430 Lake Ave, Manchester, NH 03103

Commercial property for lease

• Description
• Near 5 corners on Lake & Hall Sts. Nifty & compact: 4 Unit w/ Barber Shop, there 4 years, and 3 apts. 2-car garage(tandem garage but w/doors on both ends); paved parking for 6-8 cars. Tenants pay heat (2 gas,2 electric), and utilities. Rents: 1000, $900, $800, $700.=$40,800 yearly Expenses: w/s $2000; Insur $1800.; Electric $600; Plowing $800;Tax $5,836.=$11,036 NOI: $29,764. $9524. net cash projected yearly:12% cash return on Down payment after Prin & Int. Seller is a licensed NH Real Estate Broker. Building price details: $389,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	8
  Parking Type:	Surface

• Contact info
• Joan Blais

  Berkshire Hathaway Verani Realty - Commercial Division
• Note

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