This exceptional property offers the perfect opportunity for owner-occupancy while generating rental income. This property features 4 large townhouse units, each offering 3 bedrooms and 1.5 baths, spread across 3 levels. The kitchen and living room are on the middle entry level, the lower level includes a laundry area, a bedroom, and a half bath, while the upper level features a full bath and two additional bedrooms. The vacant owner unit has been beautifully renovated and is move-in ready, boasting modern upgrades and high-end finishes. The remaining three units are fully occupied, generating a monthly gross rent of $5,395, with the potential for $7,395 or more if all units are rented out. All units have been updated, ensuring a comfortable living environment for tenants. The property includes four off-street parking spaces, with shared driveway easement documents available. Each occupied unit has laundry hookups, and the vacant unit is equipped with laundry machines for added convenience. Owned and professionally managed by the same owner since 2013, the property has been well-maintained over the years. Situated in Manchester, NH, this area is renowned for its strong rental market, making it an ideal location for investment. Tenants will appreciate the proximity to local amenities, including parks, schools, shopping centers, and public transportation. Contact us today to schedule a viewing. Also can be sold as part of a portfolio, see MLS #4998472. Agent interest.
Closed
Listed by:
Marilyn Menning,
EXP Realty Cell:603-748-1455
Bought with: EXP Realty
$850,000
169 Blaine Street, Manchester, NH 03102
--beds
--baths
4,959sqft
Multi Family
Built in 1983
-- sqft lot
$894,900 Zestimate®
$171/sqft
$2,040 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 27, 2024 at 06:35am
Listed by:
Marilyn Menning,
EXP Realty Cell:603-748-1455
Bought with:
Marilyn Menning
EXP Realty
Source: PrimeMLS,MLS#: 4998470
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Basement: Finished,Interior Entry
Interior area
- Total structure area: 4,959
- Total interior livable area: 4,959 sqft
- Finished area above ground: 3,306
- Finished area below ground: 1,653
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Frontage length: Road frontage: 50
Lot
- Size: 5,663 sqft
- Features: Other
Details
- Zoning description: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Manchester
Sell for more on Zillow
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$894,900
2% more+$17,898
With Zillow Showcase(estimated)$912,798