395 Lake Ave - Apartments FOR SALE


Manchester, NH 03103- Kalivas-Union
$1,300,000 USD
603-703-5617
395 Lake Ave, Manchester, NH for Sale
$1,300,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

395 Lake Ave
Manchester, NH 03103
Kalivas-Union


OVERVIEW

Incredible investment opportunity: 7,108± SF multifamily building available for sale in the heart of Manchester, NH. Eight total units, all featuring two bedrooms, with the added benefit of coin-operated laundry providing an immediate income stream. Presented to the market for the first time after generations of family ownership. Situated on the corner of Lake Avenue and Wilson Street, this building is conveniently located just a 6-minute drive from both I-293 and I-93. No seller financing offered; financials available upon request.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

8

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,147 SF

ZONING

Residential Two-Family

APN/PARCEL ID

MNCH-000065-000000-000001

ASK ABOUT THIS PROPERTY

Cassandra FarleyColliersMore Info
603-703-5617

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Cassandra FarleyColliersMore Info
603-703-5617

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