246 Main Street, Manchester, NH - 12Units - $1,300,000

246 Main Street, Manchester, NH

   Photo 1 of 9   
Price: $1,300,000 Status: Active w/Contract
Taxes: $17,671 Lot Size 0.11

Comments:

Turn-key investment opportunity on the west side of Manchester. This solid 12 unit multifamily is expected to bring in $158,840 in gross rent and an NOI of $105,859 in 2020. All apartments are 3 bedrooms 1 bath. Leases include heat, hot water, and trash removal. Tenants are responsible for electric. This property is being offered at a 8.14% cap! Showings scheduled only upon qualification of buyers to include proof of funds or bank letter.

Listed by Cassie Farley of Masiello Commercial Associates-Bedford.

Property Features

Property Information

MLS # 
4816297 
Number of Units 
12 

Additional Features

Basement 
Yes 
Baths 
 
BedsTot 
 
Electric 
Other 
Exterior 
Vinyl Siding 
Exterior Features 
 
Finished Sq Ft 
10755 
Footprint 
 
Foundation 
Concrete 
Garage 
No 
Heat/Fuel 
Oil 
House Color 
Yellow 
Road Frontage 
TBD 
Roads 
Public 
Roof 
Flat 
Sewer 
Public 
Total Rooms 
 
Total Units 
12 

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