by RH Advisors

See Home Value
Listed by: Amanda Plecinoga, Keller Williams Realty-Metropolitan, 603-232-8282 Selling Office: Keller Williams Realty-Metropolitan, Listing Courtesy of Prime MLS
$550,000
● Multifamily - Off Market

Manchester, NH
bedrooms
Studio
bathrooms
0 Bath
square feet
6,362 Ft²
$3,246
Est. Monthly

About This Property

Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
Unit Size
6,362 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$86
Property Type
Multifamily
Property Taxes
$545
HOA Dues
-
Year Built
-

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Last updated: 10 months ago (Prime MLS #5049386)

Price History

Date / Event Date Event Price
Sep 29, 2025 Sold
Sold
Jul 1, 2025 Listed by Keller Williams Realty-Metropolitan $550,000
Listed by Keller Williams Realty-Metropolitan

Property Highlights

Garage
Parking Available
Parking Details
Has Garage
Parking Features: Detached, Garage, Off Street, Parking Spaces 5 - 10
Garage Spaces: 2
Interior Details
Flooring Type: Carpet, Laminate, Vinyl
Basement: Yes
Exterior Details
Square Footage: 6362
Architectural Style: Freestanding, Multi-Family, Multi-Level
Year Built: 1890
Construction Materials: Wood Siding
Lot Features: City Lot, Level, Near Shopping, Neighborhood, Near Public Transportatn
Lot Size Area: 8276
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Water Source: Public
Financial Details
Tax Annual Amount: $6,540
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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