605 Hall St

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605 Hall St

Manchester, NH 03104
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Manchester New Hampshire
  • The residential property consists of two separate individual units
  • Priced at two hundred seventy-four thousand nine hundred fifty dollars per unit
  • Located within the 03104 zip code in the city center
  • Asset profile suits investors looking for stable residential income streams

What's Special

This multifamily apartment building at 605 Hall St in Manchester, New Hampshire, is currently available for purchase by investors seeking stable residential assets. The property contains two distinct units, providing a manageable configuration for those entering the local rental market. Manchester serves as the economic hub of New Hampshire, benefiting from a steady population base and consistent demand for quality housing within the region. Its central location provides residents with access to local amenities and major transportation routes that serve the greater Merrimack Valley area. Given the current configuration of the building, the asset is suitable for investors looking to expand their residential portfolio or for owner-occupants interested in house hacking strategies. The density of the surrounding neighborhood supports long-term occupancy potential for diverse tenant profiles, ranging from young professionals to small families. This transaction presents a straightforward opportunity to acquire income-producing real estate in a key New England market known for its affordability and proximity to larger metropolitan centers in Massachusetts.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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