Investment Opportunity: 12-unit

215 Wilson Street Manchester, NH 03103

215 Wilson Street, Manchester, NH, 03103
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,240,000
Last Verified:
May 08, 2024

Highlights

  • Renovated, spacious units w/ separate electric and heat
  • Large parking lot in back & free street options on Wilson St
  • Numerous updates incl:
  • 3 new 40-gal hot water heaters, common area improvements, electric fixtures
  • New flooring, cabinets, countertops, fixtures & appliances in each unit

Description

Unique twelve-unit walk-up property nestled in Manchester, with two buildings situated on a large lot. Both 3-story buildings feature a durable vinyl siding exterior and a total of 10 spacious three-bedroom, one-bath residential units and 2 commercial units on the ground level. All are fully rented with leases in place.
Each unit boasts brand-new kitchens, appliances, flooring, and updated mechanical and plumbing systems, ensuring a modern and comfortable living experience. Separate electric and heat are paid by the tenants. Additionally, two commercial suites on the ground level have long term leases in place. With its strong rental history and attractive features, this property presents a strategic investment opportunity. It could be a great fit for 1031 exchange.

Manchester is a strategic location - the area presents a long term opportunity for your next commercial real estate venture.


Year Built: 1880
Building Size: 14193sq ft
Lot Size: 0.25 acres


Documents

Manchester 12 unit, 215 Wilson St. OM_ (L)

Map of 215 Wilson Street, Manchester, NH, 03103

Presented by:
Coastal Land & Commercial Group

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Viktoria Alkova


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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