348-350 CENTRAL STREET Manchester, NH 03103 | Multi-Family
$485,000
Listing Courtesy of
Pierre Peloquin Realty
Description
OPPORTUNITY IS KNOCKING !!! IDEAL MONEY MAKING 4-FAMILY INVESTMENT consisting of a TEXAS SIZED 3-Unit in addition to a SEPARATE Detached COTTAGE. The 3-Family has SPACIOUS 3 Bedroom units & the COTTAGE features 4 Bedrooms and 2 Baths ( One on each floor). Tenants PAY ALL UTILITIES, Vinyl sided, new roofs 8 years ago, paved parking for 5 cars, small fenced yard. 1st TIME OFFERED IN 35 YEARS with several Wonderful LONG TERM TENANTS. Rents are waaay below market. Current Gross $47,340.00 w/$11,139.00 expenses ( includes taxes). SOLID NET of $36,201.00. Potential Gross of $60,000.00 at market rents. No FHA financing due to flaking exterior paint.