Price Reduced 8.33%

$1,100,000 ($193.32 per sqft)

Est. Mortgage $5,781/mo *

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Listing courtesy of Matthew Lefebvre, Downtown Realty Phone: 603-554-2309

Price History

$1,200,000
5/17/2024

$1,100,000
5/29/2024

443 Lake Avenue, Manchester, NH, 03103

443 Lake Avenue, Manchester, NH, 03103
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0 beds

1897

Multi-Family

5,690 sqft

***Exceptional Mixed-Use Investment Opportunity - 8 Units in the Heart of Manchester** Welcome to 443 Lake Avenue & 26-30 Massabesic Street. Situated on the corner of Lake Avenue, Hall Street, and Massabesic Street, these 4 unit properties would make an excellent addition to any portfolio. 443 Lake Avenue is comprised of three apartments (two 2BD/1BA, one 1BD/1BA) and one restaurant. The restaurant is currently leased to Bangkok Kitchen, a thriving Thai Food Restaurant (a local favorite!), with a lease in place until December 2029. 26-30 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. One retail unit is currently leased to Davina Beauty Spa, the other is rented to Bangkok Kitchen for storage. The properties are ideally situated in a location that ensures both tenant satisfaction and business success. Located across the street from Harriman Park and Lake Ave Foodmart, just 1 mile from Elliot Hospital, and a 5 min drive to all amenities Downtown Manchester has to offer. Utilities are separated for every unit across both buildings. Heat and hot water includes a variety of systems with electricity, gas, or oil as the heat source. Don't miss the opportunity to invest in this standout property where residential stability meets commercial vitality- schedule your showing today!

Status:

Active

Type:

Multi-family

Units:

8

Zoning:

B-1

Frontage:

170

Heating:

Baseboard, Electric, Floor Furnace, Wall Units

Cooling:

None

Basement:

Dirt

Acreage:

0.11

Est. Taxes:

$9,581

Lot Description:

City Lot,Corner

MLS #:

4996145

Community Info

School Info

Walk Score

Mass Transit

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