This unique property features a single-family home, a townhouse, and a garden-style unit, making it a standout investment opportunity. This newly renovated 3-unit multifamily home is ready for its next owner! With updates throughoutâ??including a new roof, siding, windows, heating systems, electrical, plumbing, and brand-new kitchens, flooring, paint, and fixturesâ??this property is in excellent condition. Each unit boasts a generous number of bedrooms, ideal for large families or maximizing rental income. Whether you're an investor seeking a turnkey property or a buyer with rental potential in mind, this property offers great flexibility. Located in a prime Manchester neighborhood, close to shopping, dining, and major routes, it's move-in ready and waiting for you. Donâ??t miss outâ??schedule your showing today!
Discover the perfect investment opportunity with this well-maintained side-by-side duplex, tucked away on a quiet cul-de-sac in Manchester for minimal traffic and added privacy. Whether you're an investor seeking to expand your portfolio or a buyer looking to generate passive income, this property offers an excellent chance to live in one unit while renting out the other.Each unit features a thoughtful layout with two bedrooms, two and a half baths, and its own private deckâ??perfect for relaxation or entertaining. The finished basement in both units provides valuable additional living space with extra rooms, ideal for a variety of uses. Separate utility systems and private parking spaces for each unit ensure convenience and privacy for tenants or owner-occupants.Conveniently located near major highways and local amenities, this property is not only a great home but also a smart investment with the potential for a steady income stream. Donâ??t miss out on this fantastic opportunity! Schedule your showing today or attend the Open House this Saturday or Sunday, Dec. 7 and 8, from 11 a.m. to 1 p.m.
Large flat roof multi-family with 3 large 1618SF units. Each has 6 rooms and 3 or 4 bedrooms. All large rooms including a large Eat-in kitchen. two Porches for each apartment. Each unit has a storage shed room, full bath and a half and a laundry room. All on a corner lot with Off-street parking for 6 cars. Convenient location.
MANCHESTER 2 Unit, Oversized Corner Lot, Newer Roof, Newer Heating System, Completely Renovated 2nd Floor And A Fenced In Yard! Unit 1 Features 2 Bedrooms, Living Room Dining Room Combo With Bamboo Flooring. Upstairs In Unit 2 You Will Find A Complete Remodel With LVP Flooring, Brand New Cabinets And Appliances, A New Bathroom, And Solid Pine Doors Throughout. Separate Utilities, Along With A Desirable Area Will Sure To Make This Property Easy To Rent. Property Is Currently Owner Occupied With The Upstairs Unit Vacant And Ready To Go! Showings Are Delayed Till the Open House Thursday 11-21 From 4-6pm And Then Again On Saturday The 23rd From 12-2pm!
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 355 - 357 Merrimack Street, Manchester, NH is a 5-unit multi-family property. This property features two structures; The first structure is 355 Merrimack Street, a single-family home with 3 bedrooms, 1 bathroom, and 1,220 square feet of living space. Great value-add potential. The second structure is 357 Merrimack Street which is a four-unit building that includes three (3) spacious two-bedroom, one-bathroom apartments ranging from 800 to 900 square feet, and one (1) - one bedroom, one bathroom, 600 square feet unit. Some units are renovated and move-in ready in the four-unit building. This property generates approximately $7600 in monthly gross rental income. This property must be sold as a part of the 19-unit portfolio; 187 Merrimack Street, MLS#5022061, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Donâ??t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. Part value add, this multi-family property was constructed in 1910, stands 2.75 stories tall, and boasts a total of 10 bedrooms, 6 bathrooms, and 6 kitchens spread across 4,410 finished square feet. The property includes six (6)-units, four (4)-units with 2 bedrooms and 1 bathroom each, and two (2) units with 1 bedroom and 1 bathroom each, generating a monthly gross income of $9,800. Nestled in the Kalivas Union neighborhood, enjoy proximity to parks, shops, and entertainment. Conveniently located less than a mile from exit 5 Along Rt 293, it offers easy access to various amenities, making it ideal for daily activities and commuting. This property must be sold as part of the entire 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Donâ??t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
