List Price: $2,135,000 | $185 per sq.ft. Multi Family A 11 Unit Multi Family Home
With 0 One Bedroom Units , 11 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Oct 4, 2024 | MLS# 5017417


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Address: 81 Ashland Street Manchester NH
Listed by Doug Martin Keller Williams Realty-Metropolitan
Description:
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.
Annual Expenses

Taxes: $18,400
Income
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Multi-Family | Multi-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 15276
Above Grade Sq.Ft.: 11544
Basement: Concrete Floor | Full | Interior Access
Foundation: Block
Exterior Color: White
Roof: Shingle - Asphalt
Seasonal: No
Heating: Natural Gas | Space Heater
Cooling: None
Electric: 60 Amp | Circuit Breaker(s)
Utilities: Gas - Underground
Electric Meters:
Water: Public
Sewer: Public
Land Information
Corner | Level | Near Shopping | Neighborhood | Near Hospital | Near School(s)
Lot size: 0.22 acres
Zoned: R-2)
Surveyed: Yes
Flood Zone: No
Road Frontage: 104
Driveway: Paved
Additional Information
Block - 00
Taxes $18,400
Assesed Value Not Reported
Schools

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5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 21st, 2024

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