$1,595,000

Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including several new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, over-improved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public garage under construction directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester's most desirable rental locations.