272 Front St, Manchester, NH 03102

MULTI-FAMILY HOME CLOSE TO EVERYTHING…CLEVER INVESTORS TAKE NOTE! This centrally located five unit property is ready for an owner-occupant or those looking to generate passive real estate income. Minutes to the highway taking you easily to Boston, the seacoast or lakes regions with shopping, restaurants, parks and green spaces just out your door this gem is a short stroll to vibrant downtown Manchester and the scenic Merrimack River. Two stories of gracious covered porches framed with white railings and ornamental supports add to the curb appeal of this historic home. The center entrance leads to a grand staircase and welcoming hallway. Five light and bright apartments span three levels and each feature a different floor plan for true versatility for your renters and boast comfortable, sun-filled rooms accented with updated hard surface flooring. High ceilings give a large sense of space, bay windows and substantial moldings add to the charm. Unique kitchens feature granite, butcher block and solid surfaces and vintage cabinetry. The bonus of laundry facilities on the first floor is a highly desirable perk. A large driveway leads to plentiful parking spaces for renters behind the home for ease of living. Many systems and features have been recently updated and refreshed, making this a superb opportunity for the right buyer. WITH FABULOUS INCOME POTENTIAL IN AN ULTRA-CONVENIENT LOCATION. .. IT’S AN INVESTMENT YOUR TENANTS AND WALLET WILL LOVE!

5-family:12.3% cap rate; 23.5% Return on cash down after P & I on 80% LTV, All-updated, mid-range Money-Maker. NW Manchester, near Amoskeag Bridge. Parking: 10 cars. Many Updates include: new flooring, walls, hallways resheetrocked, heating, roof, painting, porches, plumbing/electrical, exterior lighting, cameras, basement insulated, cabinets, 10 new appliances. .. see multi-fam. disclosure. .. you are all set! Shows clean & bright! Income: $64,140, w/ commercial coin-ops income; Expenses -$14,927 includes taxes, ( -10% for vacancy, mgmt, maint= $6324)-Commercial financing $42,889. NOI