Stately Brick 7 Unit Mixed Use Opportunity

Multi-Family for Sale
Catylist Listing ID: 30848254
Property Subtypes: Mixed Use
Number of Units: 7 Units
Building Size (RSF): 7,968 SF
Gross Building Area: 11,660 SF
Sale Price: $1,225,000
Unit Price: $175,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2023

Overview / Comments

Take notice of this stately brick 7-unit building nestled in the heart of the Queen City. Just a quick walk to surrounding amenities including restaurants, cafes, shops, and other attractions, creates a desirable atmosphere and endless demand. First floor is a 3000 sq ft commercial retail space that has been operating as a store with a bakery for 10 years and pays for its own electric. 6 - 1 Bedroom apartments. There are three off-street parking spots and residents may receive a permit from the city for Free on street parking. Perfect proximity to major travel routes. See Offering Memorandum in documents for more information. Any astute investor will be ready to make a move, as this property offers endless possibilities for success and growth! Don't miss the chance to capitalize on the thriving Manchester market with 71-73 Manchester Street!

Attachments & Media


Finance Data Year 2023
Real Estate Taxes - Annual($) $16,857 (Annual)
Potential Rental Income $141,600 (Annual)
Gross Operating Income $125,700 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 116-12
Highway Access: Routes 93 and 293
Airports: Manchester Airport Approx 5 mi
Year Built: 1910
Construction/Siding: Brick
Parking Type: Other
Parking Description: 3 Assigned spots. Residents may recieve parking permits for free on-street parking.
Total Parking Spaces: 3
Heat Type: Natural Gas
Fuel: Gas
Zoning Description: Business
Lot Frontage: 39
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,761 109,913 141,599
Median Age: 32.71 37.1 37.57
Households: 14,479 45,167 56,893


Photograph of Listing Agent

Matthew Dennehy

Imperial Properties NECPE Member
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