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Priced at $559,000, this multifamily apartment building located at 266 Douglas Street presents a tactical acquisition for investors or owner-occupants in Manchester. The property includes recent capital improvements such as new Rinnai wall heaters and updated hot water heaters, contributing to the asset's overall operational efficiency. Its configuration offers prospective buyers the chance to realize upside potential within a stable residential submarket. Manchester continues to serve as a key economic hub in New Hampshire, benefiting from its proximity to major transit corridors and a consistent demand for housing. The site is well-positioned for those seeking to expand a rental portfolio or acquire a multi-unit property suitable for an owner-occupant arrangement. The local rental market remains supported by the city's diverse employment base and its role as a regional center for education and professional services.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.