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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