A mixed-use downtown Manchester
|Catylist Listing ID:
Mid-Rise, Mixed Use
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$90,000 Per Unit
|Property Use Type:
||Cash to Seller, Purchase Money Mortgage, Other
Overview / Comments
his building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.
|Finance Data Year
|Real Estate Taxes - Annual($)
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