Manchester NH Multi Family Homes $500000 to $1000000
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- New Listing!
$699,000 | $155 per sq.ft. | Number of Units 3 Total Sq. Ft. 4521 | Acres: 0.1 MANCHESTER NH
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Description:An exceptionally large 3-family with 1500+ square feet garden style apartments each with 8 rooms; 4 used as bedrooms on a great corner lot in Manchester. Long term tenants occupy 2nd and 3rd floors as Tenants at Will; all pay for their own utilities. Each floor has a porch, front and back staircases, high ceilings, split kitchen/pantry, laundry hookups in 2 units. The first-floor apartment is fully renovated with brand new stainless steel appliances and ceiling fans, Vacant. Can be use for owner occupation if needed. Otherwise, the rent for this unit would be approximately the gross income indicated. This property has undergone a lead abatement and was issued a lead-free certificate for interior and exterior. Some new windows and completely new rubber roof! This is a great investment property!
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Price Change! reduced by $20,200 down 3% on March 7th 2025
$724,800 | $216 per sq.ft. | Number of Units 3 Total Sq. Ft. 3360 | Acres: 0.12 MANCHESTER NH
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Description:Turnkey 3-Family Investment Property with Prime Location & Strong Rental Income! Don’t miss out on this well-maintained, fully rented 3-family property, offering an exceptional opportunity for both investors and buyers looking for passive income. The property features two spacious 3-bedroom units and a cozy 1-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. With off-street parking and a side lawn area, this property offers convenient amenities for tenants while minimizing upkeep for the owner. Each tenant is responsible for their own utilities, ensuring minimal landlord costs. Situated in a prime location, just minutes from CMC Medical Center and within walking distance to shopping, dining, and several parks, this property is always in demand. Recent updates have been made to enhance the appeal and functionality of the units, ensuring long-term value and tenant satisfaction. This is the perfect opportunity for an investor seeking a low-maintenance, high-return rental property in a thriving area. Whether you're looking to add to your portfolio or secure a property that provides steady cash flow, this one is ready to go!
- Under Contract
$750,000 | $181 per sq.ft. | Number of Units 3 Total Sq. Ft. 4155 | Acres: 0.23 MANCHESTER NH
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Description:An exceptional investment opportunity awaits with this well-maintained, three-unit mixed-use building located on the bustling Second Street in Manchester, NH, a B2 zone . Owned by the same owner for 35 years, this property offers a blend of stability and potential. The first and second floors are occupied by long-term commercial tenants, providing steady income and ideal spaces for entrepreneurs or professionals seeking visibility and accessibility. The third floor features a spacious 2-bedroom, 2-bath residential rental unit, perfect for owner-occupancy or additional income. Positioned on a high-traffic street with significant exposure, 9+ car parking and on-site signage opportunities, this property ensures maximum visibility for businesses. Located in the Manchester B2 zoning district, it allows for a variety of commercial and residential uses. This rare property offers long-term growth potential with under market rents, and an excellent addition to your portfolio. The city does have this classified as a Commercial Building so check with your lender.
- New Listing!
$750,000 | $156 per sq.ft. | Number of Units 3 Total Sq. Ft. 4794 | Acres: 0.04 MANCHESTER NH
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Description:Nearly everything is new here. 3 family building, large units, two 4-bedroom units and one 3-bedroom unit. The building has been thoroughly rebuilt. New flooring, new walls, new kitchens, bathrooms, paint, lighting. All the windows are new. All utilities are new. Heaters, superstores are new. The appliances are new in the kitchens, the bathroom vanities are new. Did I say everything is new. All separate utilities. 3 new heaters, 4 electric meters. On-street parking at the sidewalk. Easy to show.
- New Listing!
$769,900 | $216 per sq.ft. | Number of Units 3 Total Sq. Ft. 3564 | Acres: 0.23 MANCHESTER NH
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Description:Great investment property or owner occupied. Large 3 units with 3 bedrooms each and one full bath, separate storage for each and plenty of parking. Parking lot for 9+ cars and the 2 detached garage is a plus that can give you an extra rent. Basement has a coin operated laundry for an extra income. Very well located near HWY, restaurants, stores, and hospital, easy to commute. Lal the units have same layout. 3rd floor is vacant., 1st and 2nd are month to month. Each unit is responsible for its own electric and heater and hot water. Showings start on 3/30 1-2pm @ the Open house, and can ONLY be shown at Open houses.
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$795,000 | $160 per sq.ft. | Number of Units 4 Total Sq. Ft. 4960 | Acres: 0.11 MANCHESTER NH
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Description:
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Price Change! reduced by $2,195,000 down 257% on February 15th 2025
$854,900 | $188 per sq.ft. | Number of Units 5 Total Sq. Ft. 4541 | Acres: 0.13 MANCHESTER NH
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Description: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 with 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. Current annual return over 7%+ CAP RATE. Offers excellent investment potential, so don’t miss your chance to own this income-generating Multi-family in Manchester, NH.
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Price Change! reduced by $76,000 down 8% on January 6th 2025
$899,000 | $182 per sq.ft. | Number of Units 5 Total Sq. Ft. 4946 | Acres: 0.09 MANCHESTER NH
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Description:**A Rare Investment Opportunity in the Heart of Manchester!** This well-maintained, 5-unit multifamily building offers a unique combination of residential and commercial income potential, making it a truly versatile investment. Situated in the heart of Manchester, this property has been a consistent income producer for many years and boasts a steady occupancy rate. All tenants pay their own utilities. Unit Breakdown: (2) One-bedroom units (1) Three-bedroom unit (1) Four-bedroom unit (1) Five-room office space The mix of residential and commercial spaces provides flexibility for a variety of uses, including potential owner-occupancy, small business operations, or expansion of office services. Includes 5 off street parking spots for tenants and 4 on-street parking spots. This is an exceptional opportunity for investors looking to expand their portfolio or for a hands-on owner-operator seeking a property with built-in income and future growth potential. Don't miss out!
- Under Contract
$925,000 | $136 per sq.ft. | Number of Units 5 Total Sq. Ft. 6783 | Acres: 0.15 MANCHESTER NH
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Description:Open House Sunday 2/23 from 10-Noon. 5 Unit Manchester NH East side. Two buildings on the same lot, 144 Pearl is large 3-unit with 3+ bedrooms in each unit, 142 Pearl is 2-unit consisting of a 3 bedroom and a 2 bedroom. All units have been recently renovated with newer cabinets, bathrooms, flooring, fixtures, heating systems, and some new laundry equipment. Newer flat rubber roof on 144 Pearl building. Parking for atleast 1 car per unit. In place income very strong, with current gross annual income at $ 107,730.00. Tenants pay ALL UTILITIES except water/sewer. Pre-approved and qualified buyers only. Agent interest.
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Price Change! reduced by $2,109,900 down 224% on February 15th 2025
$940,000 | $213 per sq.ft. | Number of Units 6 Total Sq. Ft. 4410 | Acres: 0.16 MANCHESTER NH
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Description:Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. 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. Current annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, don’t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
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Data last updated April 2nd, 2025
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