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305 Amherst, Manchester, NH 03104

Multi-Family Home For Sale

305 Amherst, Manchester, NH 03104 House For Sale - MLS #4770985
$749,700
Multi-Family
5+ Family
9
This listing is courtesy of Matthew Lefebvre from Elm Grove Realty

Property Description for 305 Amherst, Manchester, NH 03104

This nine unit investment property is an easy to manage building with a lot of upside! Many of the apartments were recently renovated over the last few years and comprised of a mix of four 3BR, three 2BR, and two 1BR apartments, many with laundry hookups. With a combination of nine off-street parking spaces off the alleyway and an additional nine off-street parking spaces in the driveway, parking here is no problem. In addition to many units getting remodeled, in 2017 this building went through a FULL lead abatement. Electric is separated and paid by tenants, while heat & hot water is included in the rent, and due to the recent spray foam insulation, heat costs remain very low! Some parking spaces are currently rented to neighboring properties and producing additional income for the owner, adding to the total bottom line. This is a great potential investment for any buyer looking for a solid building with room to add value on day one. Broker interest.

Interior Details

7,648 sq. ft.
$98.03/sq. ft.
Public
Public

Exterior Details

0.29 acres
12,632 sq. ft.
3
Off Street; On-Site; Parking Spaces 11 - 20; Parking Spaces 6+; Paved
Wood Frame
Fieldstone

Other Details

4770985
1921
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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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