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422 Lake Avenue, Manchester, NH 03103

$685,000
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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET3,913 MLS#5109960
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLManchester

Listing Courtesy of: Keller Williams Realty-Metropolitan
Agency Phone: 603-232-8282
Associate Name: Danielle Bissonnette
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Property Description

Investors take notice. Fully occupied 3 Family with a separate garage rental for $150 a month. Plenty of off street parking. Long term tenants; potential for additional income as Sellers are below rental values. Third story completely re-finished and is bright and airy. First floor updated kitchen and bath. All units have separate storage space outside their unit. 3 - 100 AMP panels, heating system just 3 years old. Clean dry basement with storage potential. Situated just minutes from downtown Manchester, hospitals, shopping, restaurants, parks and public transportation. With net operating income of $52,500; this is a great addition to your investment portfolio.

422 Lake Avenue | MLS# 5109960

This multi-family property located at 422 Lake Avenue, Manchester, NH 03103 is currently listed for sale with an asking price of $685,000. Lake Avenue is located within the Manchester school district. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete, Concrete Floor
Cooling: None
Fenced: Yes
Garage: 2
Heating: Hot Air
Home Style: Multi-Family
Lot Size: 0.11 Acres
Roof Type: Slate
Stories: 3.0
Taxes: $8,225
Year Built: 1910

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $2050.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1500.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $2000.00

Amenities

Partial Fence

Feature Descriptions

Construction: Wood Frame
Days on Site: 1
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: No
Flooring: Carpet, Laminate, Manufactured
Foundation: Granite
Foundation: Granite
Lot: City Lot, Curbing, Leased
Parking: Off Street, Parking Spaces 1 - 10, Paved
Roads: Paved
Sewer: Public
Sq. Ft. Total Finished: 3913
Total Stories: 3
Units: 3
Water: Public
Zoning: Three Family MDL

Local Schools

School District: Manchester

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-Metropolitan
Agent Name: Danielle Bissonnette
Agency Phone: 603-232-8282

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Estimated Payment

$ 2,409.72 per month $1,524.51 Principal & Interest $685.42 Property Tax $199.79 Homeowner's Insurance

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