**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!
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!
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.
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.
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!
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.
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.
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.
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.
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.