59-61 Nashua Street Manchester, NH 03104
Listing Courtesy of: PrimeMLS / Coldwell Banker Realty / Brandon Gove - Contact:  Off: 603-334-1900

  59-61 Nashua Street Manchester, NH 03104

Pending (31 Days)
$714,900
6
BED
3
BATH
3,254
SQFT

Description

Discover this exceptional 3-unit property located in the heart of Manchester, NH—one of the state’s most sought-after rental markets. This investment gem is perfectly situated within walking distance to schools for all grades, public transportation, and the vibrant downtown area filled with trendy restaurants and shops. Each unit boasts separate utilities, including efficient natural gas heating, ensuring ease of management and tenant convenience. The property sits on an oversized city lot, providing ample off-street parking—a rare find in this bustling area. The property features 7 garage bays and a large shed, offering potential for extra income or valuable storage space. The shed and 3 garage bays are currently rented and bringing in $745 in monthly income. The upstairs 3-bedroom unit spans over 1,500 sq ft, providing spacious living that’s highly desirable in this market for renters and owner occupants alike. All units are currently rented at below-market rates and tenants are on month-to-month leases, offering significant potential for increased income. The large, accessible basement provides even more storage opportunities for each unit. Whether you’re a seasoned investor or looking to start your real estate portfolio, this property presents a unique blend of location, amenities, and income potential that’s hard to match. Don’t miss out on this lucrative investment in Manchester’s thriving rental market! Showings begin at Open House on Saturday 8/17 from 11-1.

MLS #:
5009814
Taxes
$8,270(2023)
Lot Size
0.28 acres
Type
Multifamily
Year Built
1820
Style
Multi-Family
County
Hillsborough County

Listed By

Brandon Gove, Coldwell Banker Realty, Contact: Off: 603-334-1900
Source
PrimeMLS
Last checked Sep 16 2024 at 3:28 PM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
  • City Lot
Property Features
  • Foundation: Concrete
  • Foundation: Block W/ Skim Coating
Heating and Cooling
  • Mini Split
  • Monitor Type
  • Hot Water
Basement Information
  • Interior Entry
  • Unfinished
  • Storage Space
  • Bulkhead
Exterior Features
  • Storage
  • Porch - Enclosed
  • Outbuilding
  • Roof: Shingle
  • Roof: Membrane
Utility Information
  • Utilities: Gas - on-Site, Cable Connected
  • Sewer: Public Sewer on-Site
  • Fuel: Hot Water
School Information
  • Elementary School: McDonough School
  • Middle School: Hillside Middle School
  • High School: Manchester Central High Sch
Parking
  • Paved
  • Parking Spaces 5 - 10
  • Off Street
  • Garage
  • Driveway
Stories
  • Two
Living Area
  • 3,254 sqft
Additional Information: Portsmouth | Off: 603-334-1900
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 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 9/16/24 08:28