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Updated almost 7 years ago on .

User Stats

99
Posts
28
Votes
Eric Hathway
  • Investor
  • Southern, NH
28
Votes |
99
Posts

11 UNIT MULTIFAMILY BUILDING WITH PARKING, COIN OPS, MANY UPDATES

Eric Hathway
  • Investor
  • Southern, NH
Posted

641 Massabesic Street

Manchester, NH 03103

$850,000

I am selling this cash-producing building because I am likely moving out of state for a job. 

-Roof, vinyl siding, furnace, and water heater recently replaced (within 2-7 years).
-(3) 1BR, (7) oversized studios, (1) 2BR
-Great location near Elliot Hospital- Manchester's largest employer
-Parking for 20+ cars.
-Coin op laundry
-Great tenants (two >10 years)
-Waiting list to move in
-Solid, stable building that will cash flow and appreciate for years to come! 

Financials

Gross Rents plus Coin-Ops: $114,240

Utilities:$12K

Insurance: $3k

Taxes:$7.5k

NOI:$91,740



 Serious inquiries only. Don't low ball- I'm not a motivated seller.
Showings with 24 hour notice. View 1-2 units on first visit, entire building with accepted offer.
Offering