Money Maker in Manchester. Best 5-unit deal on the market today! All units fully occupied with good people. The 3-4 bedroom unit on the first floor is occupied by the same family for years. Two other units are asking for a lease renewal. Remaining two units are the only truly "month-to-month" folks. HEAT- oil/steam heat [new boiler] mainly for the first floor only, every other unit has its own gas space heater paid for by the tenant and gas hot water heaters. Electric is included, some work has been done to separate out electric but was never concluded. Approximately $80,000 in non-cosmetic renovations completed in the last three years resulting in a Lead Safe Certification and a completely new back deck built. Tenants responsible for their own snow removal. Walking distance to downtown. Investors take note. New CoC this summer good for 3 years. Could use upgrades to increase rents. Rents not raised to keep good tenants in place. Broker interest. See NonPublic Remarks.
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Listing Courtesy ofAssociated Attorneys of New England