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53 Lafayette St Manchester, NH 03102

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For Sale
$474,900

Two-unit property with upside potential in a convenient location.

Lot size:
0.12 Acres

Property Features for 53 Lafayette St

General Information

Property type
Investment
Standard status
Active
Lot size
0.12 Acres

Building Details

Year built
1940

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Listing Contact
Amy Chhom
Source: Elliman

Listing Agent: Amy Chhom

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Well-Maintained Multifamily Property

This is a well-maintained two-unit multifamily property featuring two apartments. Each apartment includes 2 bedrooms and 1 bathroom. The property is located in a convenient neighborhood of Manchester. The floor plan is an American Foursquare. The property has a strong rental history with over 8 years with the first floor tenant. The first-floor unit will be vacant and ready for investor upside. The second floor was most recently rented as a furnished short term rental and is offered furnished, but currently vacant. Below-market rents offer meaningful upside for income growth. Long-term tenant history reflects property stability. This property presents an exceptional opportunity for an owner-occupant buyer or seasoned investor alike.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Manchester
County
Merrimack
State
New Hampshire
Longitude
-71.4872209
Latitude
42.9942088

FAQs

What type of property is this?
Duplex - Two-unit property with upside potential in a convenient location.
Where is this duplex located?
The property is located at 53 Lafayette St Manchester, NH.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: - Two spacious 2-bedroom, 1-bathroom apartments.; - First-floor unit vacant and ready for investor upside.; - Strong rental history with long-term tenant.
More about this property
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