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Listed by Ryan Whalen • East Key Realty • Cell: 603-809-0101
$ 639,000
Est. payment /mo
Under Contract
340 Spruce ST Manchester, NH 03103
3,936 SqFt
UPDATED:
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
Construction Status Existing
Year Built 1885
Annual Tax Amount $6,874
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
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
Basement Storage Space
Interior
Cooling Wall AC Units
Exterior
Utilities Available Cable at Site, Gas On-Site
Roof Type Metal
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
