12-Unit Condo Portfolio in The Heart of Manchester

Multi-Family for Sale
Catylist Listing ID: 30835039
Number of Units: 12 Units
Building Size (RSF): 7,256 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $141,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2023

Overview / Comments

Is this really 2023 pricing or are you dreaming?! TWELVE individually deeded condominium units for UNDER $142,000/door in the heart of bustling Manchester, New Hampshire! These easy-to-rent units will offer you cashflow for years to come along with the opportunity to sell off individually if desired. This complex features six total buildings with 24-36 units in each, plenty of parking, easy access to downtown, and even an in-ground pool. All but one unit include heat AND hot water in the monthly condo fees making this investment about as "hands-off" as they come. Showings by appointment only.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 321-111:146
Zoning: CONDO MDL-05
Community Amenities: Outdoor Pool
Total Number of Buildings: 6
Number of Stories: 3
Year Built: 2017
Construction/Siding: Wood Frame
Parking Type: Surface
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,496 100,434 151,753
Median Age: 34.95 36.84 37.59
Households: 9,971 40,687 60,213


Photograph of Listing Agent

Matthew Lefebvre

Downtown Realty NECPE Member
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