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747 Beech Street, Manchester, NH 03104

$850,000
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New to the Market Active
BEDS8 BATHS3 full SQUARE FEET3,223 MLS#5110281
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLManchester Sch Dst SAU #37

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

Calling all investors and owner occupants looking for a true TURNKEY money maker! 747 Beach Street offers the rare opportunity to own a completely renovated 3 family where the work has already been done! Complete renovation redone down to the studs with a 3rd floor addition, creating a low maintenance investment designed to produce income without inheriting someone else's deferred maintenance. Offering two spacious 3 bedroom units plus a 2 bedroom unit, each apartment features its own laundry and updated finishes throughout. With projected annual rents of approximately $88,200 and a 9%+ cap rate, the numbers speak for themselves. Plenty of off street parking plus a garage add even more value and convenience for tenants. Whether you're looking to add a strong performing asset to your portfolio or owner occupy and let the other units help offset your mortgage, this property checks all the boxes. Fresh, updated, income producing and ready to go from day one. Opportunities to purchase a multifamily this extensively renovated don't come around often!

747 Beech Street | MLS# 5110281

This multi-family property located at 747 Beech Street, Manchester, NH 03104 is currently listed for sale with an asking price of $850,000. Beech Street is located within the Manchester Sch Dst SAU #37 school district. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 1
Heating: Natural Gas
Home Style: Tri-Level
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $6,702
Year Built: 1920

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 3
Unit 2:
Bathroom(s): 1
Bedrooms: 3
Unit 3:
Bathroom(s): 1
Bedrooms: 2

Amenities

Deck
Porch
Storage

Feature Descriptions

Color: Gray
Construction: Wood Frame, Vinyl Siding
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Flooring: Vinyl Plank
Foundation: Fieldstone
Foundation: Fieldstone
Lot: City Lot, Level
Parking: Paved
Roads: Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 3223
Total Stories: 3
Units: 3
Water: Public
Zoning: Residential

Local Schools

High School: Manchester Central High Sch
Middle School: Hillside Middle School
Elementary School: Smyth Road School
School District: Manchester Sch Dst SAU #37

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-Metropolitan
Agent Name: Chelsea Leveille
Agency Phone: 603-232-8282

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Estimated Payment

$ 2,698.15 per month $1,891.73 Principal & Interest $558.50 Property Tax $247.92 Homeowner's Insurance

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