
Manchester, NH604 Beech Street
Sale Price$900,000
MLS Number 4966175
- Multifamily
- Address 604 Beech Street
- Units 6
- Bathroom 6
- Acreage 0.18
Fully occupied six-unit multi-family building consisting of two one-bedroom units, two spacious one+ bedroom units, a sprawling two-bedroom unit on the third floor, and a distinctive bi-level, one-bedroom unit. The building has had many upgrades over the years while still proudly presenting its original charm with the preserved decorative moldings seen on the exterior. The total annual rental income amounts to $95,280.00, with a net operating income of $72,799.60. There's opportunity for value enhancement by introducing laundry facilities, potentially using the existing hook-ups in the basement, and following a financial pro-forma, $115,200.00, based on market rents. Three of the units have been turned and are nicely updated and though the other three units are clean and well-kept, there is still room to add value by making some cosmetic improvements. The property has two paved driveways, providing ample parking. Its convenient location is walking distance to downtown and access to interstates 293 and 93 is only minutes away. Easy to rent with heat being included! New roof! COC is good through 3/28/2026. Don't let this investment opportunity pass you by! Showings by private appointment.
Listed by Casey Purinton and Vanessa Purinton of BHHS Verani Londonderry
Listing Sold by BHHS Verani Nashua
















