$725,000

House for sale Manchester
Property photo number 1 of 6 Photos for Property. File  104442766_29_1c9e20c7f4c99064fe9227220fec5ebb.jpeg

Overview

SUMMARY: Discover an opportunity with this Manchester house for sale and available for $725,000. This could be your next ideal home or a smart investment. More details await.
**BEST AND FINAL by Wednesday 12 pm**....Set behind a classic stone wall and framed by mature trees, 12-14 Arch Street presents a rare opportunity to acquire a fully occupied 4-family asset combining strong in-place cash flow, timeless New England character, and meaningful
upside potential. Generating over $103,000 in annual gross income, the property features an ideal unit mix of two 2-bedroom apartments and two 3-bedroom apartments, providing broad tenant appeal and long-term stability. Each apartment offers spacious layouts, abundant natural light, hardwood flooring, updated kitchens and baths, and the architectural charm that continues to attract quality tenants. Enclosed porches, oversized windows, and classic period details create a living experience that stands apart from typical multifamily offerings. The current ownership includes heat in the rent (newer gas boiler) while tenants are responsible for their own electric and other household utilities. With upcoming lease turnover opportunities, investors have multiple ways to boost returns while keeping strong occupancy. Conveniently located near downtown Manchester, shopping, restaurants, parks, and major commuter routes, It offers the rare combination of immediate cash flow, stable tenancy, and future value add.

Details

  • Beds: 10
  • Baths: 4
  • Price: $725,000
  • Area: 4,659 sqft

Location

Marketed by:

Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.