Listing courtesy of Shawn Goodwin, Keller Williams Realty-Metropolitan 603-232-8282
86 School Street, Manchester, NH, 03102
17 rooms
9 beds
3 Full baths
1900
Multi-Family
3,560 sqft
Attention Investors & Owner-Occupants! The Ultimate Turn-Key 3-Family on Manchester’s West Side! Welcome to 86 School Street, a massive multi-family property that checks every single box on a buyer’s wishlist. Situated on a prime corner lot in a high-demand rental pocket, this property offers incredible scale, premium mechanics, and zero-headache operations.The first and second stories boast a highly desirable, spacious 1,400 sq.ft. 3-bedroom, 1-bathroom layout averaging an expansive footprint that crushes the local competition. Flooded with natural light, these apartments feature generous living areas, and the perfect layout for long-term, premium tenants. With the second floor vacant, you can live in one unit and "house hack" or rent it out at current market rate! Say goodbye to unpredictable winter heating bills! This building features completely separate, tenant-paid utilities. A natural gas high-efficiency heating systems, 2 tankless on-demand hot water heaters, and separate electric meters.The landlord’s expenses are kept incredibly lean, maximizing your Net Operating Income (NOI) from day one. Set on a prominent corner lot, the property offers dedicated off-street parking—a massive premium on the West Side. Tenants will love the convenience of being minutes from Catholic Medical Center (CMC), downtown Manchester's vibrant dining scene, and immediate highway access for an easy commute. With all major mechanical updates already done for you, and COC in hand, 86 School Street is a rare, powerhouse asset to add to your portfolio. Open house on June 6th 10am-12pm. Followed by an Open House on June 7th 10-12pm. Don't miss this West Side gem!
Status:
Pending
Type:
Multi-family
Units:
3
Zoning:
MDL-01
Heating:
Natural Gas
Cooling:
None
Basement:
Concrete, Concrete Floor, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Exterior Access, Basement Stairs
Parking:
Assigned, Driveway, Off Street, On Street, Parking Spaces 6+, Paved
Acreage:
0.12
Est. Taxes:
$7,691
Assessment
$392,800
Lot Description:
Corner,Level,Neighbor Business,In Town,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Neighborhood,Near Public Transport,Near Hospital,Near School(s)
School District:
Manchester Sch Dst SAU #37
MLS #:
5092689