NH > Manchester
Manchester, NH 03104,Address not disclosed
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Manchester, NH 03104,Address not disclosed
Manchester, NH 03104,Address not disclosed
Manchester, NH 03104,Address not disclosed
Manchester, NH 03104,Address not disclosed
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Geralyn Donohue

Geralyn Donohue

+1(802) 377-7096
Listed by Amanda Plecinoga • Keller Williams Realty-Metropolitan
$ 550,000
Est. payment /mo
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Address not disclosed Manchester, NH 03104

6 Beds

4 Baths

3,638 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,638 sqft

Price per Sqft $151

MLS Listing ID 5049386

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1890

Annual Tax Amount $6,539

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning R3 / Mixed-Use

Rooms

Basement Entrance Interior

Basement Full, Unfinished

Interior

Cooling None

Flooring Carpet, Laminate, Vinyl

Exterior

Garage Spaces 2.0

Garage Description Detached, Garage, Off Street, Parking Spaces 5 - 10

Utilities Available Gas - On-Site

Roof Type Shingle - Asphalt,Slate

Building

Story 2

Foundation Concrete, Stone

Sewer Public

Architectural Style Freestanding, Multi-Family, Multi-Level

Construction Status Existing

Schools

Elementary Schools Mcdonough School

Middle Schools Hillside Middle School

High Schools Manchester Central High Sch

School District Manchester Sch Dst Sau #37

PrimeMLS
agent

Geralyn Donohue

Broker Associate | License ID: 081.0004386

+1(802) 377-7096

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