82 Brook St, Manchester, NH 03101
- Commercial real estate
- 18,144 SF
Current Use by Public Records
- Jungle Worldwide Online Store / Marketing & Advertising / IT Consulting Firm
Property Details for 82 Brook St
- Year built
- 1850
- Property type
- Commercial real estate
- APN
- 160-4
Description
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.
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Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4665175
- Latitude
- 42.9995003
