Address Withheld By Seller, Manchester, NH 03104
Local realty services provided by:Better Homes and Gardens Real Estate The Milestone Team
Address Withheld By Seller,Manchester, NH 03104
$550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:amanda plecinoga
Office:keller williams realty-metropolitan
MLS#:5049386
Source:PrimeMLS
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Price summary
- Price:$550,000
About this home
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.
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Home facts
- Year built:1890
- Listing ID #:5049386
- Added:90 day(s) ago
- Updated:September 29, 2025 at 08:14 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt Shingle, Slate
- Year built:1890
Schools
- High school:Manchester Central High Sch
- Middle school:Hillside Middle School
- Elementary school:McDonough School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$550,000
- Tax amount:$6,539 (2024)
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