REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Nikki Kalantzis • Realty One Group Next Level
$ 850,000
Est. payment | /mo
7 Beds
4 Baths
4,320 SqFt
$ 850,000
Est. payment | /mo
7 Beds
4 Baths
4,320 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $196
MLS Listing ID 5093367
Bedrooms 7
Full Baths 4
Construction Status Existing
Year Built 1920
Annual Tax Amount $9,537
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesdays 6 at 6pm, Thursdays at 12pm and Saturdays at 1pm by APPOINTMENT ONLY!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Residential Multi Family
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Flooring Hardwood, Other
Exterior
Utilities Available Other
Roof Type Flat,Other
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
School District Manchester School District
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Merrimac, MA
- Homes For Sale in Andover, MA
- Homes For Sale in Wilmington, MA
- Homes For Sale in Windham, NH
- Homes For Sale in Dracut, MA
- Homes For Sale in Wakefield, MA
- Homes For Sale in Salem, NH
- Homes For Sale in Manchester, NH
- Homes For Sale in Gloucester, MA
- Homes For Sale in Worcester, MA
- Homes For Sale in Concord, NH
- Homes For Sale in Groton, MA
- Homes For Sale in Methuen, MA
- Homes For Sale in Billerica, MA
- Homes For Sale in Plaistow, NH
- Homes For Sale in Franklin, MA
- Homes For Sale in Boston, MA
- Homes For Sale in Tewksbury, MA
- Homes For Sale in Leominster, MA
- Homes For Sale in Melrose, MA
- Homes For Sale in Groveland, MA
- Homes For Sale in Lawrence, MA
- Homes For Sale in Fitchburg, MA
- Homes For Sale in Orange, MA
- Homes For Sale in Brockton, MA
- Homes For Sale in Boxford, MA
- Homes For Sale in North Andover, MA
- Homes For Sale in Haverhill, MA
- Homes For Sale in Lowell, MA
- Homes For Sale in Lynn, MA
- Homes For Sale in Marlborough, MA
- Homes For Sale in Pelham, NH