266 Douglas St - Multi-Family FOR SALE


Manchester, NH 03102- Piscataquog
$579,000 USD
603-932-3011
266 Douglas St, Manchester, NH for Sale
$579,000 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

266 Douglas St
Manchester, NH 03102
Piscataquog


HIGHLIGHTS

  • Upside potential
  • Owner-occupant possibility
  • New Rinnai wall heaters and hot water heaters

OVERVIEW

Great opportunity to own a 3-family property on Manchester’s West Side. This multifamily offers a strong mix of current rental income, upside potential, and owner-occupant possibilities. Two units are currently occupied. One unit has been renovated, providing a solid starting point for an investor or buyer looking to live in one. Units 2 and 3 have newer Rinnai wall heaters and hot water heaters. The remaining units would benefit from cosmetic turns as they become vacant, creating an opportunity to improve rents and value. Whether you are looking to expand your portfolio, create a house-hack opportunity, or reposition a property with upside, 266 Douglas Street offers flexibility, income potential, and a convenient Manchester location. Owner is a licensed New Hampshire real estate salesperson.

FOR SALE DETAILS

PRICE

$579,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

3

PRICE/UNIT

$193,000

CAP RATE

Request Cap Rate

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3-Unit Investment on Manchester’s West Side

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RES

APN/PARCEL ID

MNCH-000631-000000-000017

ASK ABOUT THIS PROPERTY

Matt LefebvreDowntown RealtyMore Info
603-932-3011

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Matt LefebvreDowntown RealtyMore Info
603-932-3011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.