Listed by Doug Martin with Keller Williams Realty-Metropolitan 603-232-8282
Active
81 Ashland Street
Manchester NH, 03104
$2,135,000
$184.94 per sqft
Active
11,544 sqft
Multi-family
Built in 1900
Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it's conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.
5017417
MLSⓇ ID
October 4, 2024
Listed
October 29, 2024
Updated
Map
81 Ashland Street
Manchester NH, 03104
Interior Features
Floor Description
Carpet, Hardwood, Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Space Heater, Gas - Natural
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Near Hospital, Near Shopping, Neighborhood
Roof
Shingle - Asphalt
Sewer
Public
Other Property Details
Area Name
NH-Hillsborough
Taxes
$18,400
Tax Frequency
Annually
Days on Market
12
Garage
No
View
No
Pool
No
Listed by Doug Martin with Keller Williams Realty-Metropolitan 603-232-8282
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