SELECT Id FROM new_searchtable
where town = 'Manchester' and state='NH' and type ='M'
and (nof_units >='4') and (nof_units >='4')
AND list_price BETWEEN '0' AND '30000000'
ORDER BY list_price Desc
Manchester NH Multi Family Homes page 0
Granite Northland Associates
Serving Mascoma Lake Area
Call 603-523-7200
Description:Great opportunity to own a large, clean, fully renovated four-unit building near Manchester's Hanover Hill neighborhood. This turnkey investment has been thoughtfully updated by the current owner with quality upgrades and modern finishes, making it ideal for both seasoned investors and owner-occupants. The building had a complete roof replacement and new asphalt paving laid in 2019, followed by new blown-in insulation installed throughout, two new forced air furnaces with new ducting, and four Rinnai on-demand water heaters installed in 2021, greatly increasing the building's energy efficiency and comfort. The two first-floor units are generously sized two-bedroom/one-bathroom apartments while the upper two floors are massive four-bedroom townhouse-style apartments. Every unit includes updated kitchens with newer appliances and clean white cabinetry, renovated bathrooms with modern fixtures, and washer and dryer hookups for added convenience. The interiors feature vinyl plank flooring, neutral tones, and bright, sun-filled living spaces. All units are separately metered, and tenants are responsible for their own utilities, offering strong cash flow potential and lower operating costs. All electrical panels have been recently upgraded too. With plenty of off-street parking, large clean units, and no major capital expenditures on the horizon, this property is ready to generate income from day one.
Description:Fantastic North End 6 Unit Manchester Multi situated on a nice block flanked between a few 2 families! Self Managed for 21+ years by same owner. Property is a 'Turn Key' well oiled machine with 6 great tenants, fully rented, and easy to manage even for the unseasoned investor. All 6 units have separate utilities and offer 1 parking space per unit. Low maintenance vinyl sided with replacement windows throughout. No dogs and all non-smokers. Easy to maintain yard and COC is valid thru June of 2027. Seasoned seller is sad to part with this wonderful asset but moving on to a larger multi-family. Easy to show. Current Gross of $93,000.00 with $15,280.00 expenses (includes taxes) Solid NET of $77,720.00 (Seller is Real Estate Agent)
Description:Superb westside location! 8-units: (2) 3-bedrm apts, 1 is brand new, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat, hot water. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units, mostly remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for salon, restaurant, commercial kitchen, ethnic or variety shop, offices, or any type business. Brick and aluminum siding. (6 Commercial present units are laundromat, pasta- catering/bakery, church, Karate/gym,plus 2 available). A good investment! 7+% Cap rate on $106+K net. Lots of value add! Nice open area near St Mary's Church.
Description:Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated units—seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including several new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, over-improved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public garage under construction directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester’s most desirable rental locations.
Description:Well-maintained 9-unit multifamily portfolio located on the East Side of Manchester, consisting of three adjacent 3-unit buildings at 377, 379, and 383 Manchester Street. The portfolio includes six 1-bedroom units and three 2-bedroom units, all with functional layouts. Interiors across the units are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The properties feature approximately 9–10 off-street parking spaces across a contiguous lot, along with additional street parking. 383 Manchester Street benefits from parking via an easement with the adjacent 379 Manchester Street. Current rents are approximately $1,325-$1,475/month for the 1-bedroom units and ~$1,750/month for the 2-bedroom units, generating a combined ~$163K/year in gross income and an estimated ~$105K in net operating income. This portfolio offers investors the ability to acquire scale within a single location, with operational efficiencies, strong in-place income, and long-term upside through rent growth and continued management improvements.
Description:This 9-unit residential building strikes a solid balance between cash flow, efficiency, and long-term value making it a prime opportunity for investors looking for a dependable income property. The building offers a practical mix of layouts: three 4-bedroom/1-bathroom units and six 3-bedroom/1-bathroom units. The layouts are efficiently designed with good natural light, and each unit includes washer and dryer hookups for added tenant convenience. The unit mix appeals to a broad range of renters, supporting consistent occupancy. For investors, the numbers speak for themselves: a diverse unit mix, low-maintenance layout, and strong tenant demand add up to a property built for steady, reliable returns well into the future.
Description:An outstanding opportunity to invest in 3 multifamily properties in Manchester, NH. This portfolio includes 19 units with a 7%+ CAP return, located at 489 Pine Street, 187 Merrimack St, and 355-357 Merrimack St, Total portfolio gross monthly rents are $27,805, totaling a gross annual income of $333,660. Unit mix = (1) three-bedroom unit, eight (8) two-bedroom units, three (3) one-bedroom units, and seven (7) studio-style units. 489 Pine Street has 8 units, one (1) unit with 2 bedrooms & 1 bathroom, and seven (7) studio units with 1 bathroom each. Monthly gross returns total $10,765. 187 Merrimack St has six (6) units, two (2) - 1 bedroom and 1 bathroom units, and four (4) - 2 bedrooms, 1 bathroom units ranging between 500-1175 Sq ft. Monthly gross returns total $9100. 355-357 Merrimack St has five (5) total units across two (2) buildings/structures on one parcel. 355 is a single-family home detached that offers 3 bedrooms, and 1 bath across 1220 Sq Ft. Monthly gross returns total $7905. 357 Merrimack St, is a four (4) unit structure that has three (3)- 2 bedroom, 1 bath units, and one (1)- one bedroom, one bathroom unit. Take advantage of this opportunity to acquire a substantial multifamily portfolio in Manchester, NH all within 0.5 miles of each other including a unique unit mix. This property must be sold as a 19-unit portfolio.