Manchester NH Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Lot size:
0.1 Acres
Year built:
1900
Baths:
5.00
MLS#:
73320693

ADDITIONAL INFORMATION

**A Rare Investment Opportunity in the Heart of Manchester!** This well-maintained, 5-unit multifamily building offers a unique combination of residential and commercial income potential, making it a truly versatile investment. Situated in the heart of Manchester, this property has been a consistent income producer for many years and boasts a steady occupancy rate. All tenants pay their own utilities.Unit Breakdown:(2) One-bedroom units(1) Three-bedroom unit(1) Four-bedroom unit(1) Five-room office spaceThe mix of residential and commercial spaces provides flexibility for a variety of uses, including potential owner-occupancy, small business operations, or expansion of office services. Includes 5 off street parking spots for tenants and 4 on-street parking spots.This is an exceptional opportunity for investors looking to expand their portfolio or for a hands-on owner-operator seeking a property with built-in income and future growth potential.Don't miss out!

Type:
Multi-Family
Sq.Ft.:
4,095
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1920
Baths:
8.00
MLS#:
5022062

ADDITIONAL INFORMATION

Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 489 Pine Street, Manchester, NH is an 8-unit multifamily property that includes 4,095 square feet of finished living space. Built-in 1920, this property offers versatility and options for the next owner. Consisting of eight (8) units, one (1)-2 bedroom, 1 bathroom unit, and 7 studio-style units with 1 bathroom each ranging between 250 - 350 sf. Monthly gross rents total $10,210 This property must be sold as a 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 187 Merrimack Street, MLS#5022061. 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!

Type:
Multi-Family
Sq.Ft.:
4,244
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1880
Baths:
4.00
MLS#:
5021471

ADDITIONAL INFORMATION

2 Bedroom, 1 Bath unit available for owner occupancy! Let your investment buy you your own home, walking distance to downtown and its amenities! Beautifully remodeled with quartz countertops, including a 3B, 1.5 BA Luxurious "Owner's unit" on first floor. Great downtown location, in the C-1 zone, rare parking ratio in this zone, with 5 offstreet paved spaces. Property can be delivered with one unit vacant for owner occupancy - 2 bed, 1 bath oversized unit. Features: High-end finishes, including LVP flooring, custom stone countertops, and stainless steel appliances, and keyless entry to common hallway and each unit. 5 off-street parking spaces, full remodel on 3 units and common hallways, and a heavily upgraded 3 bed 2 bath "owner's" unit with laundry in unit. Value add options: Coin-Op (hookups in place). Renovate 4th unit. Enclosed storage. One unit priced substantially under market. Add common hallway storage area. Can be purchased separately or in conjunction with 513-517 Chestnut St, 159 Auburn St, and/or 57-59 Laurel St. Agent interest.

Type:
Multi-Family
Sq.Ft.:
1,356
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1890
Baths:
2.00
MLS#:
5020954

ADDITIONAL INFORMATION

Renovated two family could be owner occupied or would make nice investment property. This property is conveniently located within walking distance of downtown and has lots to offer. Both units are in move in condition and have seen many updates within the last ten years. Each unit has a renovated kitchen with granite countertops and renovated full baths. The hardwood floors have been refinished and the floors in the other areas are tile and new laminate. Steam heating system is newer as is the hot water heater for the 2nd floor unit. Winter is coming but don't fret...there is a two car garage with walk up storage above as well as 3 additional off street parking spaces. The fenced in yard has plenty of room for the children, a garden or for the summer cookout. Property is occupied so we are requesting a 48 hr notice to show. Listing agent is related to seller.

Type:
Multi-Family
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1900
Baths:
2.00
MLS#:
5014574

ADDITIONAL INFORMATION

Recently rehabbed pristine 2 family. Off street parking and separate utilities. Nothing left to do but move in! Driveway can be entered from Maple St or the rear alley. Walk out basement. 2 screened in enclosed porches on the first floor. Newer windows, bamboo on the first floor, new carpet on the second floor. Walk up attic begging to finished into more living space. Both kitchens feature new cabinets, appliances, and granite counters. Don't miss out book your showing today. Vacant and ready for an owner occupant. VA and FHA welcome!

