575 Summer Street, Manchester, NH 03103
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
575 Summer Street,Manchester, NH 03103
$850,000
- 7 Beds
- 4 Baths
- 4,320 sq. ft.
- Multi-family
- Active
Listed by: nikki kalantzis
Office: realty one group next level888-888-7653
MLS#:5093367
Source:PrimeMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$147.83
About this home
Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesday 6/8 at 6pm, Thursday 6/10 at 12pm and Saturday 6/13 at 1pm by APPOINTMENT ONLY!...
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Home facts
- Year built:1920
- Listing ID #:5093367
- Added:1 day(s) ago
- Updated:June 08, 2026 at 06:42 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood
- Basement Description:Interior, Unfinished
- Living area:4,320 sq. ft.
Structure and exterior
- Roof:Flat
- Year built:1920
- Building area:4,320 sq. ft.
- Lot area:0.12 Acres
- Levels:3 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$147.83
- Tax amount:$9,537 (2024)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 8, 2026New listings near 575 Summer Street
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