Listing courtesy of Matthew Lefebvre, Downtown Realty 603-554-2309
67 Stark Street, Manchester, NH, 03101
0 beds
1890
Multi-Family
15,408 sqft
Presenting a well-maintained ±15,408 SF mixed-use brick building ideally located in the historic Millyard district in Manchester’s vibrant downtown core. This stately asset comprises 14 residential units, 1 commercial unit, and plenty of off-street parking on a ±0.23-acre lot. With 12 off-street parking spaces and two garages—this provides an attractive feature for tenants and owners alike. The residential unit mix consists of nine 1-bedroom/1 bathroom garden-style apartments, four 2-bedroom/1 bathroom garden-style units, and one, massive 2 bedroom/1-bathroom “owner’s unit” with its own private garage and basement. Originally purchased in 2013, this building has been carefully maintained seeing upgrades including new windows, boiler, water heaters, electrical panels, decks, roofing, and much more. All apartments benefit from heat and hot water included in rent, supplied by natural gas, forced hot water boilers. Significant upside exists within the rents for this generational asset which offers a stable in-place return and plenty of room to grow. Its strategic location, solid unit mix, and reliable income stream make it an excellent addition to any real estate portfolio.
Status:
Active
Type:
Multi-family
Units:
15
Zoning:
Central Business District
Garage:
2-car Garage
Heating:
Natural Gas, Hot Water
Cooling:
None
Basement:
Concrete Floor, Finished, Full
Parking:
Off Street
Acreage:
0.24
Est. Taxes:
$33,641
Lot Description:
City Lot,Near Shopping,Neighborhood,Near Hospital
MLS #:
5045076