Strong cash flows & stable tenancies. All Large Apartments. Unit 9 is $1295/mo. 9 Apartments in Total; Six 4-Bedroom Apartments and Three 3-Bedroom Apartments, Separate utilities. Easy to rent because of the apartment sizes. Solid 8% cap rate, a great cash on cash return. Building is in decent condition, and has lead safe certificate.

269-273 Cedar Street Manchester NH
  • Listing By: Steve Cotran at RE/MAX Area Real Estate Network LTD 
  • Property Type: Multi-Family 
  • Zoning: R-3 Multi Family 
  • Price: $750,000 
  • Building Size:
  • SqFt-Total Available:
  • Gross Land Area: 0.12 
  • Unit Price (PSF): $73.42 
  • County: NH-Hillsborough 
  • City: Manchester 
  • MLS: 4764595 
  • Listing Updated: July 16, 2019 2:59 PM 
  • Total Units:
  • Operating Expense: 46694 
  • Expense - Utility:
  • Gross Income: 104472 
  • Net Income: 57778 
  • Page Last Updated: July 17, 2019 2:12 AM