Price$650,000
Est. Mortgage: $/month
Open HouseMLS Number 5092689
- Multifamily
- Next Open House: Sun 06/7 10:00 am. to 12:00 pm.
- Address 86 School Street
- Units 3
- Bathroom 3
Attention Investors & Owner-Occupants! The Ultimate Turn-Key 3-Family on Manchester's West Side! Welcome to 86 School Street, a massive multi-family property that checks every single box on a buyer's wishlist. Situated on a prime corner lot in a high-demand rental pocket, this property offers incredible scale, premium mechanics, and zero-headache operations.The first and second stories boast a highly desirable, spacious 1,400 sq.ft. 3-bedroom, 1-bathroom layout averaging an expansive footprint that crushes the local competition. Flooded with natural light, these apartments feature generous living areas, and the perfect layout for long-term, premium tenants. With the second floor vacant, you can live in one unit and "house hack" or rent it out at current market rate! Say goodbye to unpredictable winter heating bills! This building features completely separate, tenant-paid utilities. A natural gas high-efficiency heating systems, 2 tankless on-demand hot water heaters, and separate electric meters.The landlord's expenses are kept incredibly lean, maximizing your Net Operating Income (NOI) from day one. Set on a prominent corner lot, the property offers dedicated off-street parking-a massive premium on the West Side. Tenants will love the convenience of being minutes from Catholic Medical Center (CMC), downtown Manchester's vibrant dining scene, and immediate highway access for an easy commute. With all major mechanical updates already done for you, and COC in hand, 86 School Street is a rare, powerhouse asset to add to your portfolio. Open house on June 6th 10am-12pm. Followed by an Open House on June 7th 10-12pm. Don't miss this West Side gem!
Listed by Shawn Goodwin of Keller Williams Realty-Metropolitan
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