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Wellsco Realty Partners
747 Beech St, Manchester, NH 03104
Listing Courtesy of : Chelsea Leveille from Keller Williams Realty-Metropolitan
- $850,000
- 3,223
- SqFt
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 5110281
- Living Area
- 3,223
- Lot Size (Acres)
- 0.14
- Style
- Tri-Level
- Year Built
- 1920
Property Description
Calling all investors and owner occupants looking for a true TURNKEY money maker! 747 Beach Street offers the rare opportunity to own a completely renovated 3 family where the work has already been done! Complete renovation redone down to the studs with a 3rd floor addition, creating a low maintenance investment designed to produce income without inheriting someone else’s deferred maintenance. Offering two spacious 3 bedroom units plus a 2 bedroom unit, each apartment features its own laundry and updated finishes throughout. With projected annual rents of approximately $88,200 and a 9%+ cap rate, the numbers speak for themselves. Plenty of off street parking plus a garage add even more value and convenience for tenants. Whether you’re looking to add a strong performing asset to your portfolio or owner occupy and let the other units help offset your mortgage, this property checks all the boxes. Fresh, updated, income producing and ready to go from day one. Opportunities to purchase a multifamily this extensively renovated don’t come around often!
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Additional Information
- Taxes
- $6,702
- Exterior Features
- Deck, Porch, Storage
- Parking Features
- Paved
- Water Source
- Public
- Roof
- Shingle
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Smyth Road School
- Middle School
- Hillside Middle School
- High School
- Manchester Central High Sch
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