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Listed by Nick Gray of Gray Property Group,LLC

Listing Sold by Gray Property Group, LLC
5-unit multifamily property on the East Side of Manchester consisting of two triple-deckers totaling four 2-bed, 1-bath units and one 1-bed, 1-bath unit. The upstairs apartment in the front building spans the second and third floors and is owner-occupied by members of a family that has owned the property for nearly 100 years. Three of the other four apartments are rented to tenants-at-will at below market rates and one apartment is being purposely held vacant for the next buyer. Plenty of upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. A driveway provides two off-street parking spaces and there is ample street parking available in the vicinity. The property's certificate of compliance (COC) is active and is in the process of being renewed. Delayed showings will begin Friday, April 21st.

Property Details of 396-398 Cedar Street

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Copyright 2024 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 June 17, 2024 1:11 PM EDT

 

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