Nicole Watkins

Find your lakes region dream home

389 Lake AvenueManchester, NH 03103Sale Price: $1,100,000

  • Sale Price: $1,100,000
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,100,000Sale Price
  • 9Bathrooms
  • 0.21Acreage
  • 6,690Square Feet

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Looking to add a mid-sized multi to your portfolio? Longer-term tenants mean the rents are pretty conservative at current levels, and the current owner pays natural gas heat and hot water as well as electricity, so you can keep that in place for simpler maintenance, or possibly look into splitting some utilities off for a value-add play. Building is comprised of four large studio/1br units, six 1br units, and a 2bed/2bath "cottage" at the rear. Off street parking for two vehicles, but the flat yard provides extra space. Coin-op laundry provides some additional income, and there's a shed that you can keep for your own use or rent that out as well. COC good through November 2025.
Listed by Greg Powers of Keller Williams Realty-Metropolitan

Listing Sold by BHHS Verani Bedford

Property Details of 389 Lake Avenue

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 10, 2026 5:40 PM EDT

 

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