NH > Manchester
Manchester, NH 03104,59-61 Nashua ST
Manchester, NH 03104,59-61 Nashua ST
Manchester, NH 03104,59-61 Nashua ST
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Listed by Brandon Gove • Coldwell Banker Realty Portsmouth NH • Off: 603-334-1900
$714,900
Est. payment /mo
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6 BD
3 BA
3,254 SqFt
Under Contract

59-61 Nashua ST Manchester, NH 03104

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Billy Abildgaard

Billy Abildgaard

+1(617) 315-0404

UPDATED:

08/23/2024 02:54 PM

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,254 sqft

Price per Sqft $219

MLS Listing ID 5009814

Bedrooms 6

Full Baths 3

Construction Status Existing

Year Built 1820

Annual Tax Amount $8,270

Tax Year 2023

Lot Size 0.280 Acres

Acres 0.28

Property 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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning R3

Rooms

Basement Entrance Interior

Basement Bulkhead, Storage Space, Unfinished, Interior Access

Interior

Heating Gas - Natural

Cooling Mini Split

Exterior

Garage Spaces 7.0

Garage Description Driveway, Garage, Off Street, Parking Spaces 5 - 10, Paved

Utilities Available Cable - At Site, Gas - On-Site

Roof Type Membrane,Shingle

Building

Story 2

Foundation Concrete, Block w/ Skim Coating

Sewer Public Sewer On-Site

Construction Status Existing

Schools

Elementary Schools Mcdonough School

Middle Schools Hillside Middle School

High Schools Manchester Central High Sch

PrimeMLS

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Billy Abildgaard

Broker | License ID: 9571935

+1(617) 315-0404

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59-61 Nashua ST