Back on the Market! Buyer's financing fell through. 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.
Closed
Listed by:
Bobbie Gaudette,
Keller Williams Realty Metro-Concord 603-226-2220
Bought with: BHHS Verani Londonderry
$763,000
359-361 Lake Avenue, Manchester, NH 03103
12beds
5,322sqft
Multi Family
Built in 1905
-- sqft lot
$779,300 Zestimate®
$143/sqft
$2,015 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 04, 2025 at 01:38pm
Listed by:
Bobbie Gaudette,
Keller Williams Realty Metro-Concord 603-226-2220
Bought with:
Sean Delisle
BHHS Verani Londonderry
Source: PrimeMLS,MLS#: 5021768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Gas Heater, Hot Water
Cooling
- None
Appliances
- Included: Owned Water Heater, Separate Water Heater
Features
- Flooring: Carpet, Hardwood
- Basement: Full,Storage Space,Unfinished,Walkout,Walk-Out Access
Interior area
- Total structure area: 7,096
- Total interior livable area: 5,322 sqft
- Finished area above ground: 5,322
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Off Street, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: 3,Multi-Level
Lot
- Size: 6,534 sqft
- Features: City Lot, In Town, Near Hospital
Details
- Zoning description: Residential-Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Granite
- Roof: Flat,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public Water On-Site
- Utilities for property: Cable, Phone
Community & neighborhood
Location
- Region: Manchester
Other
Other facts
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$779,300
2% more+$15,586
With Zillow Showcase(estimated)$794,886