An outstanding opportunity to invest in 3 multifamily properties in Manchester, NH. This portfolio includes 19 units with a 7%+ CAP return, located at 489 Pine Street, 187 Merrimack St, and 355-357 Merrimack St, Total portfolio gross monthly rents are $25,860, totaling a gross annual income of $311,520. Unit mix = (1) three-bedroom unit, eight (8) two-bedroom units, three (3) one-bedroom units, and seven (7) studio-style units. 489 Pine Street has 8 units, one (1) unit with 2 bedrooms & 1 bathroom, and seven (7) studio units with 1 bathroom each. Monthly gross returns total $10,210. 187 Merrimack St has six (6) units, two (2) - 1 bedroom and 1 bathroom units, and four (4) - 2 bedrooms, 1 bathroom units ranging between 500-1175 Sq ft. Monthly gross returns total $9800. 355-357 Merrimack St has five (5) total units across two (2) buildings/structures on one parcel. 355 is a single-family home detached that offers 3 bedrooms, and 1 bath across 1220 Sq Ft. Monthly gross returns total $7600. 357 Merrimack St, is a four (4) unit structure that has three (3)- 2 bedroom, 1 bath units, and one (1)- one bedroom, one bathroom unit. Take advantage of this opportunity to acquire a substantial multifamily portfolio in Manchester, NH all within 0.5 miles of each other including a unique unit mix. its individual property listing at 489 Pine St MLS#5022062, 187 Merrimack St MLS#5022061, 355-357 Merrimack St MLS#5022063. This property must be sold as a 19-unit portfolio.
Large 4 and 3 bedroom units in this clean and improved flat top 3 unit building with ample parking. Newer windows, membrane roofing, gas heatingand siding. Inside it's improved with sheet rock, newer trim and doors, tile flooring throughout. It's a big building with big apartments easy to rent. Each apartmentincludes kitchen appliances, washer and dryer. This building has been conscientiously upgraded and maintained by the same owner occupants for 20 years.
Welcome to 549-551 Somerville Street in Manchester, NH 03103â??a well-maintained 6-unit multifamily property offering a fantastic investment opportunity! Each unit features large 3 bedroom spacious layouts ideal for modern living with full bath and washer/dryer hookups. Ample parking with 8-10 spots for off street parking. Located just minutes from Manchesterâ??s vibrant downtown, residents have easy access to major highways, restaurants, retail shops, entertainment, and essential services. The building has been expertly maintained and includes on-site parking, secure entry, and updated systems to ensure peace of mind for both owner and tenants. With close proximity to major highways like I-293, this property is not only a convenient living option but also an excellent addition to any real estate portfolio. Donâ??t miss this chance to invest in a prime Manchester location with a history of strong rental demand.
***Exceptional Mixed-Use Investment Opportunity - 4 Units in the Heart of Manchester** 26 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. 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. 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!
Excellent for Investors, Business Owners, and Owner-Occupied. Renovation required. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. New Certificate of Compliance issued December 2024. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Streetâ??both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.
Huge two family building with very good bones and ready for owner to occupy and or chose your own tenants. Just RENOVATED interior from top to bottom, with new kitchens, baths, paint and flooring. First floor two bedroom has refinished hardwood floors. Second floor is a two level townhouse unit with four bedrooms and new plank flooring. Eat in kitchens plus dining rooms in both apartments as well as washer dryer hook ups. Side porch, fenced yard, and two car garage off the back with second floor storage space and additional four car parking front and back. All utilities are separate. New roof installed 2024. Estimated rents are $1950 for the first floor and $2550 for the second floor townhouse unit. Potential income $54,000, expenses $9786. C.O.C. good until12/2026. Buyer's feet got chilled....BOM.
The median home value in Manchester, NH is $348,500. This is lower than the county median home value of $427,300. The national median home value is $338,100. The average price of homes sold in Manchester, NH is $348,500. Approximately 44.12% of Manchester homes are owned, compared to 50.59% rented, while 5.3% are vacant. Manchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Manchester real estate agent to arrange a tour today!
Manchester, New Hampshire 03103 has a population of 114,730. Manchester 03103 is less family-centric than the surrounding county with 23.26% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Manchester, New Hampshire 03103 is $66,929. The median household income for the surrounding county is $86,930 compared to the national median of $69,021. The median age of people living in Manchester 03103 is 36.9 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 44 inches per year, with 58.1 inches of snow per year.