201 Auburn Street

Manchester, NH 03103

Don’t miss this killer investment opportunity in the heart of downtown Manchester! This stabilized 3-family property boasts three spacious 3-bedroom, 1-bathroom units. With two units already rented and tenants covering their own heat, electric, and hot water, it's a super low-hassle investment for you. The property pulled in a solid gross income of $53,600 last year, with expenses at $10,122, giving you an estimated net income of $43,478 per year. Plus, there's still room to bump up rents to market rates, offering even more potential for growth. The third-floor unit is vacant and has been recently updated, making it the perfect house hack. Live in the freshly renovated unit and let the rental income from the other two units help pay your mortgage! This is another fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income, potential for rent increases, a prime downtown location, and significant value add potential. Schedule your showing today to get a look for yourself.

Listing courtesy of Breandan Garland of REAL Broker NH, LLC



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Data Last Updated: 2024-09-16 06:30 PM UTC