Manchester NH Multi Family Homes $0 to $30000000
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- 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!
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$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.
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$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.
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$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!
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$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.
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$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.
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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: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!
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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 513-517 Chestnut St, 159 Auburn St, and/or 57-59 Laurel St. Agent interest.
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Data last updated November 23rd, 2024
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