81 Ashland ST Under Contract

Manchester,NH 03104

$ 2135000

- Bed

- Bath

11544 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 11,544 sqft

Price per Sqft $184

MLS Listing ID 5017417

Construction Status Existing

Year Built 1900

Annual Tax Amount $18,400

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it’s conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning R-2

Rooms

Basement Entrance Interior

Basement Concrete Floor,Full,Interior Access

Interior

Cooling None

Flooring Carpet,Hardwood,Vinyl

Exterior

Utilities Available Gas - Underground

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Block

Sewer Public

Construction Status Existing

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