Manchester NH Multi Family Homes page 0

Manchester NH Multi Family Homes $0 to $30000000
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Price Change! reduced by $15,000 down 4% on September 13th 2024
$334,900 | $211 per sq.ft. | Number of Units 0 Total Sq. Ft. 1586 | Acres: 0.17 MANCHESTER NH
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Description:Opportunity to convert 87 S. Willow Street from office building to a multi -family property. Property was converted from residential to office building by previous owner. Current Use with the city is Commerical Use. Property layout is conducive for a 2-family property. Central A/C, updated roof, ample parking. Buyer is responsible for due diligence on the necessary steps with city to convert property back to residential.

$399,000 | $186 per sq.ft. | Number of Units 4 Total Sq. Ft. 2145 | Acres: 0.11 MANCHESTER NH
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Description:***Exceptional Mixed-Use Investment Opportunity - 4 Units in the Heart of Manchester** 26 Massabesic is comprised of two apartments (two 2BD/1BA) and two retail units. Ideally situated in a location that ensures both tenant satisfaction and business success. Located across the street from Harriman Park and Lake Ave Foodmart, just 1 mile from Elliot Hospital, and a 5 min drive to all amenities Downtown Manchester has to offer. Utilities are separated for every unit. Heat and hot water includes a variety of systems with electricity, gas, or oil as the heat source. Don't miss the opportunity to invest in this standout property where residential stability meets commercial vitality- schedule your showing today!

$459,900 | $339 per sq.ft. | Number of Units 2 Total Sq. Ft. 1356 | Acres: 0.12 MANCHESTER NH
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Description: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.

Under Contract $475,000 | $198 per sq.ft. | Number of Units 2 Total Sq. Ft. 2400 | Acres: 0.08 MANCHESTER NH
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Description: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!

Price Change! reduced by $50,000 down 10% on October 17th 2024
$495,000 | $167 per sq.ft. | Number of Units 2 Total Sq. Ft. 2958 | Acres: 0.21 MANCHESTER NH
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Description:Excellent for Investors, Business Owners, and Owner-Occupied. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. Buyer must apply for Certificate of Compliance. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Street�both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.

Under Contract Price Change! reduced by $69,100 down 13% on November 14th 2024
$519,900 | $164 per sq.ft. | Number of Units 2 Total Sq. Ft. 3164 | Acres: 0.11 MANCHESTER NH
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Description:OPPORTUNITY KNOCKS !! OWNER OCCUPY and live INEXPENSIVELY - or invest and build your portfolio in a city with -1% VACANCY RATE !! Super spacious units with natural woodwork and NEWLY REFINISHED hardwood floors. Recent improvements include a newer roof, newer replacement windows. Current owner in 2021 totally NEW Kitchens, totally NEW Bathrooms, ALL NEW APPLIANCES - laundry facilities on each level. NEW wiring and updated circuit breakers with Landlord Meter, added attic insulation - basement w spray foam insulation on walls - NEW BOILER & OIL TANK. Detached garage and back alley access. Outstanding location near Elliot Hospital and minutes to Golf, shopping & the highway for commuters. LIVE HERE FOR LESS with a tenant to pay much of the housing expense for owner occupant. Please review the disclosures for all the amazing details about this property.

New Listing! $525,000 | $221 per sq.ft. | Number of Units 2 Total Sq. Ft. 2379 | Acres: 0.2 MANCHESTER NH
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Description:MANCHESTER 2 Unit, Oversized Corner Lot, Newer Roof, Newer Heating System, Completely Renovated 2nd Floor And A Fenced In Yard! Unit 1 Features 2 Bedrooms, Living Room Dining Room Combo With Bamboo Flooring. Upstairs In Unit 2 You Will Find A Complete Remodel With LVP Flooring, Brand New Cabinets And Appliances, A New Bathroom, And Solid Pine Doors Throughout. Separate Utilities, Along With A Desirable Area Will Sure To Make This Property Easy To Rent. Property Is Currently Owner Occupied With The Upstairs Unit Vacant And Ready To Go! Showings Are Delayed Till the Open House Thursday 11-21 From 4-6pm And Then Again On Saturday The 23rd From 12-2pm!

