81 Ashland Street Manchester, NH

$2,135,000
Square Footage 11,544
Acres 0.22
Photo of 81 Ashland Street Manchester NH 03104




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.


Listed by Keller Williams Realty-Metropolitan, Doug Martin

Details

MLS 5017417
Price $2,135,000
Status Pending
DOM 70 days
Type Multi-Family
Style Multi-Family, Multi-Level
Square Feet 11,544 sqft
Lot Size 0.22 acres
Year Built 1900
Taxes Paid $18,400

Lot & Building Features

Utilities Gas - Underground
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Natural Gas, Space Heater
Sewer Public
Tax Year 2023
Taxes Paid $18,400
Water Public
Basement Description Concrete Floor, Interior Access, Full
Foundation Block
Lot Description Corner, Neighborhood, Near Shopping, Near School(s), Near Hospital, Level
Roof Shingle - Asphalt
Garage No

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Financing

$
20%
0.86182669789227%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.