New ListingCalling 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!
| MLS # | 5110281 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1920 |
| Days On Site | 4 |
| Listing Provided By | Keller Williams Realty-Metropolitan | Chelsea Leveille |
| Garage | 1 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.14 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Natural Gas |
| Exterior Features | Deck, Porch, Storage |
|---|---|
| Roof | Shingle |
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Fieldstone |
| Lot Features | City Lot, Level |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved |
| Utilities | Cable at Site, Gas On-Site |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 6702 |
|---|---|
| Tax Assessed Value | 342300 |
| Tax Block | 0 |
| Tax Lot | 19 |
| Tax Year | 2024 |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03104 |
| Area | NH Hillsborough |
| School District | Manchester Sch Dst SAU #37 |
| Elementary School | Smyth Road School |
| High School | Manchester Central High Sch |
| Listing VS Median (in 03104) | |
Price: $850,000 low | high Med: $0 On site: 4 low | high Med: | |
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03104 |
| Area | NH Hillsborough |
| School District | Manchester Sch Dst SAU #37 |
| Elementary School | Smyth Road School |
| High School | Manchester Central High Sch |
| Listing VS Median (in 03104) | |
Price: $850,000 low | high Med: $0 On site: 4 low | high Med: | |