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Manchester Multi-Family Properties for Sale

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Newest Manchester Multi-Family Homes for Sale

$450,000
What Makes This Bolton Hill 2-Unit for Sale Special: Discover the investment potential at 1208 Bolton Street, a remarkable end-of group rowhome situated on a prestigious block in the coveted Bolton Hill neighborhood. With 2 stories, 2 bedrooms and 2 full baths in each apartment, this property offers an exceptional opportunity for both tenants and investors. Residents enjoy a private oasis in the back yard, with a wooden pergola and mature plants and flowers. Investment Property Details: Apartment One was owner occupied for years and has significant upgrades. With new central air conditioning and new Pella vinyl replacement windows, featuring internal blinds, tenants enjoy a comfortable and energy-efficient living environment. Both apartments have hardwood floors throughout living spaces and scattered accent features, such as mirrored walls, track lighting and hanging chandeliers. Kitchens are designed for function and include 5-burner gas ranges, dishwashers and disposals, accented with granite countertops and real wood cabinets. Tenants can enjoy cooking with easy clean up. All four bathrooms have modern vanities, ceramic tile tub surrounds, and ceramic tile floors. Utility Breakdown: A Weil-McLain, gas-fired hot water radiator system provides heat to both apartments. Apartment 2 can use window air conditioning units for comfort. Each unit is separately metered for gas cooking fuel, gas water heating and electric. A savvy investor would put in place a ratio utility billing system (RUBS) and bill back tenants for gas heat and city-provided water and sewer. A shared washer and dryer is in the finished basement for added convenience. All observable interior water supply lines have been upgraded to copper with a 3″ copper main water supply. Observable drain lines are PVC. A new TPO roof will serve the building and owner well for many years to come. What’s Great About Bolton Hill: 1208 Bolton is within easy cycling or walking distance to Penn Station, providing occupants quick access to Washington DC or New York City. MICA attracts student renters year after year. Investors are pleased to know that Bolton Hill is a preferred neighborhood, renowned for its cleanliness, safety, and meticulous upkeep. This sought-after location consistently attracts exceptional tenants who are willing to pay high market rents, ensuring a lucrative return on investment.

1208 Bolton St, Baltimore

Listing courtesy of Ben Frederick Realty, Inc.. Contact: 410-752-6400

$500,000
Introducing Mazika Hookah Lounge, a well-established business that is now available for sale. This remarkable opportunity includes the business itself, along with a range of equipment such as 8 speakers, 3 floor subwoofers, comfortable sofas, chairs, elegant granite tables, and a collection of over 120 hookahs valued at a total of $65,000. Additionally, there is a food trailer also up for sale at $150,000. The hookah business and food trailer can be purchased together for a combined price of $600,000. This thriving business venture offers numerous advantages to potential buyers. With a level entry, it provides easy access for customers, including two bathrooms, one of which is designed for handicap accessibility. The premises also feature a parking lot with designated handicap parking spaces, as well as additional parking at the rear of the building, catering to the needs of all customers. Situated in a bustling shopping center alongside other well-established businesses, this location ensures a consistent flow of foot traffic. The corner unit layout of the lounge allows for maximum visibility and accessibility, with front, side, and rear entry points. Its strategic placement just off of 695 grants high street visibility, attracting passing customers. The business is currently subject to an existing lease agreement with monthly payments of $3500, plus cam charges - $4000 total. This is a remarkable chance to become the proud owner of a thriving hookah lounge. With its prime location, comprehensive inventory of equipment, and the added option to venture into the food trailer industry, this opportunity presents immense potential for growth and profitability. Don't hesitate to seize this opportunity and secure your future in the booming hookah and food service industry. Contact us now to make your mark in this exciting and lucrative market.

1844 E Joppa Rd, Parkville

Listing courtesy of Allfirst Realty, Inc.. Contact: 410-963-3191

$395,000
NO SHOWINGS SUNDAYS BEFORE 1PM; Located directly across from Starland Roller Skating Rink, Presently used as a church, excellent condition with lots of parking, 12 nice rooms and (4) half-baths that could easily have showers/tubs installed to make full baths, there are plenty of ample sized rooms to add a closet to qualify as a bedroom if using as a single family residence or to make into a duplex or quad, probably 30 parking spaces and has a side yard with a shed. This is zoned RMOD which allows various residential uses and possibly other non-residential uses. If making a quad out of the building you probably can get (4) 2br units or (2) 2br and (2) 3 BR units with each rental approximating 1000-1100 SF, the buyer to verify with the city as to the number of units that they will permit as it may require applying for an exception to the zoning. The metal roof was installed around two years ago along with two new heat pumps. Everything in the pictures convey including two pianos, fully equipped kitchen, chairs, tables, etc, etc, the buiding would make an excellent daycare facility with the city's blessing, Non-conforming uses are to be verified with the city of Hagerstown The building originally was used as a doctor's office and had/has a waiting room on the upper level.. There is an outside elevator on the upper level down to the first floor and an electric chair lift from the first to second floor. Bedrooms are listed but to be appraised as such would require a closet or free standing closet

