Property Description

Exceptional investment opportunity in Manchester's highly desirable North End. This spacious 4-unit property offers 4,726 square feet of living space and an attractive unit mix consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. The 1-bedroom units offers potential for a second bedroom with the addition of a closet. This one bedroom unit with separate utilities will be vacant as of July 1st. Owner is intentionally not renting the unit to provide an owner occupant a place to be. The property generates approximately $71,400 in annual rental income and features vinyl siding, a newer architectural shingle roof with portions of slate roofing, and four off-street parking spaces. Situated on a corner lot with rear alley access, the property offers convenience and strong tenant appeal. Three units are heated by a central boiler system, while one unit has separate heat and hot water paid by the tenant. Kitchens and baths are in good functional condition with older cabinetry and countertops. Located just minutes from downtown, schools, hospitals, shopping, restaurants, Currier Museum, and major commuter routes, this North End Multi-Unit offers strong income potential and long-term investment value. Property does require deferred maintenance, including porch repairs and future heating system improvements, creating an excellent opportunity for investors seeking to add value and increase future returns. Additional finished area on the second floor with possible expansion from the unit below with spiral staircase, currently unheated. Whether you're expanding your portfolio or seeking a quality Multi-Unit property in one of Manchester's most desirable neighborhoods, this property offers location, size, and income potential rarely found in today's market.

Property Features

Units

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