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$800,000
17 Days On Site

359-361 Lake Avenue
Manchester, NH 03103

For Sale|Multi Family|Active
12
Beds
3
Full Baths
0
Partial Baths
5,322
SqFt
$150
/SqFt
1905
Built
County:
NH-Hillsborough
Listing courtesy of Bobbie Gaudette of Keller Williams Realty Metro-Concord

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359-361 Lake Avenue359-361 Lake Avenue359-361 Lake Avenue359-361 Lake Avenue
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This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.

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Listing Snapshot
Price 
$800,000
Days On Site 
17 Days
Bedrooms 
12
Inside Area (SqFt) 
5,322 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1905
MLS® Number 
5021768
Status 
Active
Property Tax 
$8,811.39
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
0.15
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
3
Parking 
PavedOff StreetOn Street
Parking Spaces 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5322
SqFt Total 
5322
Style 
Multi-FamilyMulti-Level
Utilities 
Cable Available
Water Source 
Public
Zoning 
Residential-Multi
Interior Features
Basement 
FinishedFullUnfinished
Flooring 
CarpetHardwood
Heating 
Hot Water
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Rolled/Hot Mop
Community Features
School District 
Manchester Sch Dst SAU #37
Schools
School District
Manchester Sch Dst SAU #37
Elementary School
McDonough School
Middle School
Hillside Middle School
High School
Central High School
Listing courtesy of Bobbie Gaudette of Keller Williams Realty Metro-Concord



Copyright 2024, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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