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Listed by John Moscillo • RE/MAX Synergy • Cell: 603-858-3548
$750,000
Est. payment /mo
4,155 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,155 sqft
Price per Sqft $180
MLS Listing ID 5027889
Construction Status Existing
Year Built 1910
Annual Tax Amount $8,555
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Description
An exceptional investment opportunity awaits with this well-maintained, three-unit mixed-use building located on the bustling Second Street in Manchester, NH, a B2 zone . Owned by the same owner for 35 years, this property offers a blend of stability and potential. The first and second floors are occupied by long-term commercial tenants, providing steady income and ideal spaces for entrepreneurs or professionals seeking visibility and accessibility. The third floor features a spacious 2-bedroom, 2-bath residential rental unit, perfect for owner-occupancy or additional income. Positioned on a high-traffic street with significant exposure, 9+ car parking and on-site signage opportunities, this property ensures maximum visibility for businesses. Located in the Manchester B2 zoning district, it allows for a variety of commercial and residential uses. This rare property offers long-term growth potential with under market rents, and an excellent addition to your portfolio. The city does have this classified as a Commercial Building so check with your lender.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning B2
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling Mini Split
Exterior
Garage Description Off Street, Parking Spaces 1 - 10, Paved
Utilities Available Gas - On-Site
Roof Type Flat
Building
Story 3
Foundation Concrete, Granite
Sewer Public
Architectural Style Tri-Level
Construction Status Existing
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