750 Park Rd, Hagerstown

Listing courtesy of Coldwell Banker Innovations. Contact:

$125,000
List price to be opening bid. Bidding Begins Saturday May 27th, and ends on Thursday, June 1, 2023 at 11:30am. An opportunity to purchase a side-by-side duplex in Hagerstown. One of the units is tenant occupied, and the other is vacant. Per the seller both units are similar with 3 1\2 levels. Each has 2 bedrooms on the upper level & 1 full bath; a bonus room in the attic that could possibly be a 3rd bedroom; living room, dining room & kitchen on the main level; and a partially finished basement with an open room and the mechanical systems for the house. Each has an electric hot water heater and forced hot air heat. Both have an upper level covered porch which is accessible from the bathroom and the backyard is fenced-in. Per the seller: 113 E Lee St. will be sold vacant. This would make it an ideal opportunity for a home owner to purchase the duplex and live in one unit and rent the other; or an investor can rent both units. In 2018-2019 the properties had some updates including new kitchen cabinets, appliances and granite tops; some new windows and new hot water heaters. 111 E Lee St. is currently tenant occupied. Current Monthly Rent of $1,100. Annual Gross Income of $13,200. 113 E Lee St. is currently vacant. Potential Monthly Rent of $1,100 Potential Annual Gross Income of $13,200. 111 E & 113 E Lee St. Potential Monthly Rent of $2,200. Potential Annual Gross Income of $26,400. Location: The property has a convenient location near dining, shopping, schools, recreational facilities, and access to transportation routes. The interior pictures were taken on May 9, 2023 for 113 E Lee St.

111 E Lee St, Hagerstown

Listing courtesy of Alex Cooper Auctioneers, Inc.. Contact:

$324,000
Great Investment Opportunity in Prime Location! Multi-Family Rowhome with 3 Units and Potential for 4th Unit! Welcome to this exceptional multi-family row home. This property presents a fantastic investment opportunity with its 3 well-maintained units, (2) currently tenant-occupied, and the potential to add a 4th unit. With a prime location and attractive exterior features, this property offers both immediate rental income and the potential for future equity growth. Property Highlights: Three Units: This property boasts two units featuring 2 bedrooms and 1 full bath each, while the third unit offers 1 bedroom and 1 full bath. Two units are currently tenant-occupied, providing instant rental income. Potential Office or 4th Unit: The basement floor, with its high ceilings, presents an excellent opportunity to convert it into a small office space or even a 4th unit, maximizing the property's income potential. Exterior Features: Well-Maintained Lot: The property sits on a meticulously cared-for lot, showcasing pride of ownership. Outdoor Spaces: Enjoy the convenience of decks, exterior lighting, a patio, and a fenced rear yard. These features provide residents with inviting spaces to relax and enjoy the outdoors. City Views: Take in captivating city views from the property, adding to its charm and desirability. Highly Desirable Location: Renovated Neighboring Properties: Surrounding this property are recently renovated homes, indicating a vibrant neighborhood with ongoing revitalization. The well-maintained neighboring properties contribute to the appeal and potential of this investment opportunity. Proximity to Bon Secours Hospital: Located within walking distance of Bon Secours Hospital, this property offers convenient access to healthcare services, making it attractive to potential tenants. Seller Financing Available: As an added benefit As-Is Sale: Please note that the property is being sold "As-Is," allowing buyers the opportunity to tailor renovations and improvements to their preferences and budget. Excellent Potential for Future Equity: The neighboring appraised for well over $325,000, reflecting the potential for future equity growth in the area. Investing in this property not only allows you to build equity but also provides an opportunity to benefit from the ongoing development and value appreciation in the neighborhood. Don't miss out on this outstanding investment opportunity! Take advantage of the seller financing option and secure your future with this multi-family rowhome. Viewings will occur weekly during scheduled open houses unless a formal offer with pre-approval or proof of fund included which will be scheduled at the request of the submitter; we invite all to come and explore the possibilities that await you. *Note: All information provided is deemed reliable but not guaranteed. Prospective buyers are advised to perform their due diligence and inspections prior to making an offer. ed benefit, the seller is offering financing options, making this property even more appealing for interested buyers.

1903 W Baltimore St, Baltimore

Listing courtesy of Realty One Group Performance, LLC. Contact: (240) 583-1183

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