221 Lake Avenue, Manchester, NH 03103

Listing by: Rich Racine, RE/MAX Innovative Properties, rich@racinerealtyteam.com

0 Beds

n/a Full bath

3,428 SqFt

ActiveUnderContract

Saturday 15th Open House ONLY. Welcome to 221 Lake Ave, a beautifully renovated 3-unit multifamily property in the heart of Manchester, NH. This well-maintained building offers three spacious 3-bedroom, 1-bath units, making it an ideal investment opportunity or a perfect home for an owner-occupant.Unit 1 – Owner Occupant Opportunity: The first-floor unit is vacant and completely renovated, offering a modern living space with fresh finishes throughout. Featuring new flooring, updated kitchen and bathroom, and ample natural light, this unit is ready for you to move in and make it your own. With three generously-sized bedrooms and a full bath, it’s the perfect place to call home while enjoying rental income from the other units. Units 2 & 3 – Investment Potential:Both the second and third-floor units are currently rented, providing an excellent opportunity for steady cash flow. These units also offer three bedrooms and one bathroom, with plenty of space for tenants to enjoy. Off Street parking for 6 cars. Showings to start at open house on 2/15 from 1pm-3pm No other showings outside of those times. Agent Interest

Property Details
Price $600,000
Property Style Multi-Family
Lot Size Area 5227
Acres 0.12
Property Type MultiFamily
Stories 3
Year Built 1920
Roof Rolled
Heating Natural Gas
Foundation Stone
Lot Description City Lot
Geographic Data
County NH-Hillsborough
Latitude 42.987115
Longitude -71.456940813492
Market Area NH-Hillsborough
Address Information
Address 221 Lake Avenue, Manchester, NH 03103
Postal Code 03103
City Manchester
State NH
Country United States
Listing Information
Listing Office RE/MAX Innovative Properties
Listing Office Phone 603-434-4101
Listing Office Email info@innovativesells.com
Listing Agent Rich Racine
Listing Agent Phone 603-434-4101
Attribution Contact rich@racinerealtyteam.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
School Information
District Manchester Sch Dst SAU #37
Elementary School Beech Street School
Middle School McLaughlin Middle School
High School Manchester Central High Sch
MLS® Information
Days on market 7
MLS® Status ActiveUnderContract
Listing Date Feb 12, 2025
Listing Last Modified Feb 20, 2025
Tax Year 2023
Tax Annual Amount 6695
MLS® Area NH-Hillsborough
MLS® # 5029206

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This information is believed to be accurate, but without any warranty.