Residential Income in Manchester

$639,900

359 Pearl, 03104, Manchester, NH

Residential Income for sale in Manchester, 359 Pearl, 03104, 3002 m²

359 Pearl, 03104, Manchester, NH

$639,900

3002m²
Type: Residential Income

Description

New and improved rent increases and opportunity for great increases. ! Prime Investment Opportunity in Manchester! Welcome to 359 Pearl St, a versatile 3-family property situated in a highly walkable, convenient neighborhood close to Derryfield Park and McIntyre Ski Area. Offering 3, 002 square feet of total living space, this classic multi-family features 7 total bedrooms and 3 full bathrooms. The unique layout includes two generously sized, side-by-side two-story 3-bedroom units, plus a private single-story 2 bedroom unit in the rear. The property is fully occupied with long-term tenants, including one unit on a tenant-at-will agreement, presenting an ideal scenario for an owner-occupant looking to move in while generating immediate rental income from the other units. With long term tenants, there is great room for increases rents. Utility management is simple and seamless, with separate utilities for all three units and tenants paying their own usage. Equipped with dedicated off-street parking, low-maintenance vinyl siding, a durable asphalt shingle roof, and efficient forced hot water heating, this turn-key building is designed for easy management. Residents will love the prime location near local dining, public transportation, downtown amenities, and major commuter routes AND in a great part of town! Whether you are expanding your portfolio or searching for a smart owner-occupied investment, this property offers incredible long-term potential.

Agent Information

Location

359 Pearl, 03104, Manchester, NH

Data

Object TypeResidential Income
Purchase Price$639,900
Living Space3002 m²
Plot Size485.6 m²
BathroomsN/A
Construction Year1930
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas, Boiler
Primary Energy SourceN/A
Construction Year1930
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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