Updated almost 7 years ago on . Most recent reply
8 Unit Multifamily For Sale in Manchester, New Hampshire
232 Bridge Street | FOR SALE | 8 Unit Investment Property
ADDRESS: 232 Bridge Street, Manchester, NH 03104
PRICE: $595,000 - $74,375/unit
UNITS: 8 (6 & 2)
2018 PROJECTED INCOME: $79,896
2018 PROJECTED EXPENSES: $19,882
PROJECTED SALE CAP RATE: 10.1%
DESCRIPTION: This well-maintained, professionally managed, 8 unit property is a stable investment with some room to grow! Comprised of a six unit building and a two unit building on the same parcel, all of the apartments in this property are two bedrooms that pay their own heat, hot water, and electric bills! In addition to a paved driveway with off-street parking, attached to the two-family building is a three car garage providing additional parking or potential for extra income! The annual income for this property is almost $80,000 annually and the low operating expenses of under $20,000 provide a great opportunity for a profitable investment.
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Matthew Lefebvre
Elm Grove Realty
M. 603-554-2309 | O. 603-505-4900
NH License #070207
KEYWORDS: nh, new hampshire, ma, massachusetts, manchester