$549,000 | $285 per sq.ft. | Number of Units 2 Total Sq. Ft. 1924 | Acres: 0.1 MANCHESTER NH
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Description:Welcome to 227-229 Laval St, Manchester, NH 03102! Nestled in a prime location with picturesque views of Rock Rimmon, this beautiful two-family home offers a perfect blend of comfort and convenience. The first unit is a spacious and impeccably updated two-bedroom, one-bathroom residence. The home boasts a partially finished basement, adding valuable additional living space. Step into the newly renovated kitchen featuring sleek quartz countertops, modern stainless steel appliances, and stylish cabinetry. Vinyl plank flooring adds a touch of elegance throughout, complemented by a beautifully redone bathroom that exudes class and sophistication. Adjacent to the first unit is the equally charming second unit, also featuring two bedrooms and one bathroom in great condition. This well-maintained living space is perfect for accommodating a variety of lifestyles and needs. Situated in a great location, residents will enjoy easy access to nearby parks and schools, adding to the appeal of this fantastic investment opportunity. Don't miss the chance to make 227-229 Laval St. your own - Showings will begin at the OPEN HOUSE Saturday Nov. 16h from 11am-1pm & Sunday Nov. 17th from 11am-1pm.

Price Change! reduced by $30,100 down 5% on October 16th 2024
$579,900 | $270 per sq.ft. | Number of Units 2 Total Sq. Ft. 2144 | Acres: 0.12 MANCHESTER NH
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Description:Huge two family building with very good bones and ready for owner to occupy and or chose your own tenants. Just RENOVATED interior from top to bottom, with new kitchens, baths, paint and flooring. First floor two bedroom has refinished hardwood floors. Second floor is a two level townhouse unit with four bedrooms and new plank flooring. Eat in kitchens plus dining rooms in both apartments as well as washer dryer hook ups. Side porch, fenced yard, and two car garage off the back with second floor storage space and additional four car parking front and back. All utilities are separate. New roof installed 2024. Estimated rents are $1950 for the first floor and $2550 for the second floor townhouse unit. Potential income $54,000, expenses $9786. C.O.C. good until12/2026.

$595,000 | $213 per sq.ft. | Number of Units 1 Total Sq. Ft. 2800 | Acres: 0.23 MANCHESTER NH
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Description:Victorian gem in Manchester's North End. A Unique blend of historic and modern charm. Total of 11 rooms includes 3 rooms on the 3rd level. 2 half baths, kitchen, conference room and large open foyer. hardwood floors and many Victorian features, including 9 ft ceilings on 1st flr, 8.5 ft ceilings on 2nd flr. Currently used as professional office, this Building was originally a 2-family, and has great potential to be converted back to a Victorian residence or Professional office/residence. Well maintained, including New roof in 2024. R-2 PO Zone Over 10,000 sq ft lot, offers plenty of parking and potential for both residential conversion or commercial use.

$600,000 | Number of Units 0 Total Sq. Ft. 0 | Acres: 0.21 MANCHESTER NH
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Description: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.

