15 days on rocket

443 Lake Ave, Manchester, NH, 03103

$1,100,000

0.11 Acres
$193/SqFt
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
Year Built1897
HeatingBaseboard, Electric, Floor Furnace
CoolingNone
BasementYes
MLS #4996145
Lot Size0.11 Acres
StatusActive

About 443 Lake Ave

***Exceptional Mixed-Use Investment Opportunity - 8 Units in the Heart of Manchester** Welcome to 443 Lake Avenue & 26-30 Massabesic Street. Situated on the corner of Lake Avenue, Hall Street, and Massabesic Street, these 4 unit properties would make an excellent addition to any portfolio. 443 Lake Avenue is comprised of three apartments (two 2BD/1BA, one 1BD/1BA) and one restaurant. The restaurant is currently leased to Bangkok Kitchen, a thriving Thai Food Restaurant (a local favorite!), with a lease in place until December 2029. 26-30 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. One retail unit is currently leased to Davina Beauty Spa, the other is rented to Bangkok Kitchen for storage. The properties are ideally situated in a location that ensures both tenant satisfaction and business success. Located across the street from Harriman Park and Lake Ave Foodmart, just 1 mile from Elliot Hospital, and a 5 min drive to all amenities Downtown Manchester has to offer. Utilities are separated for every unit across both buildings. Heat and hot water includes a variety of systems with electricity, gas, or oil as the heat source. Don't miss the opportunity to invest in this standout property where residential stability meets commercial vitality- schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1897
  • Living Area: 5,690 SqFt

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (603) 554-2309
  • Listing Agent: Matthew Lefebvre

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Floor Furnace
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $6,153
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Manchester, NH.

Med. List Price

$399.9K

Med. Price/SqFt

$258

Avg. Days On Market

22

# of Sold Homes

26

443 Lake Ave vs Manchester

15 DAYS ON ROCKET

-7 Days

$1,100,000

+$700.1K More

$193/SqFt

-$66 Less

KEY TAKEAWAY

This property is $700.1K more than the Median List Price and $66/SqFt less than other homes in Manchester, NH.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #4996145

Listing Office:

  • Office Name: Downtown Realty
  • Office Phone: (603) 554-2309
  • Listing Agent: Matthew Lefebvre

IDX© Copyright 2024 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 8:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 26, 2021Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,153$249,500
2019$6,065$249,400
2018$5,906$249,400
2017$5,816$249,400

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6224027
1
/10
  • Wilson School

  • 401 Wilson St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-6224028
1
/10
  • Beech Street School

  • 333 Beech St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-6224029
4
/10
  • McDonough School

  • 550 Lowell St

  • 0.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,545. Typical income of Manchester, NH residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 443 Lake Ave

What is the listing price of this property?

The listing price of 443 Lake Ave property is $1,100,000.

What type of property is this?

The property 443 Lake Ave is land located in Manchester, New Hampshire, 03103.

Is this property for sale now?

Active Listing: 443 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,153 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 26, 2021 for $350,000. (source: MLS/tax record).

How much acreage is this property?

The property 443 Lake Ave is 0.11 acres.
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Rocket Homes›New Hampshire›Hillsborough County›Manchester›03103›443 Lake Ave

This home is located at 443 Lake Ave in Manchester, NH and zip code 03103. This 5,690 square foot home, which was built in 1897, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,100,000.

Between March 2024 and April 2024, Manchester, NH real estate market has seen increase in the number of listings by 159.4%. Listings spent 22 days on the market in April 2024, and had a median list price of $399,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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