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

$599,000

MLS# 5086356
Under Contract 3370 sq.ft. Bedroom | 0 Bathroom
Multi Family
286 Lake Avenue Manchester NH 		 
$599,000 | $178 per sq.ft. Under Contract | MLS# 5086356 A 2  Unit Multi Family Home, 286 Lake Avenue Manchester NH With 2 - Three Bedroom Units

Description:
Stunning Fully Renovated Two-Family - One of the Finest in the city. Welcome to this exceptional, fully renovated two-family residence offering the perfect blend of modern luxury and timeless character. This expansive property stands out as one of the more premiere renovated multi families in the area of Manchester, boasting impressive scale, soaring ceilings, and meticulous upgrades throughout. The exterior is a beautiful, maintenance free oasis for tenants. Each unit has been completely transformed with higher-end finishes, featuring open-concept layouts and plenty of space and storage. An abundance of natural light fills both units. The tall ceilings on the first floor create an airy, elegant feel, enhancing the already generous square footage. New kitchens showcase premium cabinetry, sleek countertops, and newer appliances, while the updated bathrooms offer spa-like comfort with designer fixtures and finishes. No detail has been overlooked--from updated systems and utilities to refined craftsmanship floors, paint, trim, lighting in every room. The sellers added dedicated electric outlets next to the bedroom windows downstairs for window air conditioners and a full central A/C upstairs. Whether you're an investor seeking strong rental potential or an owner-occupant looking for luxury living with added income, this property delivers on all fronts. Situated close to local amenities, dining, shopping, and major routes, this turnkey multifamily is a rare offering that combines size, style, and sophistication. Offered by a professional management company vacant for a new buyer's to start fresh. A tenant is also on hold and prepared to move in June of this year with a $2,300 monthly rent. The second floor could also be filled by the management company prior to closing for the same amount, or left empty for a perfect owner occupied building. Don't miss your opportunity to own one of the most impressive multi family homes on the market inside, in the basement and out.

Annual Expenses
Taxes: $7,671 		    Income
UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Exterior | Vinyl Siding | Price Per SQ.FT. 177.74 | Year Built: 1900
 LAND DESCRIPTION: LOT DESCRIPTION: Landscaped | Level
Avail.Sq.Ft.: 2
Livable Space: 3370
Above Grade Sq.Ft.: 3370
Below Grade Sq.Ft.: 0
Heating: Natural Gas
Cooling: Central AC | Other
Electric: 200+ Amp Service | Circuit Breaker(s)
Style: Multi-Family
Roof: Architectural Shingle
Water: Public
Sewer: Public
Lot size: 0.15 acres
Zoned: R-3
Surveyed: Unk
Flood Zone: No
Seasonal: No
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $7,671  | Assesed Value $0 in 2024
SCHOOLS
School District: Manchester School District
High School: Manchester Memorial High Sch
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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