Six-Unit Apartment
New
For Sale
$835,000
373 LAKE Ave, Manchester, NH 03103
Well-maintained six-unit building with one-bedroom units, rear parking, and recent exterior and systems updates.
Days on Market3
Property Features for 373 LAKE Ave
General Information
Standard status
Active
Total Parking Spaces
8
Property subtype
Investment
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Additional Details
Gross Income
$78,840
Amenities
side yard
Building Details
Year Built
1900
Listing Agency:
Pierre J. Peloquin Realty
(603) 668-9923
Listed By:
Pierre J Peloquin
(603) 668-9923
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pierre J. Peloquin Realty
Investment Insights
Based on property information with market context.
This six-unit apartment building features one-bedroom units currently rented to single occupants. The exterior has been recently painted, including the porches, and the property includes a small side yard for tenant use. Recent upgrades include a new asphalt roof, updated circuit breakers, and a newer natural gas steam heating system. A new 75-gallon gas hot water tank was added on July 17.
The property offers 8-car rear parking. Unit #1 is reported to need a new kitchen, bath, flooring, and paint, creating an opportunity to bring that unit fully up to standard.
A new Certificate of Compliance (COC) will be conveyed at closing. Showings begin Tuesday, July 28 from 12:00 to 1:30 at 373 Lake Ave, Manchester, NH 03103.
The property offers 8-car rear parking. Unit #1 is reported to need a new kitchen, bath, flooring, and paint, creating an opportunity to bring that unit fully up to standard.
A new Certificate of Compliance (COC) will be conveyed at closing. Showings begin Tuesday, July 28 from 12:00 to 1:30 at 373 Lake Ave, Manchester, NH 03103.
Key Highlights
- Six one‑bedroom units currently rented to single occupants
- New asphalt roof and recently painted exterior, including porches
- New 75‑gallon gas hot water tank installed July 17
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 03103, NH
38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit building with one-bedroom units, rear parking, and recent exterior and systems updates.
Where is this apartment building located?
The property is located at 373 LAKE Ave Manchester, NH.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Six one‑bedroom units currently rented to single occupants; New asphalt roof and recently painted exterior, including porches; New 75‑gallon gas hot water tank installed July 17