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$1,290,000
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Property Description
Incredible investment opportunity: 7,108± SF multifamily building available for sale in the heart of Manchester, NH. Eight total units, all featuring two bedrooms, with the added benefit of coin-operated laundry providing an immediate income stream. Presented to the market for the first time after generations of family ownership. Situated on the corner of Lake Avenue and Wilson Street, this building is conveniently located just a 6-minute drive from both I-293 and I-93. No seller financing offered; financials available upon request.
Full Property Details
Full Property Details for 395 Lake Ave
General
- Sold For: $1,290,000
- Taxes: $16,059 (2024)
- Status: Closed
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5071495
- Added to Site: 121 day(s) ago
Location
- County: Hillsborough
Utilities
- Sewer: On-Site Septic Exists
Structural Information
- Basement Entrance: Walkout
- Basement Desc.: Concrete Floor
- Square Feet: 7,108
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Frontage: Yes Road Frontage
- Frontage Feet: 60
- Zoning: Residential
Financial Considerations
- Price Per Sq. Ft.: $181.49
- Tax Amount: $16,059
- Tax Year: 2024
Listed by Colliers International, Cassie C Farley
Sold by BHHS Verani Londonderry, Brian Daniels
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Schools
Schools serving 395 Lake Ave
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Henry Wilson Elementary School 555 Cedar Street, Manchester, NH 03103 | K-5 | 0.1 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 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 395 Lake Ave
Date
Details
Price
Change
Source
4/06/2026
Sold
$1,290,000
-0.77%
MLS
12/08/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
395 Lake Avenue, Manchester, NH 03103 (MLS# 5071495) is a Commercial Investment property that was sold at $1,290,000 on April 06, 2026. Want to learn more about 395 Lake Avenue? Do you have questions about finding other Commercial Investment real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

