Investment Opportunity! 10 units plus 2 car garage & lots of off street parking. One unit is laundry business all set up and running with many new updates and machines. Several long term tenants and larger units with room to increase rents. Potential to add up to two additional units.
"TURN KEY" MIXED USE FOUR STORY BUILDING IN THE HEART OF DOWNTOWN MANCHESTER. THE SECOND, THIRD AND FOURTH FLOORS FEATURE 10 STUDIO AND 1 ONE BEDROOM APARTMENTS - - STREET LEVEL (FIRST FLOOR) HOUSES BUSINESS UNITS. SEE ATTACHMENTS FOR INCOME BREAK-DOWN, EXPENSES AND TAX RECORD.
High Quality 8 Unit garden style apartment building in excellent condition and 100% occupied. TENANTS PAY ALL THEIR OWN UTILITIES. Sold "As-Is" "Where-Is". This is NOT a short sale or distressed sale. Off-Street parking enough for all tenants. A Current Pre-Approval Letter from a qualified financial institution will be required along with a Purchase and Sales Agreement.
Amazing mixed use property with six units genating over $40,000.00 per year plus large 2600 sqft comercial garage/workshop plus 5 rentable garage spaces. All this siting on 9 acres of dry subdividable land. can purchase additional 3+ acres of land in back for 50,000 if your looking to create subdivision and or condo development. water and sewer are comming to this site soon. water is already within approximatley 1000 ft.... many possabilities call for details.
Great property! 18 residential units and 1 commercial unit! 1-1 BR, 17-2 BR and 650 sq ft of commercial space! New Renai gas heaters, all electrical appliances, updated kichens and new flooring, new roofs, off-street parking, nesw hot water tanks! All units are lead-safe with certificate and property has state DES clearance!
Manchester, NH - Great money making 10 unit in east part of Manchester. Very large 2 & 3 bedroom units. 9 three-bedroom units and one very large two bedroom unit. Each unit has separate electric, some with separately metered heat. Most completely or partially renovated in past year +/-. Great cash flow & gross income at over $100,000 & NOI at $76,112 or 11.73 cap rate. Small enough to be self-managed, but profitable enough for professional management services. Historically easy to rent. Seller will contribute $10,000 toward closing costs or miscellaneous expenses.
Mixed-use investment. 12,206 SF bldg off Granite St, exit 5; I-293 on Amory St. 6 fully leased retail units & 2 residential units recently renovated. Great location and long-term tenants make this a solid investment. Current tenants are dry goods, laundromat, restaurant, take-out, & karate studio. Rent: $101,580, Expenses: $27,882, NOI: $73,698.
INVESTMENT- Hard to find mixed use investment w/approx. $167,000 in rents & Cap Rate of close to 10.7. 16 units w/2 additional income producing units in form of billboard & laundry. Has 11 residential units consisting of efficient 1 bedrooms & large over-sized 1 bedrooms. Commercial units have a nice mix of retail users & 1 long-standing diner.
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Northern New England Real Estate Network, Inc. All rights reserved.
This information is deemed reliable but not guaranteed.
The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN.
Subject to errors, omissions, prior sale, change or withdrawal without notice.
IDX data last updated on 09/03/10.
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