Listing courtesy of Matthew Bacon, Anagnost Realty & Development 603-669-6194
637 Harvard Street, Manchester, NH, 03103
10 beds
6 Full baths
1914
Multi-Family
4,413 sqft
Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
R3
Garage:
2-car Garage
Heating:
Natural Gas, Baseboard, Hot Air
Cooling:
None
Basement:
Unfinished
Parking:
Detached
Acreage:
0.13
Est. Taxes:
$10,378
Lot Description:
Sidewalks,Street Lights
MLS #:
5095199