***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.
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: 6/3/2024, 8:20:36 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
DATE
EVENT
PRICE
May 26, 2021
May 26, 2021Home Sold
$350,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Wilson School
401 Wilson St
Distance between this listing and this school0.16 miles
Public District Grades KG-5
1
/10
Beech Street School
333 Beech St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
4
/10
McDonough School
550 Lowell St
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
2
/10
Hillside Middle School
112 Reservoir Ave
Distance between this listing and this school0.78 miles
Public District Grades 6-8
1
/10
Southside Middle School
140 S Jewett St
Distance between this listing and this school1.37 miles
Public District Grades 6-8
2
/10
Middle School At Parkside
75 Parkside Ave
Distance between this listing and this school1.69 miles
Public District Grades 6-8
Nearby Schools
3
/10
Manchester Central High School
207 Lowell St
Distance between this listing and this school0.60 miles
Public District Grades 9-12
1
/10
Manchester West High School
9 Notre Dame Ave
Distance between this listing and this school1.48 miles
Public District Grades 9-12
2
/10
Manchester Memorial High School
1 Crusader Way
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $27,545. The majority of Manchester, NH residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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).
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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.
In May 2024 more than 66 listings in Manchester, NH were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 5 were sold below. The number of listings in Manchester, NH increased by 39.1% between April 2024 and May 2024. Listings spent 6 days on the market in May 2024, and had a median list price of $424,250 during the same period.
From Rocket Homes Real Estate and based on county public records data.