53 Lafayette Street Manchester NH Multi Family For Sale $474900

Side Entrance to 2nd Floor and Basement

Rear Yard Fenced

2nd Floor Kitchen

2nd Floor Living

2nd Floor Bed 1

2nd Floor Bed 2

Full Bath

1st Floor Porch access to Basement

Rear Porch Stairs to 2nd Floor

2nd Floor Porch with Entrance to Unit

1st Floor Kitchen

1st Floor Living

1st Floor Bedroom 1

1st Floor Bath

1st Floor Bedroom 2

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53 Lafayette Street Manchester NH
Listed by Amy Chhom The Chhom Group, LLC DBA Realty North

Description:

Presenting a well-maintained two-unit multifamily property featuring two spacious 2-bedroom, 1-bathroom apartments -- an exceptional opportunity for an owner-occupant buyer or seasoned investor alike. This property boasts a strong rental history with over 8 years with the first floor tenant. The first-floor unit will be vacant and ready for investor upside. Second floor was most recently rented as an furnished short term rental and is offered furnished - but currently vacant. Floor plan is an American Foursquare * Two (2) units | 2 Bedrooms / 1 Bathroom each * Below-market rents offer meaningful upside for income growth * Long-term tenant history reflects property stability * Situated in a convenient Manchester neighborhood

Annual Expenses

Taxes: $5,600

Income

Appliances : Tankless Water Heater

Unit Information:

UNIT 1

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 849
Level: 1
Info : Heat Included,Electric Range,Refrigerator
Tenant Pays : Electric,Snow Removal,TV Service
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 754
Level: 2
Info : Appliances Included,Furnished,Electric Range,Refrigerator
Rent : 2400.00 Monthly
Lease Term : Month to Month
Signed Lease : No

Construction Information:

Construction: Vinyl Siding
Year Built: 1940
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2357
Above Grade Sq.Ft.: 1603
Basement: Concrete | Concrete Floor | Interior Access | Basement Stairs

Exterior Color: Gray
Roof: Asphalt Shingle
Seasonal: No

Heating: Natural Gas | Hot Water | Multi Zone | Other
Cooling: None
Electric: Circuit Breaker(s)
Trash: Curbside | Municipal
Utilities: Cable
Electric Meters: 2
Gas_Meters: 1
Water: Public
Sewer: Public

Land Information
City Lot
Lot size: 0.12 acres
Zoned: MX-1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 50
Driveway: Paved

Additional Information

Docs Available : Certificate of Compliance | Property Disclosure | Tax Map
Block - 0
Taxes $5,600
Assesed Value Not Reported

Schools
Elementary School: Northwest Elementary School
Middle School: Parkside Middle School
High School: Manchester West High School

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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