Under Contract $650,000 | $196 per sq.ft. | Number of Units 3 Total Sq. Ft. 3312 | Acres: 0.13 MANCHESTER NH
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Description:Welcome to 470 Spruce Street, a beautifully maintained 3-family home that represents a sound investment opportunity for those seeking a property that is already income-producing. This exceptional property features three spacious three-bedroom units, currently grossing a monthly income of $6,280, while the first floor unit is rented under value. Each unit is designed for comfort and practicality, making it highly attractive to tenants and ensuring consistent rental income. A standout feature of this property is the three-stall garage and additional parking, a rare and valuable amenity in the city that enhances its rental appeal. While the owner covers gas expenses, the overall property expenses are kept impressively low, maximizing net income and ensuring a strong return on investment. The well-maintained interiors and modern upgrades, including contemporary appliances and fresh paint, contribute to the property's desirability and tenant retention. Centrally located, 470 Spruce Street is conveniently close to schools, parks, shopping, dining, and major highways, offering easy access to all that Manchester has to offer. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a reliable income-generating property, this home offers both immediate returns and long-term growth potential. Don't miss out on this prime investment opportunity. Showings begin on Saturday, June 8th. 24 Hour notice required. OFFER DEADLINE 8PM 6/10. Thank you.

Under Contract Price Change! reduced by $5,000 down 1% on October 18th 2024
$670,000 | $194 per sq.ft. | Number of Units 2 Total Sq. Ft. 3447 | Acres: 0.16 MANCHESTER NH
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Description:BACK ON THE MARKET due to financing contingency falling through. Nestled in the heart of Manchester's coveted North End is this spacious 3,400 sq.ft. two-family property. The first-floor apartment features three bedrooms, one bathroom, and a cozy screened-in porch for relaxing evenings. The second unit spans two floors and boasts a bright and airy four-bedroom, two-bathroom layout with a large, screened porch. Abundant natural light fills the upper levels, creating a warm and inviting atmosphere. The property includes a two-car garage that is perfect for storage, plus ample driveway parking. Recent updates include vinyl siding, a newer roof, and two hot water heaters. Perfect for owner-occupants or rental income, this property is located in a desirable neighborhood near parks, top-rated schools, and local eateries. Here's your chance to own a piece of Manchester's history!

$679,000 | $237 per sq.ft. | Number of Units 3 Total Sq. Ft. 2860 | Acres: 0.12 MANCHESTER NH
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Description:SPACIOUS 3 FAMILY, 5 GARAGES + parking; TAWs: 1ST FLOOR, 3-bedrm apt,remodeled recently,$1700. month; 2nd floor, 4-bedrms, remodeled 2 yrs ago, vinyl plank flooring. $2200. month; 3rd floor, 2 bedrms, w/ long-term tenant, $1000. rent.; Tenants pay own gas heat & utilities; private side porches. Showings by appointment only, assisted, 24 hr notice with tenants; 3 blocks to CMC Hospital, corner lot.

$695,000 | $159 per sq.ft. | Number of Units 3 Total Sq. Ft. 4378 | Acres: 0.11 MANCHESTER NH
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Description:Investment Opportunity or Owner Occupied, this well maintained 3- family is located on a nice corner lot at Valley and Jewett St. New Heating system on the 1st floor. The roof was replaced in 2023. The apartments are all large and spacious 3-bedroom apartments with large living rooms and Vinyl replacement windows. The property includes off- street parking for 5 cars. Close to Elliot Hospital. The property has a strong rental history and room to increase revenue. Assisted showings are required, 24 Hour notice to show.

$699,900 | $252 per sq.ft. | Number of Units 3 Total Sq. Ft. 2781 | Acres: 0.4 MANCHESTER NH
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Description:If you're looking for a Multi Family that checks all of the boxes, this one is it! 3 Family, large corner lot, walking distance to schools, best schools in Manchester, Newer High-End heating systems, New Oil tanks, New Hot Water tanks, Central A/C in all units, Vinyl Windows, Hardwood floors and the list just keeps going! If you're looking to get into or are already in the Rental Market, this is one property that should be in your portfolio! What are you waiting for? Make your appointment to see this property!

$750,000 | $198 per sq.ft. | Number of Units 3 Total Sq. Ft. 3786 | Acres: 0.12 MANCHESTER NH
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Description:Large 4 and 3 bedroom units in this clean and improved flat top 3 unit building with ample parking. Newer windows, membrane roofing, gas heating and siding. Inside it's improved with sheet rock, newer trim and doors, tile flooring throughout. It's a big building with big apartments easy to rent. Each apartment includes kitchen appliances, washer and dryer. This building has been conscientiously upgraded and maintained by the same owner occupants for 20 years.

