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Thomas Ferraro

thomasfrealtor@gmail.com +1(774) 254-7538

Listed by Chelsea Leveille • Keller Williams Realty-Metropolitan

$ 850,000

Est. payment | -/mo

8 Beds

3 Baths

3,223 SqFt

Save Virtual Tour

$ 850,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

3 Baths

3,223 SqFt

Open House

Sun Sep 20, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,223 sqft

Price per Sqft $263

MLS Listing ID 5110281

Bedrooms 8

Full Baths 3

Construction Status Existing

Year Built 1920

Annual Tax Amount $6,702

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Calling all investors and owner occupants looking for a true TURNKEY money maker! 747 Beach Street offers the rare opportunity to own a completely renovated 3 family where the work has already been done! Complete renovation redone down to the studs with a 3rd floor addition, creating a low maintenance investment designed to produce income without inheriting someone else's deferred maintenance. Offering two spacious 3 bedroom units plus a 2 bedroom unit, each apartment features its own laundry and updated finishes throughout. With projected annual rents of approximately $88,200 and a 9%+ cap rate, the numbers speak for themselves. Plenty of off street parking plus a garage add even more value and convenience for tenants. Whether you're looking to add a strong performing asset to your portfolio or owner occupy and let the other units help offset your mortgage, this property checks all the boxes. Fresh, updated, income producing and ready to go from day one. Opportunities to purchase a multifamily this extensively renovated don't come around often!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Residential

Rooms

Basement Entrance Walkout

Basement Unfinished

Interior

Cooling None

Flooring Vinyl Plank

Exterior

Garage Spaces 1.0

Utilities Available Cable at Site, Gas On-Site

Roof Type Shingle

Building

Story 3

Sewer Public

Architectural Style Tri-Level

Construction Status Existing

Schools

Elementary Schools Smyth Road School

Middle Schools Hillside Middle School

High Schools Manchester Central High Sch

School District Manchester Sch Dst Sau #37

Others

Virtual Tour https://iframe.videodelivery.net/6c4cc809f14f36928fe0636bfacc6ac5

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(774) 254-7538

thomasfrealtor@gmail.com

Manchester, NH

747 Beech ST Manchester, NH 03104