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377 Manchester Street
Manchester, NH 03103
Asking Price
$1.73M
Asset Type
Multifamily
Class
Class B
What's Special
3-Property Package Deal | 9 Units <ul><li>Well-maintained 9-unit multifamily portfolio located on the East Side of Manchester, consisting of three adjacent 3-unit buildings at 377, 379, and 383 Manchester Street.</li><li>Current rents are approximately $1,325-$1,475/month for the 1-bedroom units and ~$1,750/month for the 2-bedroom units, generating a combined ~$163K/year in gross income and an estimated ~$105K in net operating income. </li><li>Conveniently located, 377, 379, and 383 Manchester Street offer easy access to dow
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NOI
$80,000
Cap Rate
4.64%
DSCR
0.78
Underwater
Cash-on-Cash
-4.33%
Monthly Payment
$8,534.359
Annual Cash Flow
$-22,412.306
