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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$474,900

MLS# 5079850
Under Contract 1603 sq.ft. 4 Bedroom | 0 Bathroom
Multi Family
53 Lafayette Street Manchester NH
 
$474,900 | $296 per sq.ft. Under Contract | MLS# 5079850 A 2  Unit Multi Family Home, 53 Lafayette Street Manchester NH With 2 - Two Bedroom Units

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 Appliances : Tankless Water Heater

Annual Expenses
Taxes: $5,600
    Income

UNIT 1 INFORMATION


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 INFORMATION


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

FEATURES AND DETAILS

CONSTRUCTION: Vinyl Siding | Exterior Color Gray | Price Per SQ.FT. 296.26 | Year Built: 1940
LAND DESCRIPTION: LOT DESCRIPTION: City Lot
Avail.Sq.Ft.: 2
Livable Space: 1603
Above Grade Sq.Ft.: 1603
Below Grade Sq.Ft.: 0
Heating: Natural Gas | Hot Water | Multi Zone | Other
Cooling: None
Electric: Circuit Breaker(s)
Style: Colonial
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.12 acres
Zoned: MX-1
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 50
Driveway: Paved

ADDITIONAL INFORMATION
Docs Available : Certificate of Compliance | Property Disclosure | Tax Map
Taxes $5,600  | Assesed Value $286,000 in 2024
SCHOOLS
Elementary School: Northwest Elementary School
Middle School: Parkside Middle School
High School: Manchester West High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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