A prime investment opportunity in the heart of downtown Manchester, NH. This mixed-unit building features a total of 45 units, consisting of 15 one-bedrooms,10 two-room studios, 18 studios, and two fully leased commercial spaces. It's the quintessential "bread and butter" type of property as it is consistently in high rental demand. This property offers a reliable and stable income stream with average occupancy above 96% for the last 5 years. The mechanical systems have been updated and are well maintained, ensuring long-term sustainability. The Certificate of Occupancy has been approved for the 43 apartments and will be good until 2026. Don't miss the chance to add this downtown investment property to your portfolio. It is close to transportation, restaurants and entertainment. Opportunities like this are sought after, making it a nice addition to your real estate holdings.
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