379 Manchester St Manchester, NH 03103
Three-building multifamily portfolio in Manchester, NH with value-add potential.
Property size:
6,193 SFProperty Features for 379 Manchester St
General Information
- Size
- 6,193 SF
Building Details
- Year built
- 1898
Source:
Nerealtyadvisors
Listing Agent: Brad Carlson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Manchester Street Apartments Portfolio
The Manchester Street Apartments represent a portfolio of three contiguous three-family properties located in Manchester, NH. The portfolio comprises a total of nine units, with a unit mix of five one-bedroom and four two-bedroom apartments. The properties have been professionally managed and well maintained. Upgrades have been made to many of the hallways, flooring, and apartments, resulting in a more modern aesthetic. Each building features separate utilities, which are paid by the tenants. Landlord responsibilities are limited to water, sewer, and common area electricity. Off-street parking is available. The properties offer an opportunity to raise rents to market rate. The total property size is 6,193 square feet. Manchester, New Hampshire, situated along the Merrimack River, combines urban amenities with natural surroundings. The city has evolved into a center for business, technology, and healthcare, while maintaining its historic architecture. Downtown Manchester offers diverse dining options, cultural attractions such as the Currier Museum of Art, and a vibrant arts scene, with convenient access to New Hampshire's lakes and mountains.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4499972
- Latitude
- 42.9900054
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FAQs
What type of property is this?
Triplex - Three-building multifamily portfolio in Manchester, NH with value-add potential.
Where is this triplex located?
The property is located at 379 Manchester St Manchester, NH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Opportunity to increase rents to market rate for immediate cash flow improvement.; - Portfolio of three well-maintained, professionally managed buildings.; - Desirable unit mix of one and two-bedroom apartments.