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Granite Northland Associates
Serving Mascoma Lake Area
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  • $1,325,000 | $211 per sq.ft.
    5  Unit Multi Family Home,
    514 Hanover Street Manchester NH
    With 2 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units
    | MLS# 5101368
  • 5101368 property image 1

  • Listed by Matthew Brown Galactic Realty Group LLC on July 23rd 2026
    DESCRIPTION
    Turn-key 5-unit multifamily investment opportunity located atop Manchester’s prestigious “Hanover Hill.” This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.
    Gross Income : $115200
  • UNIT 1 INFORMATION

    Beds: 4
    Baths: 3
    Rooms: 0
    Tenant Pays : Electric,Heat
    Rent : 2825.00 Monthly
    Status : Leased
    UNIT 2 INFORMATION

    Beds: 2
    Baths: 2
    Rooms: 0
    Tenant Pays : Electric,Heat
    UNIT 3 INFORMATION

    Beds: 1
    Baths: 1
    Rent : 1460.00 Monthly
    Status : Leased
    UNIT 4 INFORMATION

    Beds: 1
    Baths: 1
    Rent : 1600.00 Monthly
    Status : Leased
    UNIT 5 INFORMATION

    Beds: 2
    Baths: 1
    Rooms: 0
    Rent : 1740.00 Monthly
  • CONSTRUCTION
  • Vinyl Exterior Exterior Color : Blue
    Year Built: 1910
    No. of Floors: 3
    Total Sq.Ft. Finished: 6289
    Above Grade Sq.Ft.: 6289
    Price Per SQ.FT.: $210.69
    Basement: Concrete | Interior Access | Basement Stairs
    Heating: Natural Gas | Baseboard
    Cooling: Mini Split
    Electric: Circuit Breaker(s)
    Utilities: Cable Available | Gas On-Site
    Electric Meters:
    Style: Multi-Family
    Roof: Shingle
    Water: Public
    Sewer: Public
    Seasonal: No
  • LAND INFORMATION
  • Landscaped
    Lot size: 0.39 acres
    Zoned: MX-1)
    Surveyed: Unk
    Flood Zone: No
    Driveway: Paved
  • ADDITIONAL INFORMATION
  • Taxes $10,751  | Assesed Value $549,100 in 2024
  • AREA INFORMATION
  • School District: Manchester Sch Dst SAU #37
    Elementary School: McDonough School
    Middle School: Hillside Middle School
    High School: Central High School
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