Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it's conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.

More Info

Tax Information

Tax Year2023

Building

Year Built1900
Building ConstructionWood Frame, Vinyl Siding
Units11
# of 2 Bedrooms11
BasementConcrete Floor, Full, Interior Access
FoundationBlock

Utilities

Heat SystemNatural Gas, Space Heater
Electric60 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesGas - Underground

Basic Information

StatusPEN
List Price$2,135,000
Date Price Change10/04/2024
MLS Number5017417
MLS StatusPending

Property

Acreage0.22
GarageNo
Parking Spaces
Lot Description
- Corner
- Level
- Near Hospital
- Near School(s)
- Near Shopping
- Neighborhood
Lot39
Square Feet11,544
APX Fin AG Sqft11,544
Road Frontage104
AreaNH-Hillsborough

Location

TownManchester
StateNH
Zip03104
CountyHillsborough
ZoningR-2
Address81 Ashland Street
Flood Zone Y/NNo

Interior

FloorsCarpet, Hardwood, Vinyl

Exterior

RoofShingle - Asphalt
Exterior ColorWhite

Amenities

PricePerSqFt184.94

Other

Taxes$18,400
Seasonal Y/NNo
Date Listed10/04/2024
View Count3

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 14, 2025 5:22 AM EST

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