Type:
Multi-Family
Sq.Ft.:
5,114
Status:
Active
Beds:
n/a
Lot size:
0.31 Acres
Year built:
1910
Baths:
MLS#:
5014531

ADDITIONAL INFORMATION

Outstanding well built brick building with 5 units, plenty of off street parking, and an extra lot. Centrally located within walking distance to everything you would want! 1 unit was commercial, can convert to 3 bedroom.

Type:
Multi-Family
Sq.Ft.:
3,934
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1920
Baths:
7.00
MLS#:
5011730

ADDITIONAL INFORMATION

Welcome to 52 Myrtle Street located in Manchester, NH. This brick 12-unit building is comprised of 4 traditional studio apartments with private bathrooms and 8 single room rentals with 3 shared bathrooms. Gut renovated in 2011, the building is fully-sprinklered, equipped with a 24/7 security monitoring system, and has been carefully maintained by the same owner for over 14 years. Heat, hot water, electricity, and wi-fi are all included in rent which is paid monthly by all tenants. The building is heated by one boiler system with radiator units throughout. Tenants enjoy the clean, well-kept, card-operated laundry facilities on site. A block away from Manchesterâ??s bustling Elm Street, residents are minutes from restaurants, grocery stores, retail shops, a variety of local businesses, and a short drive from I-293. Financials are available upon request.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Baths:
MLS#:
5005093

ADDITIONAL INFORMATION

Prime real estate opportunity! Fully Approved site plan as of Dec 2023 for twelve two bedroom units, each spanning between 600-800SF. Every detail has been carefully considered, from waste disposal to convenient amenities like app-pay laundry, storage lockers in the semi-finished basement and walkways around the building. Ample street parking is available, supplemented by the option to lease 12 assigned spots from the adjacent property at 325 Amherst St.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated {{last updated}}.




Manchester Real Estate

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 03104 has a population of 114,730. Manchester 03104 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 03104 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 03104 is 36.9 years.

Manchester Weather

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.

Manchester Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    48
    30-day change

Manchester Schools and Demographics

Education near Manchester, NH

Metric City County
High School Graduates 88.59 92.91
College Degree - 2 year 9.13 9.94
College Degree - 4 year 31.89 39.64
Graduate Degree 7.99 11.45
Expenditures per Student 16,879 16,879
Students per Teacher 12.2 12.2

Elementary Schools near Manchester, NH

School Grades Students P/T Ratio ZIP
Bakersville School PK - 05 423 15.1 03101
Beech Street School KG - 05 600 16.4 03103
Gossler Park School KG - 05 449 16.8 03102
Green Acres School PK - 05 582 16.6 03109
Hallsville School KG - 05 346 17.5 03103
Highland-Goffes Falls School KG - 05 514 17.3 03103
Jewett School PK - 05 439 17.4 03103
McDonough School KG - 05 552 14.2 03104
Northwest Elementary School KG - 05 698 16.3 03102
Parker-Varney School PK - 05 568 17 03102
Smyth Road School PK - 05 411 13.1 03104
Webster School KG - 05 443 14.3 03104
Weston School KG - 05 542 15.3 03104
Wilson School KG - 05 436 15.6 03103

Middle Schools near Manchester, NH

School Grades Students P/T Ratio ZIP
Henry J. McLaughlin Middle School 06 - 08 742 12.9 03109
Hillside Middle School 06 - 08 819 13.3 03104
Middle School At Parkside 06 - 08 655 11.3 03102
Southside Middle School 06 - 08 822 15.2 03103

High Schools near Manchester, NH

School Grades Students P/T Ratio ZIP
Manchester Central High School 09 - 12 1,836 15.7 03104
Manchester Memorial High School 09 - 12 1,613 14.8 03103
Manchester West High School 09 - 12 1,014 13.3 03102

Ungraded Schools near Manchester, NH

School Grades Students P/T Ratio ZIP
Manchester School of Technology (High School) 09 - 11 227 11.1 03103

Demographics near Manchester, NH 03104

Metric Zip Code City
Neighborhood Type Suburban
Population 114,730 420,504
Population Density 3,469 480
Median Age 36.9 40.9
People per Household 2.3 2.5
Median Household Income 66,929 86,930
Average Income per Capita 36,440 45,238