Listing courtesy of Savannah Levasseur, Keller Williams Realty-Metropolitan Phone: 603-232-8282
470 Spruce Street, Manchester, NH, 03103
18 rooms
9 beds
1910
Apartment Building, Multi-Family
3,312 sqft
Welcome to 470 Spruce Street, a beautifully maintained 3-family home that represents a sound investment opportunity for those seeking a property that is already income-producing. This exceptional property features three spacious three-bedroom units, currently grossing a monthly income of $6,280, while the first floor unit is rented under value. Each unit is designed for comfort and practicality, making it highly attractive to tenants and ensuring consistent rental income. A standout feature of this property is the three-stall garage and additional parking, a rare and valuable amenity in the city that enhances its rental appeal. While the owner covers gas expenses, the overall property expenses are kept impressively low, maximizing net income and ensuring a strong return on investment. The well-maintained interiors and modern upgrades, including contemporary appliances and fresh paint, contribute to the property's desirability and tenant retention. Centrally located, 470 Spruce Street is conveniently close to schools, parks, shopping, dining, and major highways, offering easy access to all that Manchester has to offer. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a reliable income-generating property, this home offers both immediate returns and long-term growth potential. Don't miss out on this prime investment opportunity. Showings begin on Saturday, June 8th. 24 Hour notice required. OFFER DEADLINE 8PM 6/10. Thank you.
Status:
Pending
Type:
Multi-family
Units:
3
Zoning:
Residential
Garage:
3-car Garage
Heating:
Steam
Cooling:
None
Basement:
Bulkhead, Concrete Floor, Stairs - Interior, Unfinished, Interior Access, Exterior Access, Stairs - Basement
Parking:
Detached, Assigned, Driveway, Garage, Leased, Off Street, Parking Spaces 6+, Paved
Acreage:
0.13
Est. Taxes:
$7,749
Lot Description:
City Lot,Curbing,Landscaped,Sidewalks
Elementary School:
Henry Wilson School
Middle School:
Hillside Middle School
High School:
Central High School
School District:
Manchester Sch Dst SAU #37
MLS #:
4999294