Multi-Family for Sale: 443 Lake Avenue, Manchester, NH 03103

5,690 sqft
$1,025,000
$1,025,000
443 Lake Avenue, Manchester, NH 03103
5,690 sqft
$1,025,000
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Price:
$1,025,000
$75,000 - 06/05/2024

Type Multi-Family
Style Multi-Family
Square Feet 5,690 sqft
Lot Size 0.11 acres
Year Built 1897
Taxes Paid $9,581

City Manchester
County Hillsborough

MLS 4996145
Status Pending
DOM 41 days
***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!

Lot & Building Features

Utilities Cable - Available
Construction Asbestos Exterior, Wood Frame, Vinyl Siding
Cooling None
Heat Source Gas - Natural, Oil
Heating Baseboard, Wall Units, Floor Furnace, Electric
Sewer Public
Tax Year 2023
Taxes Paid $9,581
Water Public
Basement Description Dirt
Foundation Concrete, Fieldstone
Lot Description City Lot, Corner
Roof Shingle - Asphalt
Garage No

Price History of 443 Lake Avenue, Manchester, NH

Date Name Price Difference
06/05/2024 Price Adjustment $1,025,000 6.82%
05/29/2024 Price Adjustment $1,100,000 8.33%
05/17/2024 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 443 Lake Avenue, Manchester, NH

Location Map Street View
Photo of Rylan Mitter-Burke
Direct: 508-641-7800
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Downtown Realty, Matthew Lefebvre
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20%
0.93473170731707%
6.75%
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$
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Principal & Interest
Monthly Taxes
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Monthly Home Ins.
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443 Lake Avenue (MLS #4996145) is a multi-family listing located in Manchester, NH. This multi-family listing is 5,690 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 127 years old. This property was listed on 05/17/2024 and has been priced for sale at $1,025,000.

Nearby zip codes are 03013, 03032, 03103 0000, 03104 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Downtown Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/01/2024