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Listed by Camden Steady of Elm Grove Realty

Listing Sold by Elm Grove Realty
This investment property is a turnkey, 3-unit building near downtown Manchester. It's comprised of 3, 3-bedroom apartments and 1, 3-car garage. The second-floor unit is vacant for the option of owner occupancy. With an average monthly rent of $1,693 per unit (at full capacity), this property has a stable tenant base and is a solid investment. This property has seen a large number of capital improvements and cost saving measures including unit renovations, replacement of the garage roof, full weatherization by Southern NH Services, newer boiler, and replacement windows. With a potential gross income of $60,960 and low operating costs, this is sure to turn a profit for any investor. One of the owning entities is a licensed real estate agent. GROUP TOURS BY APPOINTMENT: 5/24 @3PM (full), 5/25 @10AM (full), 5/25 @5PM (full) TOURS FOR VACANT UNIT BY APPOINTMENT (self-tours available) ACCEPTING OFFERS UNTIL 7PM FRIDAY (5/26)

Property Details of 470 Spruce Street

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 21, 2024 10:43 AM EDT

 

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