Cheryl Grant, Keller Williams Realty Metro-Londonderry.
North End multi-family has the potential for huge returns. Whether you are looking to owner occupy or add to your portfolio, do not overlook this property’s potential. All tenants currently at will and current rents are below market. Currently has 3 garden style units with the potential of a 4th with city approval. First floor unit contains almost 2000 sq ft and consists of 4 bedrooms and 2 full baths and laundry hook-up! On the second floor there is a 2 bedroom/ 1 bath unit with laundry hook-up, and a 1 bedroom/1 bath unit. On the 3rd level you will find the shell of a potential 4th unit w/ 2 bedrooms/1 bath. The building has new roof, windows, decks, chimney liner and water heater. The 4-bedroom and 2-bedroom units have been professionally de-leaded. No parking issues for these tenants. There is a fully paved parking lot available with 6+ spaces, 3 spaces available at rear of building for first floor unit and do not forget about the 3bay stall detached garage. Additional income potential with renting out the garages. Located perfectly for tenants to enjoy the variety of entertainment and restaurants in downtown Manchester and just minutes to the expressways for commuters. This property will only go Conventional, Cash or Rehab loan. Current COC expires 2023. See Non Public remarks for showing times.
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Listing information last updated on August 1st, 2021 at 4:21pm EDT.