59-61 Nashua Street

Description

Discover this exceptional 3-unit property located in the heart of Manchester, NH"one of the states most sought-after rental markets. This investment gem is perfectly situated within walking distance to schools for all grades, public transportation, and the vibrant downtown area filled with trendy restaurants and shops. Each unit boasts separate utilities, including efficient natural gas heating, ensuring ease of management and tenant convenience. The property sits on an oversized city lot, providing ample off-street parking"a rare find in this bustling area. The property features 7 garage bays and a large shed, offering potential for extra income or valuable storage space. The shed and 3 garage bays are currently rented and bringing in $745 in monthly income. The upstairs 3-bedroom unit spans over 1,500 sq ft, providing spacious living thats highly desirable in this market for renters and owner occupants alike. All units are currently rented at below-market rates and tenants are on month-to-month leases, offering significant potential for increased income. The large, accessible basement provides even more storage opportunities for each unit. Whether youre a seasoned investor or looking to start your real estate portfolio, this property presents a unique blend of location, amenities, and income potential thats hard to match. Dont miss out on this lucrative investment in Manchesters thriving rental market! Showings begin at Open House on Saturday 8/17 from 11-1.