82 Brook StManchester, NH 03101

This exceptional 20-unit apartment building presents a compelling investment opportunity in Manchester, New Hampshire. Located at 82 W Brook St, this property boasts 18,144 square feet situated on a 0.40-acre lot with 25+ paved parking spaces. The building, constructed in 1850, has undergone significant improvements, including a newer roof, windows, and blown-in insulation. Safety features include a wet sprinkler system and fire alarm system. The building comprises thirteen 2-bedroom units, four 3-bedroom units, and three 1-bedroom units; many are spacious two-level apartments with high ceilings. Two coin-operated laundry rooms are currently unused, offering potential for additional income. The property's prime location in Northeast Manchester, near the Millyard, UNH, SNHU, and I-93, makes it highly attractive to renters. Its proximity to numerous commercial firms and restaurants further enhances its appeal. The building is zoned CBD and has an APN of 160-4. The asking price is $4,989,000, or $249,450 per unit, with cash purchase terms. This former mill building, currently leased as apartments, presents a unique opportunity for future development, potentially as luxury condos. Its strong location and recent upgrades make it an ideal investment for a 1031 exchange. Bring your vision and capitalize on this exceptional property in a thriving New Hampshire market.