Open House:
Saturday, 11/9 10:00-12:00PM
This property offers an outstanding opportunity for investors and owner-occupants alike, delivering great income potential. Each unit has been freshly painted. The first-floor unit stands out with its generous layout, featuring 4 bedrooms that provides ample space. The second and third units are thoughtfully designed, each with 3 bedrooms and a versatile bonus room, perfect for use as a home office, playroom, or guest space. Every unit also has dedicated storage, helping keep living areas organized.The property includes an unfinished walk-up attic, which offers expansion potential. This space could be transformed into a fourth unit, significantly enhancing the propertyâ??s value and rental income possibilities. Please confirm with City of Manchester. 3 car garage available for off street parking. Washer/dryer hookups in each unit. Easy highway access, close to shopping, schools, all area amenities. Current Certificate of Compliance. Open House. Sat Nov 9th & Sun Nov 10th 10AM-12PM.
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!
First time ever on the market! Meticulously maintained, PRISTINE 6 unit building with detached garages/carports for every unit as well as covered porches, large storage units, W/D hook ups, updated kitchens , hardwood floors , replacement windows, updated electrical, seperate utliities the list goes on and on. Ideal for an owner occupied ! Limited showings, AGENTS see internal remarks for details.
Great investment opportunity with these 2 spacious 6 unit buildings. 12 units total offering a nice mix of 2 and 3 bedroom apartments. Plenty of off street parking. Please see attachments for all financial information. No seller financing.
Excellent for Investors, Business Owners, and Owner-Occupied. 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. Buyer must apply for Certificate of Compliance. 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.
Massive, fully-occupied 5-unit multifamily property on Manchesterâ??s East Side consisting of one 4-bedroom unit, three 3-bedroom units, and one 1-bedroom unit. This property has been significantly improved by the current owner and features new vinyl plank flooring, wooden cabinets, fresh paint throughout, and new bathroom vanities with fixtures. Rents are terrific at $10,330/month or ~$123K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. The propertyâ??s ~$86K/year in NOI makes this listing a 9.0% cap. There is ample street parking available in the immediate vicinity. Washer/dryer hookups are in each unit. The propertyâ??s certificate of compliance (COC) is pending renewal. Owner is a real estate licensee. Delayed Showings will take place on Friday, September 20th and Saturday, September 21st.
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.
Welcome to 400 Wilson Street! Come see this charming & well maintained victorian styled 2 family home. A great opportunity to add a strong asset to your rental portfolio or to owner occupy while making income from the other side. This property offers a huge back yard space, which has been divided for each units privacy / comfort, a 2 car garage with storage above (could be rented separately for additional income), as well as a huge unfinished attic space (potential for an addition) and partially finished basement. Both units offer a convenient layouts and over 1300+ square, providing a spacious and comfortable living space for all. The second floor has been updated with fresh paint, new backsplash, new light fixtures and added plumbing for laundry hook ups. Each unit also offers its own private balcony and deck area. There is a multitude of ways to acquire income on this property from renting garage space and storage spaces. The location is convenient for all commuters! Highway access is within 10 mins away, 2 minute walk to elementary school, also a short drive to downtown Manchester for amazing restaurants and entertainment! Schedule your tour today!
Opportunity to convert 87 S. Willow Street from office building to a multi -family property. Property was converted from residential to office building by previous owner. Current Use with the city is Commerical Use. Property layout is conducive for a 2-family property. Central A/C, updated roof, ample parking. Buyer is responsible for due diligence on the necessary steps with city to convert property back to residential.
OPPORTUNITY KNOCKS !! OWNER OCCUPY and live INEXPENSIVELY - or invest and build your portfolio in a city with -1% VACANCY RATE !! Super spacious units with natural woodwork and NEWLY REFINISHED hardwood floors. Recent improvements include a newer roof, newer replacement windows. Current owner in 2021 totally NEW Kitchens, totally NEW Bathrooms, ALL NEW APPLIANCES - laundry facilities on each level. NEW wiring and updated circuit breakers with Landlord Meter, added attic insulation - basement w spray foam insulation on walls - NEW BOILER & OIL TANK. Detached garage and back alley access. Outstanding location near Elliot Hospital and minutes to Golf, shopping & the highway for commuters. LIVE HERE FOR LESS with a tenant to pay much of the housing expense for owner occupant. Please review the disclosures for all the amazing details about this property.
Welcome to 470 Spruce Street, a beautifully maintained 3-family home that represents a sound investment opportunity for those seeking a property that is already income-producing. This exceptional property features three spacious three-bedroom units, currently grossing a monthly income of $6,280, while the first floor unit is rented under value. Each unit is designed for comfort and practicality, making it highly attractive to tenants and ensuring consistent rental income. A standout feature of this property is the three-stall garage and additional parking, a rare and valuable amenity in the city that enhances its rental appeal. While the owner covers gas expenses, the overall property expenses are kept impressively low, maximizing net income and ensuring a strong return on investment. The well-maintained interiors and modern upgrades, including contemporary appliances and fresh paint, contribute to the property's desirability and tenant retention. Centrally located, 470 Spruce Street is conveniently close to schools, parks, shopping, dining, and major highways, offering easy access to all that Manchester has to offer. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a reliable income-generating property, this home offers both immediate returns and long-term growth potential. Don't miss out on this prime investment opportunity. Showings begin on Saturday, June 8th. 24 Hour notice required. OFFER DEADLINE 8PM 6/10. Thank you.
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.