$799,900 | $165 per sq.ft. | Number of Units 3 Total Sq. Ft. 4855 | Acres: 0.12 MANCHESTER NH
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Description:Large flat roof multi-family with 3 large 1618SF units. Each has 6 rooms and 3 or 4 bedrooms. All large rooms including a large Eat-in kitchen. two Porches for each apartment. Each unit has a storage shed room, full bath and a half and a laundry room. All on a corner lot with Off-street parking for 6 cars. Convenient location.

$800,000 | $150 per sq.ft. | Number of Units 3 Total Sq. Ft. 5322 | Acres: 0.15 MANCHESTER NH
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Description: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.

Under Contract $800,000 | $182 per sq.ft. | Number of Units 5 Total Sq. Ft. 4400 | Acres: 0.24 MANCHESTER NH
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Description:MULTI-FAMILY HOME CLOSE TO EVERYTHING�CLEVER INVESTORS TAKE NOTE! This centrally located five unit property is ready for an owner-occupant or those looking to generate passive real estate income. Minutes to the highway taking you easily to Boston, the seacoast or lakes regions with shopping, restaurants, parks and green spaces just out your door this gem is a short stroll to vibrant downtown Manchester and the scenic Merrimack River. Two stories of gracious covered porches framed with white railings and ornamental supports add to the curb appeal of this historic home. The center entrance leads to a grand staircase and welcoming hallway. Five light and bright apartments span three levels and each feature a different floor plan for true versatility for your renters and boast comfortable, sun-filled rooms accented with updated hard surface flooring. High ceilings give a large sense of space, bay windows and substantial moldings add to the charm. Unique kitchens feature granite, butcher block and solid surfaces and vintage cabinetry. The bonus of laundry facilities on the first floor is a highly desirable perk. A large driveway leads to plentiful parking spaces for renters behind the home for ease of living. Many systems and features have been recently updated and refreshed, making this a superb opportunity for the right buyer. WITH FABULOUS INCOME POTENTIAL IN AN ULTRA-CONVENIENT LOCATION...IT�S AN INVESTMENT YOUR TENANTS AND WALLET WILL LOVE!

$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 513-517 Chestnut St, 159 Auburn St, and/or 57-59 Laurel St. Agent interest.

$1,095,000 | $278 per sq.ft. | Number of Units 12 Total Sq. Ft. 3934 | Acres: 0.12 MANCHESTER NH
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Description: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 Manchester�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.

Under Contract $1,150,000 | $173 per sq.ft. | Number of Units 6 Total Sq. Ft. 6636 | Acres: 0.18 MANCHESTER NH
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Description:First time ever on the market! Meticulously maintained, PRISTINE 6 unit building with detached garages/carports for every unit as well as covered porches, large storage units, W/D hook ups, updated kitchens , hardwood floors , replacement windows, updated electrical, seperate utliities the list goes on and on. Ideal for an owner occupied ! Limited showings, AGENTS see internal remarks for details.

Under Contract $1,395,000 | $220 per sq.ft. | Number of Units 6 Total Sq. Ft. 6336 | Acres: 0.12 MANCHESTER NH
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Description:Incredible Manchester, NH investment opportunity! This meticulously maintained property offers 6 two-bedroom units with hardwood floors, updated kitchens with granite counter tops & stainless-steel appliances, newer bathrooms, composite decking, ADA compliant handrails, and newer windows! All electric & plumbing is completely updated! Each unit has its own entrance with little to no common space and there is enough off-street parking for up to 12 cars! This property is fully occupied! Whether you are a seasoned investor or looking for your first property... this is a DO NOT MISS!!!

$2,135,000 | $185 per sq.ft. | Number of Units 11 Total Sq. Ft. 11544 | Acres: 0.22 MANCHESTER NH
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Description:Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it�s conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.

