Sprawling 10 Unit Cream Puff

Multi-Family for Sale
Catylist Listing ID: 30848263
Property Subtypes: Mixed Use
Number of Units: 10 Units
Building Size (RSF): 8,472 SF
Gross Building Area: 11,296 SF
Sale Price: $1,350,000
Unit Price: $135,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2023

Overview / Comments

Investors will be pleased to discover the solid rental history and the exceptional growth potential of this 10 Unit cream puff property. This property boasts updated siding, windows, roof, and common areas, with many of the ten units having updates as well and with the building overall extremely well cared for. This property has the benefit of a whole building sprinkler system, offering peace of mind. The office space is attractive to all small business owners and consists of a main area, conference room, kitchen, and bathroom. The office is currently rented but holds potential for a future apartment conversion. Manchester is a thriving economic hub with a diverse and robust community, ensuring a steady demand for a place to call

Attachments & Media


Finance Data Year 2023
Real Estate Taxes - Annual($) $12,902 (Annual)
Potential Rental Income $156,413 (Annual)
Gross Operating Income $138,365 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 54-31
Zoning: R-3
Percent Occupied: 100%
Highway Access: 293 and 93
Airports: Manchester Airport Approx 5 mi
Year Built: 1910
Roof Type: Flat
Construction/Siding: Vinyl Siding
Parking Type: Other
Parking Description: On-street
Laundry: Shared
Sprinklers: Wet
Heat Type: Natural Gas
Fuel: Gas
Lot Frontage: 48
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,286 105,500 143,800
Median Age: 32.61 37.46 37.53
Households: 14,518 43,678 57,634


Photograph of Listing Agent

Matthew Dennehy

Imperial Properties NECPE Member
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