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20 Orange, Manchester, NH 03104

Multi-Family Home For Sale

20 Orange, Manchester, NH 03104 House For Sale - MLS #4737346
Off the Market
$1,110,000
Multi-Family
5+ Family
15
This listing is courtesy of Matthew Lefebvre from Elm Grove Realty

Property Description for 20 Orange, Manchester, NH 03104

Located one building off of Elm Street, this 15 unit building on Orange Street is a solid investment opportunity with plenty of value-add potential. Comprised of 2 commercial units in the ground level, 1 studio apartment, 10 one bedroom apartments, and 2 two bedroom apartments, this property has a stable tenant base producing income, with opportunities to increase cash flow. This building has had new heating and hot water systems installed in the last ten years and has had a recent replacement of all roofs. Many capital improvements have been done, but many units still remain unrenovated and have the potential to go up on the rent! This property includes on-site parking for up to 10 cars with additional leased parking available directly across the street. If you're looking for a brick investment property with lots of value-add potential, then this is the right deal for you! This property is located in a Qualified Opportunity Zone.

Interior Details

10,283 sq. ft.
$107.95/sq. ft.
Public
Public

Exterior Details

0.16 acres
6,970 sq. ft.
3
Leased; Off-Site; Off Street; On-Site; Parking Spaces 5 - 10; Paved
Masonry; Wood Frame
Brick; Fieldstone

Other Details

4737346
1900
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(20%)

Monthly Mortgage Payments

$5,042
$7,022

Town Description

Pennacook Indians called it Namoskeag, meaning "good fishing place"?a reference to the Amoskeag Falls in the Merrimack River. In 1722, John Goffe settled beside Cohas Brook, later building a dam and...

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