443 Lake Avenue Manchester, NH $ 1,100,000
443 Lake Avenue
$ 1,100,000
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443 Lake Avenue

Manchester, NH, 03103
$ 1,100,000
Baths0.0 Sq 7,897

Monthly Estimate*

$ 7,311

Listed by Matthew Lefebvre, Downtown Realty, 603-554-2309, mlefebvre@dtrnh.com
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Studio

Multi-Family Home for sale in Manchester, NH

for $1,100,000. This 7,897 square foot home was built in 1897 on a lot size of 0.11.

***Exceptional Mixed-Use Investment Opportunity - 8 Units in the Heart of Manchester** Welcome to 443 Lake Avenue & 26-30 Massabesic Street. Situated on the corner of Lake Avenue, Hall Street, and Massabesic Street, these 4 unit properties would make an excellent addition to any portfolio. 443 Lake Avenue is comprised of three apartments (two 2BD/1BA, one 1BD/1BA) and one restaurant. The restaurant is currently leased to Bangkok Kitchen, a thriving Thai Food Restaurant (a local favorite!), with a lease in place until December 2029. 26-30 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. One retail unit is currently leased to Davina Beauty Spa, the other is rented to Bangkok Kitchen for storage. The properties are ideally situated in a location that ensures both tenant satisfaction and business success. Located across the street from Harriman Park and Lake Ave Foodmart, just 1 mile from Elliot Hospital, and a 5 min drive to all amenities Downtown Manchester has to offer. Utilities are separated for every unit across both buildings. Heat and hot water includes a variety of systems with electricity, gas, or oil as the heat source. Don't miss the opportunity to invest in this standout property where residential stability meets commercial vitality- schedule your showing today!

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,581

Style

Multi-Family

Lot Size

0.11

Year Built

1897

Town/City

Manchester

County/Region

Hillsborough

MLS | Web ID

4996145

Features
Interior
Basement Description Dirt
Basement Yes
Heating Fuel Gas - Natural Oil
Total Number of Units 8
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General
Road Frontage Yes
Sewer Public
Heating Baseboard Electric Floor Furnace Wall Units
Cooling None
Utilities Cable - Available
Roof Shingle - Asphalt
Garage No
Flood Zone No
Zoning B-1
Status Active
Year Built 1897
Electric 100 Amp
Style Multi-Family
Stories 2.5
Construction Status Existing
Block 00
Tax Year 2023
Area NH-Hillsborough
Seasonal No
Price Per Sq Ft Total 193.32
Tax Gross Amount 9581
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Exterior
Foundation Concrete Fieldstone
Driveway Paved
Roads Paved Public
Lot Size Area 0.11
Lot 53
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* Excluded Features
List By
Matthew Lefebvre

Listing Agent

Downtown Realty

Broker

(603) 554-2309

Phone

mlefebvre@dtrnh.com

Email

Affordability Calculator

$8,109
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$798
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2024$1,100,000 -8.33% Price Down
5/17/2024$1,200,000 Listed Price

Map


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443 Lake Avenue, Manchester, NH, 03103 is a Multi-Family Home for sale at $1,100,000 with 7,897 sqft and a lot size of 0.11. 443 Lake Avenue is a studio with 0.0 baths and was built in 1897. The property's zip code is 03103 which is in Manchester, NH