Manchester NH Multi Family Homes $0 to $30000000
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- Under Contract
Price Change! reduced by $10,000 down 1% on December 12th 2024
$699,900 | $156 per sq.ft. | Number of Units 3 Total Sq. Ft. 4485 | Acres: 0.12 MANCHESTER NH
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Description:Large West Side Three-Family in Rimmon Heights. Each unit is 1,495 sq. ft. and has 3-4 bedrooms, laundry hookups and two private decks! All units are separately metered for natural gas (heat and hot water) and electric. The second and third floor units have been recently updated and are vacant, perfect for potential owner-occupants. Features of the updated units include: refinished hardwood floors, fresh paint, light fixtures, carpet, mini blinds, sinks, bathroom vanities, toilets, refrigerators and ranges. The building received new vinyl siding and a new Rinnai heater on the third floor in October 2024. Gross rents are estimated at around $80,000 annually if fully occupied. The basement is dry and houses the furnace, hot water heaters and electrical panels, with ample extra storage space. Off-street parking accommodates 3-5 cars, and there’s a 1-bay garage currently being used for storage. Application for COC is in-process.
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$800,000 | $150 per sq.ft. | Number of Units 3 Total Sq. Ft. 5322 | Acres: 0.15 MANCHESTER NH
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Description:Back on the Market! Buyer's financing fell through. This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing.
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$829,000 | $195 per sq.ft. | Number of Units 4 Total Sq. Ft. 4244 | Acres: 0.15 MANCHESTER NH
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Description: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 637 Harvard St, 159 Auburn St, and/or 57-59 Laurel St. Agent interest. Minimum 24 hour notice to show, prefer 48 hours.
- Under Contract
$850,000 | $175 per sq.ft. | Number of Units 3 Total Sq. Ft. 4853 | Acres: 0.12 MANCHESTER NH
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Description: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 throughout—including a new roof, siding, windows, heating systems, electrical, plumbing, and brand-new kitchens, flooring, paint, and fixtures—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. Don’t miss out—schedule your showing today!
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$895,000 | $175 per sq.ft. | Number of Units 5 Total Sq. Ft. 5114 | Acres: 0.31 MANCHESTER NH
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Description: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.
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Data last updated January 10th, 2025
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