Manchester NH Multi-Family Properties

MLS Number 4734383

• Multifamily Multi-Family
• Units 20
• Bathroom 20
• Acreage 0.4
• Square Feet 18,144

UNIQUE,BRICK 20-APT. BUILDING ON UNIVERSITY LINE! SE corner of W.Brook St & Canal St. What student dorms this would be for 5 major nearby colleges,including SNHU & UNH, just down the street. Near heart of The Millyard, just off Amoskeag Bridge Exit of Everett Tpke. Many improvements including newer roof,windows, blown-in insulation; has wet sprinkler system, fire-alarm system, recent CoC. (18,149 sq.ft of apts). 2 coin-op laundry rooms. 25+ car paved parking on .40 acre lot. On busline. Spacious, multi-level apartments w/high ceilings, modern feel to units, could be future luxury condos. 14 (2-bedrm),(3) 3-bedrm,(3) 1-bedrm. Bring your ideas! Think of it as Boston, North!

Listed by Joan Blais of BHHS Verani Londonderry

MLS Number 4732699

• Multifamily Multi-Family
• Units 27
• Bathroom 27
• Acreage 0.2
• Square Feet 25,276

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

MLS Number 4737345

• Multifamily Multi-Family
• Units 29
• Bathroom 29
• Acreage 0.25
• Square Feet 19,981

With a premiere location on the corner of Elm Street and Orange Street, this 29 unit building is a unique investment opportunity. Comprised of 7 commercial units, 8 studio apartments, 11 one bedroom apartments, and 3 two bedroom apartments, this property has a solid mix of unit types and income sources. With the same ownership for 26 years, this building has HUGE value-add potential. Many units have not been renovated recently and have the potential for rents to be increased substantially. Additional cost-saving measures could be applied by separating utilities and cutting operating expenses substantially. Many major capital improvements have already been made to this building including installation of rubber membrane roofs, upgrading windows to vinyl replacement, renovation and buildout of several commercial units, and more. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

MLS Number 4727068

• Multifamily Multi-Family
• Units 18
• Bathroom 18
• Acreage 0.24
• Square Feet 17,462

Three large buildings with 18 apartments. 6-3 bedroom apartments and 12-2 bedroom apartments. This is a real money maker and has been very good for the many notable owners of the property's history. The building and tenancies are stabilized with strong cash flows separate utilities, and some long term tenants. This building may be available with others in the portfolio for a package deal for someone who may be interested.

Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

MLS Number 4746398

• Multifamily Multi-Family
• Units 21
• Bathroom 21
• Acreage 0.33
• Square Feet 16,000

North End Manchester, 21 compact Apts, w/parking. $61,600 per unit. 2 separately deeded bldgs in this portfolio, could be bought separately w/ simultaneous P&Ss. Near Currier Museum; 2 newer boilers & 2 newer roofs; Mainly, these are the desirable compact apts so needed by Manchester singles & couples: (14 Studios, 4 1-bedrm, 3 2-bedrm) Has mgmt;no vacancy. Income: 199,166 Gross Income Less: 54,189 - Expenses Less: 19,789 - 10% maint,mgmt & Vacancy. NOI 125,188 = 9.6% Cap rate/ ROI 19.5% ROI on 80% LTV mort

Listed by Joan Blais of BHHS Verani Londonderry

MLS Number 4727947

• Multifamily Multi-Family
• Units 9
• Acreage 0.12
• Square Feet 10,826

Manchester/03102 NH Multi-family for sale, 9-units: six 3-bdrm, three 4-bdrm, 10826+/- FinSqFt on 0.13+/- acres. Fully occupied. $88870 annual income and $35404 annual expense (taxes, insurance, electric, water/sewer/trash). Separate utilities (electric & gas). Tenants pay - reference the unit section for specifics (electric, heat, hot-water). Each unit washer/dryer hook-up. This property is part of 20-unit portfolio listed under MLS numbers: 4727947, 4727953, 4727955, 4727950

Listed by Ty Ignaszewski of Cameron Real Estate Group

MLS Number 4743365

• Multifamily Multi-Family
• Units 7
• Bathroom 7
• Acreage 0.12
• Square Feet 4,842

Eastside money-maker, easy to maintain . 7 -family, w/ newer siding,windows, rear porches. Paved parking for 7 at rear. 4 new baths & kitchens; freshened /painted throughout. (5) 2-bedrm;(2) 1-bedrm: Rent roll: $875.,700, 1050, 975, 950, 975 ,850. Mostly Sep.meters,but owner pays some HW, Heat, & electric. Management in place,easy takeover/handling. 9.3% Cap Rate w/10% Vac,Mgmt,maint accounted for. Gross rents: $76,500; Exp $22,436; NOI $54,064.

Listed by Joan Blais of BHHS Verani Londonderry