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373 Lake Avenue, Manchester, NH 03103

$835,000
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New to the Market Coming Soon
BEDS6 BATHS6 full SQUARE FEET3,060 MLS#5101529
STATUSComing Soon PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Pierre Peloquin Realty
Agency Phone: 603-668-9923
Associate Name: Pierre Peloquin
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Property Description

CALL THE COPS !! Someone 's about to STEAL this AFFORDABLR 6-FAMILY !!! Features easily managed 1-Bedroom units rented to single occupants, NEW asphalt roof, updated circuit breakers, NEW 75 Gallon Gas Hot water tank (July 17th). Newer Natural Gas steam heating system, 8-car rear parking and small side yard for tenant use. Exterior was recently painted along with all porches. Will be conveyed with a new COC at closing. Current Gross Income of $78,840.00 (easily increased to $85,000.00 with moderate increases) and $17,701 operating expenses (Includes taxes). Cash-on-Cash return exceeds 10% making this a SOLID INVESTMENT !!! NOTE: Unit #1 in need of new kitchen, bath, flooring and paint. Seller is offering a $20,000.00 allowance/credit off list price to buyer for the remodeling. A terrific "value add" Investment. Showings begin Tuesday July28th at 12:00 to 1:30 "May we add three words of advice ?" "ADD TO CART " !!!!

373 Lake Avenue | MLS# 5101529

This multi-family property located at 373 Lake Avenue, Manchester, NH 03103 is currently listed for sale with an asking price of $835,000. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas, Steam
Home Style: Multi-Family
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $7,811
Year Built: 1900

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $995.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1095.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1095.00
Square Footage: 550
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $995.00
Square Footage: 325
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $995.00
Square Footage: 325

Feature Descriptions

Color: Blue
Construction: Wood Frame, Asbestos Exterior
Construction Status: Existing
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Asbestos Exterior
Flood Zone: Unknown
Flooring: Carpet, Hardwood, Laminate, Vinyl
Foundation: Stone
Foundation: Stone
Lot: City Lot
Roads: Public
Sewer: Public
Showings Begin: 2026-07-28
Sq. Ft. Total Finished: 3060
Total Stories: 3
Units: 6
Water: Public
Zoning: RES

Listed By / Shown By

Listed By

Agency Name: Pierre Peloquin Realty
Agent Name: Pierre Peloquin
Agency Phone: 603-668-9923

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Estimated Payment

$ 2,752.81 per month $1,858.35 Principal & Interest $650.92 Property Tax $243.54 Homeowner's Insurance

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