Saturday 15th Open House ONLY. Welcome to 221 Lake Ave, a beautifully renovated 3-unit multifamily property in the heart of Manchester, NH. This well-maintained building offers three spacious 3-bedroom, 1-bath units, making it an ideal investment opportunity or a perfect home for an owner-occupant.Unit 1 – Owner Occupant Opportunity: The first-floor unit is vacant and completely renovated, offering a modern living space with fresh finishes throughout. Featuring new flooring, updated kitchen and bathroom, and ample natural light, this unit is ready for you to move in and make it your own. With three generously-sized bedrooms and a full bath, it’s the perfect place to call home while enjoying rental income from the other units. Units 2 & 3 – Investment Potential:Both the second and third-floor units are currently rented, providing an excellent opportunity for steady cash flow. These units also offer three bedrooms and one bathroom, with plenty of space for tenants to enjoy. Off Street parking for 6 cars. Showings to start at open house on 2/15 from 1pm-3pm No other showings outside of those times. Agent Interest
Lot & Building Features
UtilitiesCable
ConstructionWood Frame
CoolingNone
HeatingNatural Gas
SewerPublic
Tax Year2023
Taxes Paid$6,695
WaterPublic
Basement DescriptionUnfinished
FoundationStone
Lot DescriptionCity Lot
RoofRolled
GarageNo
Community and Schools
Elementary SchoolBeech Street School
Junior High SchoolMc Laughlin Middle School
Senior High SchoolManchester Central High Sch
Unit Features
Unit 1 Baths1
Unit 1 Bedrooms3
Unit 1 Level Number1
Unit 1 Rental AgreementNo
Unit 1 StatusVacant
Unit 1 Tenant PaysElectric, Hot Water, Heat
Unit 2 Baths1
Unit 2 Bedrooms3
Unit 2 Lease TermAnnual
Unit 2 Level Number2
Unit 2 Rental AgreementYes
Unit 2 Rental Amount2000.00
Unit 2 Rental Amt FreqMonthly
Unit 2 StatusLeased
Unit 2 Tenant PaysElectric, Hot Water, Heat
Unit 3 Baths1
Unit 3 Bedrooms3
Unit 3 Lease TermAnnual
Unit 3 Level Number3
Unit 3 Rental AgreementYes
Unit 3 Rental Amount2347.00
Unit 3 Rental Amt FreqMonthly
Unit 3 StatusLeased
Unit 3 Tenant PaysElectric, Hot Water, Heat
Price History of 221 Lake Avenue, Manchester, NH
Date
Name
Price
Difference
02/12/2025
Listing Price
$600,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
221 Lake Avenue (MLS #5029206) is a multi-family listing located in Manchester, NH.
This multi-family listing is 3,428 sqft and on a lot of 5,227 sqft (or 0.12 acres) and is 105 years old. This property was listed on 02/12/2025 and has been priced for sale at $600,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: RE/MAX Innovative Properties
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 02/19/2025
