389 Lake Avenue, Manchester, NH 03103

Looking to add a mid-sized multi to your portfolio? Longer-term tenants mean the rents are pretty conservative at current levels, and the current owner pays natural gas heat and hot water as well as electricity, so you can keep that in place for simpler maintenance, or possibly look into splitting some utilities off for a value-add play. Building is comprised of four large studio/1br units, six 1br units, and a 2bed/2bath "cottage" at the rear. Off street parking for two vehicles, but the flat yard provides extra space. Coin-op laundry provides some additional income, and there's a shed that you can keep for your own use or rent that out as well. COC good through November 2025.