Listing courtesy of Beth Decato, Keller Williams Realty-Metropolitan 603-232-8282
194 Spruce Street, Manchester, NH, 03103
24 rooms
9 beds
5 Full baths
1910
Multi-Family
3,579 sqft
Fantastic Investment Opportunity with this Legal 5-Unit Multifamily. Discover the potential in this well-maintained 5-family property, offering a strong unit mix with two 1-bedroom units (units 2 and 4), two 2-bedroom units (units 1 and 4), and one 3-bedroom unit (unit 3). Built in 1910, this building blends historic character with essential modern updates. Previously utilized for city supportive housing, the property is compliant with two egresses for every unit, a sprinkler system, and a current Certificate of Compliance (COC) in process to be delivered at closing. Systems and structure have been responsibly maintained, providing a solid foundation for continued rental income or future value-add improvements. “As-is” sale, Parking in the alley behind the building, public parking on street in front of building. A rare chance to acquire a compliant, income-producing multifamily in a convenient location. Ideal for seasoned investors or those looking to expand their portfolio.
Status:
Pending
Type:
Multi-family
Units:
5
Zoning:
residential
Frontage:
50
Heating:
Natural Gas, Forced Air
Cooling:
None
Basement:
Unfinished
Acreage:
0.12
Assessment
$397,900
Lot Description:
City Lot
Elementary School:
Beech Street School
Middle School:
McLaughlin Middle School
High School:
Central High School
School District:
Manchester Sch Dst SAU #37
MLS #:
5074460