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  • Listed by: Keller Williams Realty Metro-Concord • Bobbie Gaudette
    Bought with: BHHS Verani Londonderry
    $763,000

    359-361 Lake Avenue, Manchester, NH 03103

    12beds
    5,322sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $788,300 Zestimate®
    $143/sqft
    $2,517 Estimated rent

    Home value

    $788,300

    $725,000 - $859,000

    $2,517/mo

    Zestimate® history
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    What's special

    Modern and well-maintained interiorFully equipped kitchenExpansive unitsDedicated laundry roomIdentical spacious floor plan
    Back on the Market! Buyer's financing fell through. This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobbie Gaudette,

    Keller Williams Realty Metro-Concord 603-226-2220

    Bought with:

    Sean Delisle

    BHHS Verani Londonderry

    Source: PrimeMLS,MLS#: 5021768MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Gas Heater, Hot Water
    Cooling
    • None
    Appliances
    • Included: Owned Water Heater, Separate Water Heater
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Full,Storage Space,Unfinished,Walkout,Walk-Out Access
    Interior area
    • Total structure area: 7,096
    • Total interior livable area: 5,322 sqft
    • Finished area above ground: 5,322
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved, Off Street, On Street
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: 3,Multi-Level
    Lot
    • Size: 6,534 Square Feet
    • Features: City Lot, In Town, Near Hospital
    Details
    • Zoning description: Residential-Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Granite
    • Roof: Flat,Rolled/Hot Mop
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public Water On-Site
    • Utilities for property: Cable, Phone

    Community & HOA

    Location
    • Region: Manchester

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $476,200
    • Annual tax amount: $8,811
    • Date on market: 11/11/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/4/2025Sold$763,000-4.6%$143/sqft
    Source: PrimeMLS #5021768 Report a problem
    1/17/2025Contingent$800,000$150/sqft
    Source: PrimeMLS #5021768 Report a problem
    1/7/2025Listed for sale$800,000$150/sqft
    Source: PrimeMLS #5021768 Report a problem
    12/10/2024Contingent$800,000$150/sqft
    Source: PrimeMLS #5021768 Report a problem
    11/18/2024Listed for sale$800,000$150/sqft
    Source: PrimeMLS #5021768 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Kalivas Union

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: McDonough School
    • Middle: Hillside Middle School
    • High: Central High School
    • District: Manchester Sch Dst SAU #37

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $788,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $788,300