340 Spruce ST Under Contract

Manchester,NH 03103

$ 639000

- Bed

- Bath

3936 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,936 sqft

Price per Sqft $162

MLS Listing ID 5052971

Year Built 1885

Annual Tax Amount $6,874

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

3-Family in Manchester with Major Updates & Investment Upside! This well-maintained 3-family property features two spacious 3-bedroom units and one 2-bedroom unit, making it ideal for investors. Off-street parking for 4+ vehicles, separate utilities, and a 5-year-old metal roof add to its long-term durability and appeal. The first-floor unit has been fully renovated originally to be owner occupied by the owner. Renovations include new cabinets, granite countertops, new sheetrock, updated vinyl flooring, new appliances, and a completely remodeled bathroom with new shower surround, sink, and vanity. A new water heater, newer furnace, and keyless entry locks on all doors offer added convenience and energy efficiency. Additionally, a new porch was professionally installed last year for the third-floor unit. With rents currently below market, there is significant room for income growth, making this a strong cash-flow opportunity in a desirable rental market. Don't miss this chance to own a low-maintenance, income-generating property with major upgrades already completed!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Residential

Rooms

Basement Entrance Interior

Interior

Cooling Wall AC Units

Exterior

Utilities Available Cable at Site,Gas On-Site

Roof Type Metal

Building

Story 3

Sewer Public

View More
Favorite Go Tour