange - GasRefrigerator Unit3 Rental Amount 1350 Unit3 Tenant Pays ElectricHeatHot Water Unit4 Info Laundry Hookup Unit4 Rental Amount 315 Unit4 Tenant Pays ElectricHeatHot Water Utilities Gas - On-Site Water Source Public Zoning RES-M

Courtesy of Sara Isabelle of Keller Williams Realty Metro-Londonderry: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14T13:05:45.127.
 
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