Turn Key Vacant Multifamily ready for investors or owner occupied buyers! Rare opportunity to own a well kept three unit property. All units are 3 bdrm, 1 bath that have been well maintained and are ready for occupancy. Property has a fully fenced in yard and porches on the first and second floor units. Large two car barn with loft and off street parking on both sides of barn. All separate utilities for units. Certificate of Occupancy for code compliance just reissued 2024.
This expansive duplex in downtown Manchester is a fantastic investment opportunity. The building is in great shape, offering two spacious units with excellent amenities. The first-floor unit is bright and airy, featuring two bedrooms, a massive living room, a dining area, and a kitchen. It also includes direct access to the basement and its own garage bay. The second-floor unit is equally impressive, boasting three bedrooms, a kitchen, and a living room, along with private access to its own garage bay. With off-street parking for four vehicles and separate laundry for each unit, convenience is key. Both units are currently leased, making this a prime addition to any investment portfolio or an ideal first property. Donâ??t miss out on this incredible opportunity! First showings are Saturday March 1st at the open house! Showings during open house times ONLY!
Hanover Hill area, west of Hall Street. BEST-priced 2 family with garage in town! Tenants use as 3-bedrooms each (2BR plus dens). Hardwood or vinyl-plank flooring. First-floor tenants are long-term,pay $2500.month,($30,000. Per year). 2nd floor vacant, just remodeled., ideal to owner-occupy or collect market rent estimate: $2200.+/-. Vinyl-sided. 1 Garage plus 3-car parking, in front. Tenants pay own electric. Gas heat/hot water : $3,600, insurance : $2,100, water/sewer i: $1,200. Small lot but private backyard. Second floor has private deck. Low maintenance lot. Quiet neighborhood, way up the hill from Town.
214 Bremer Street in Manchester is a fantastic opportunity for investors or owner-occupants looking to generate rental income. This three-unit multifamily property features two spacious three-bedroom apartments and one comfortable two-bedroom apartment, each with a full bath. With separate utilities for all units, managing expenses is simple and convenient. Located in a desirable area of Manchester, this property is in high demand among renters. The city offers a strong job market, great restaurants, shopping, and plenty of parks and outdoor activities. Its central location provides easy access to highways, schools, and public transportation, making it an attractive option for tenants. Whether youâ??re looking to maximize rental income or live in one unit while the others help cover your mortgage, 214 Bremer Street is a smart investment in a growing city. Donâ??t miss this chance to own a property that works for you! Showings start at the open houses Saturday, February 22rd, and Sunday, February 23rd from 11 am - 1 pm.
OFFER DEADLINE - Sun 2/23 @ 5 PM. Updated Multifamily in Prime South Manchester Location! This well-maintained 2-unit property offers the perfect mix of comfortable living and rental income potential â?? all just minutes from downtown, shopping, and major commuter routes. Step into the first-floor owner-occupied unit and enjoy the convenience of a mudroom with in-unit laundry. The updated eat-in kitchen with stainless steel appliances, spacious living room, and bonus sunroom provide plenty of space to relax. Two generously sized bedrooms and a modernized bathroom complete the unit. Upstairs, the three-bedroom unit features an eat-in kitchen with new flooring, a laundry hookup, and long-term tenants already in place â?? a great source of passive income! Need storage? The basement includes a partially finished room plus ample extra space. Outside, the fenced-in backyard boasts a patio area and greenspace, perfect for pets, gardening, or summer BBQs. The driveway comfortably fits four cars, making parking a breeze. Whether you're looking to owner-occupy and offset your mortgage or expand your investment portfolio, this property has it all. Showings by private appointment â?? donâ??t miss out!
Saturday 15th Open House ONLY. Conveniently located 3 family. One block to Derryfield Park. ALL 3 units have been renovated in the last 12 months. 1st Floor is a clean 5 room 2/3 bedroom unit. Will be vacant for owner occupancy. Two units 2nd floor are spacious 1-bedroom units in great condition. Coin-op laundry in basement. Owner pays Heat/Hot water to all units and Electric to 2 units. Live in the first floor unit & let the top floor pay your mortgage! On street parking only. Only showings will be at Open House starting February 15th from 10am-Noon. Agent Interest
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.
Saturday 15th Open House ONLY. Welcome to 221 Lake Ave, a beautifully renovated 3-unit multifamily property in the heart of Manchester, NH. This well-maintained building offers three spacious 3-bedroom, 1-bath units, making it an ideal investment opportunity or a perfect home for an owner-occupant.Unit 1 â?? Owner Occupant Opportunity: The first-floor unit is vacant and completely renovated, offering a modern living space with fresh finishes throughout. Featuring new flooring, updated kitchen and bathroom, and ample natural light, this unit is ready for you to move in and make it your own. With three generously-sized bedrooms and a full bath, itâ??s the perfect place to call home while enjoying rental income from the other units. Units 2 & 3 â?? Investment Potential:Both the second and third-floor units are currently rented, providing an excellent opportunity for steady cash flow. These units also offer three bedrooms and one bathroom, with plenty of space for tenants to enjoy. Off Street parking for 6 cars. Showings to start at open house on 2/15 from 1pm-3pm No other showings outside of those times. Agent Interest
Turnkey 3-Family Investment Property with Prime Location & Strong Rental Income! Donâ??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!
