289-299 Spruce Street is amulti-family property for lease in Manchester, NH.
Turnkey! 14% Cap Rate. Good Eastside location, selling under assessment value. Income $114,600.- Expenses $25,600=$89,000.NOI or 14% Cap rate NOW! Income could easily be $137,400. w/ market rents of $1200./mo min., & 3 garages leased @ $50/mo.@. (Con'd:Apt #9:$800) (8) HUGE 4-bdrm apts and corner store(Mr.Market)leased w/pre-set increases, plus 3 garages.3 buildings on one lot. Don't miss it! EZ2C. Going,going....
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- Chris Norwood, agent and Rofo Pro