$3,049,900 | $672 per sq.ft. | Number of Units 5 Total Sq. Ft. 4541 | Acres: 0.13 MANCHESTER NH
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Description:Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 355 - 357 Merrimack Street, Manchester, NH is a 5-unit multi-family property. This property features two structures; The first structure is 355 Merrimack Street, a single-family home with 3 bedrooms, 1 bathroom, and 1,220 square feet of living space. Great value-add potential. The second structure is 357 Merrimack Street which is a four-unit building that includes three (3) spacious two-bedroom, one-bathroom apartments ranging from 800 to 900 square feet, and one (1) - one bedroom, one bathroom, 600 square feet unit. Some units are renovated and move-in ready in the four-unit building. This property generates approximately $7600 in monthly gross rental income. This property must be sold as a part of the 19-unit portfolio; 187 Merrimack Street, MLS#5022061, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don�t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!

$3,049,900 | $745 per sq.ft. | Number of Units 8 Total Sq. Ft. 4095 | Acres: 0.11 MANCHESTER NH
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Description: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. Don�t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!

$3,049,900 | $692 per sq.ft. | Number of Units 6 Total Sq. Ft. 4410 | Acres: 0.16 MANCHESTER NH
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Description:Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. Part value add, this multi-family property was constructed in 1910, stands 2.75 stories tall, and boasts a total of 10 bedrooms, 6 bathrooms, and 6 kitchens spread across 4,410 finished square feet. The property includes six (6)-units, four (4)-units with 2 bedrooms and 1 bathroom each, and two (2) units with 1 bedroom and 1 bathroom each, generating a monthly gross income of $9,800. Nestled in the Kalivas Union neighborhood, enjoy proximity to parks, shops, and entertainment. Conveniently located less than a mile from exit 5 Along Rt 293, it offers easy access to various amenities, making it ideal for daily activities and commuting. This property must be sold as part of the entire 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don�t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!

$3,049,900 | $249 per sq.ft. | Number of Units 19 Total Sq. Ft. 12271 | Acres: 0.4 MANCHESTER NH
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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 $25,860, totaling a gross annual income of $311,520. 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 $10,210. 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 $9800. 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 $7600. 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. its individual property listing at 489 Pine St MLS#5022062, 187 Merrimack St MLS#5022061, 355-357 Merrimack St MLS#5022063. This property must be sold as a 19-unit portfolio.

Price Change! reduced by $150,000 down 5% on October 3rd 2024
$3,199,000 | $284 per sq.ft. | Number of Units 16 Total Sq. Ft. 11248 | Acres: 0.14 MANCHESTER NH
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Description:119 Hanover Street is a turnkey, mixed-use investment opportunity positioned on the corner of Hanover and Chestnut in the heart of Manchester�s downtown. Sited within a block of major attractions such as the Hanover Street Chophouse, The Palace Theater, and several new multifamily developments, this location is second to none. This two-story brick building boasts 11 apartments (a mix of studio and 1-bedrooms), 5 retail units, and a leased billboard, all of which have seen significant renovations over the last two years. These upgrades include new electrical panels, updated unit plumbing, new high efficiency mini-splits, a new rubber roof, and a freshly painted fa�ade. Additionally, each of the apartments have been painstakingly remodeled with high-end finishes including granite countertops, stainless-steel appliances, premium-LVP flooring, and in-unit air conditioning. The residents can also access the free high-speed wireless internet newly installed throughout the building, utilize the brand-new laundry room, and benefit from the high-resolution cameras providing interior and exterior coverage of the property. All of the commercial units are fully occupied on multi-year leases with a mix of retail and restaurant tenants. The billboard presents additional opportunity for value-add with an at-will operator that has been renting for almost three decades at a below market rate. Don�t let this opportunity to own a turnkey building in Manchester�s downtown pass you by!

Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 26th, 2024

NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM Designed by BSC DATA

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