For Sale
$250,000

443 Lake Ave Manchester, NH 03103

4-Unit Apartment Building, $250,000

Overview

Added:
Dec 11, 2024
Days on market:
138
This mixed-use building presents a unique redevelopment opportunity in Manchester, New Hampshire. Located at 443 Lake Ave, this three-story, 5,191 square foot property sits on a 0.07-acre lot and is zoned B-1. Built in 1897, the building currently consists of four apartment units: one one-bedroom, one-bathroom unit and two two-bedroom, one-bathroom units. The building previously included a ground-level restaurant space. The net rentable square footage is 3,732 square feet. The property is being sold as-is, where-is, with all faults, and requires cash or hard money offers only. This is a significant redevelopment project in a prime Manchester location. The property's history includes fire damage, requiring a complete assessment of the structural integrity and necessary renovations before occupancy. All showings are by appointment only. This presents a chance to acquire a substantial property in a desirable area at a competitive price, ideal for an investor seeking a hands-on project with high potential return. The property's location in Hillsborough County, zip code 03103, offers easy access to local amenities and transportation. This is a compelling investment for those seeking a challenging yet rewarding project.

Property Details for 443 Lake Ave

Property type
Apartment buildings
Square Feet
5,191 SF
Class
D
Year Built
1897
Buildings
1
Stories
3
Lot Size (sq. ft)
3,049 SF
Units
4

Location Insight

City
Manchester
County
Hillsborough
State
New Hampshire
Latitude
42.987279995151
Longitude
-71.446313025422

FAQs

What type of property is this?
Apartment building - 4-Unit Apartment Building, $250,000
Where is the apartment building located?
The property is located at 443 Lake Ave Manchester, NH.
What is the asking price?
The asking price for this property is $250,000.
How can I contact the broker?
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443 Lake Ave
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