MLS® ID: 4756258
34-36 Cheney Place
Manchester, New Hampshire, 03103 $390,000
Solid MONEY MAKING 5-FAMILY in Convenient South End neighborhood on a quiet street abutting Elementary School and City Park. Nice mix of 1 and 3 Bedroom units, Tenants pay all separate Natural Gas utilities/electric. 5 Newer Nat. Gas Heating systems, newer rubber roof & coin laundry for added Income.Vinyl sided, enclosed side porches. Current GROSS $48,300.00 w/$10,404.00 expenses ( includes taxes) NET 37,896.00 Rents are below market and should bring close to $54,000.00 with moderate increases. An easily managed investment property that we've overseen for past 15 years. 24 hour notice a MUST !!!