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$760,000
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Property Description
A great investment! This 4-unit property sits on a "larger than most" corner lot with off-street parking as well as ample on-street parking. This unique property features a fenced-in backyard and four 2+BR units with long-term tenants. Each unit includes bonus space/flex rooms as well as brand new porches/balconies. The main building offers 3 spacious apartments (1,500 sq ft each) while the attached two-story cottage features 1.5BA, private entrances and separate off-street parking. All units have washer/dryer hookups and separate utilities, paid by tenants (aside from 1). CoC just issued and roof was replaced last month. Current rental income is over $70K/year with room for increases. Please drive by, do not disturb tenants. Showings can be scheduled for serious buyers with proof of funds/preapproval.
Full Property Details
Full Property Details for 346 Lake Ave
General
- Sold For: $760,000
- Taxes: $10,545 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5043663
- Added to Site: 233 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit2=Month to Month, Unit3=Month to Month, Unit4=Annual,
Interior
- Flooring: Carpet, Hardwood, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- 3/4 Bathrooms: 6
Exterior
- Exterior Features: Balcony, Fence - Full, Garden Space, Porch - Covered
- Color: white
Parking
- Parking: Off Street, On Street, Parking Spaces 3 - 5, Parking Spaces 5 - 10, Unassigned
Location
- County: Hillsborough
School Information
- School District: Manchester Sch Dst SAU #37
- Elementary School: Henry Wilson School
- Middle School: McLaughlin Middle School
- High School: Manchester Central High Sch
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Oil, Alternative Heat Stove, Baseboard, Gas Heater, Hot Water, Individual, Stove - 2, Stove - Gas
- Furnaces: 4
- Water Heaters: 4
Utilities
- Sewer: Public
- Trash: Cans, Curbside, Municipal
- Separate Meters: Yes
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete Floor, Daylight, Unfinished, Stairs - Basement
- Roof: Shingle
- Stories/Levels: 3
- Finished Total: 5,352 Sq. Ft.
- Finished Above Grnd: 5,352 Sq. Ft.
- Year Built: 1910
Unit Information
- 2 Bedroom Units: 2
- 3 Bedroom Units: 4
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Unit Description: 1st Floor
- Square Feet: 1500
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: 2nd Floor
- Square Feet: 1500
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: 3rd Floor
- Square Feet: 1500
- Level: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 1200
- Level: 1 and 2
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Frontage: TBD
- Driveway/Sidewalk: Other
- Zoning: Res-M
Financial Considerations
- Price Per Sq. Ft.: $149.46
- Assessment Amount: $559,100
- Tax Amount: $10,545
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure
- Lot Number: 23
Listed by Keller Williams Realty Metro-Londonderry, Sara Isabelle
Sold by EXP Realty, Alton. Phouvong
Get Pre-Approved Today
Schools
Schools serving 346 Lake Ave
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Henry Wilson Elementary School 555 Cedar Street, Manchester, NH 03103 | K-5 | 0.2 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 0.8 mi |
Manchester Central High School 535 Beech Street, Manchester, NH 03104 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 346 Lake Ave
Date
Details
Price
Change
Source
7/21/2025
Sold
$760,000
-4.99%
MLS
5/29/2025
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
346 Lake Avenue, Manchester, NH 03103 (MLS# 5043663) is a Multi-Family property that was sold at $760,000 on July 21, 2025. Want to learn more about 346 Lake Avenue? Do you have questions about finding other Multi-Family real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