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.
Two family home with 3 bedrooms on the 1st floor and 2 bedrooms on the second floor located at 209 Ray Street in a sought-after North Manchester location, minutes to the highway, restaurant's, shopping and downtown. 2 car garage, fenced in yard, screened porch, hardwood flooring, some updates, dry basement & Separate utilities.
Completely renovated, low maintenance, easily managed investment opportunity awaits new owner. Offered at an attractive 8% cap rate after vacancy, management, capital reserves and operating expenses. Six, completely renovated, 1400-1500+/- square foot units, in three buildings. Each unit featuring 3 bedrooms, 2 baths, new kitchens and baths, three season porches, decks/balcony's. Updated; roofs, siding, windows, plumbing, electrical, flooring, appliances, including washer dryers and finishes. Freshly paved parking lot, with a 24 car capacity, including 5 garage stalls. These units are situated on over an acre on the upper west side of Manchester near the Bedford line in well established area of single family homes. Group showings of vacant unit will be shown to qualified investors on Thursday/Friday (01/30-01/31). Property is owned by licensed NH real estate broker.
PRICE REDUCED $15,000 - Charming Multi-Family Brick Front Townhouse in Downtown Manchester. Located in the coveted Historic District neighborhood, this multi-family townhouse offers endless possibilities. One of only 16 brick-front townhomes in the area, this property allows you to live in one unit and rent the other, or Airbnb both for added income. Each sunny, South facing unit has separate utilities for easy management. Unit 1 (First Floor) includes a cozy one bedroom, living room, dining room, kitchen, a 3/4 bath and a shared, fenced courtyard off the kitchen. Unit 2 (Second & Third Floors) boasts two bedrooms, a spacious living room, dining room, kitchen, a full bath and a front yard with established perennials and trees, ideal for outdoor dining and relaxation. Both units feature charming exposed brick and hardwood floors throughout, plus access to the basement with washer/dryer and secure storage. Located within walking distance to downtown Manchesterâ??s restaurants, shopping, and entertainment, this property offers the perfect blend of historic charm and modern convenience. This rare opportunity allows you to own a piece of Amoskeag Mills history with the flexibility to generate rental income. Donâ??t miss outâ??schedule your tour today!
Offer Deadline Monday 1/27 5pm. Multi-Family Investment opportunity in Manchester NH. Property consists of three units spread between two buildings. Split-level in the front and duplex in the back. Chance to owner occupy with rental income from in-law apartments or add another property to an investment portfolio. Tucked away in a quiet neighborhood on a dead end street. Ample parking for all units with large driveway. Split-level is open-concept with huge living room for entertaining and lounging. There's space for formal dining off the kitchen with stainless steal appliances. Down the hall is 3/4 bath and two generously sized bedrooms with large closets. Downstairs is the primary bedroom with ensuite bath and walk-in closet. Also downstairs are 3 additional beds and another full bath with washer/dryer. 2700 sq ft of finished space in the split-level. The duplex consists of two 737 sq ft 1 bed/1bath units with kitchen and living room. Underneath the apartments are two large storage units that could offer additional rental income. Space for gathering and entertaining in the backyard. Property is on a one acre lot, not far from all the amenities Manchester has to offer. Truly a hidden gem and a flexible property that can be put to work for you. Showings start at the Open House Saturday 1/25 11am-1pm. See you then.
Unique Duplex Multi-Family with Tremendous Potential â?? Perfect for Investors or Owner-Occupants! Nestled in the quieter side of the city, this one-of-a-kind duplex offers a distinctive layout and charming architectural details that truly make it stand out. Featuring striking exterior pillars and stunning stained-glass windows, this home exudes character. While the exterior could benefit from a fresh coat of paint, the interior has been updated painted, floors, etc. Currently tenant-occupied, this property offers immediate rental income potential, making it a fantastic opportunity for investors. Itâ??s also ideal for owner-occupants looking to live in one unit and rent out the other for extra income. The design allows for multi-generational living with separate spaces for privacy and convenience. Located with easy access to local amenities, schools, and public transportation, this is a rare opportunity to make your vision a reality at this price. During showings, the units are occupied, so please envision the spaces as a blank canvas ready for your personal touch. While the rooms are filled with tenants' belongings, the potential for these units to truly shine is evident once they are vacated. Additionally, buyers have the option to propose renewing the leases with current tenants, ensuring a steady rental income from day one.
**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 spaceThe 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!
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 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. 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. This property must be sold as a part of the 19-unit portfolio; 187 Merrimack Street, MLS#5022061, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Donâ??t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 489 Pine Street, Manchester, NH is an 8-unit multifamily property that includes 4,095 square feet of finished living space. Built-in 1920, this property offers versatility and options for the next owner. Consisting of eight (8) units, one (1)-2 bedroom, 1 bathroom unit, and 7 studio-style units with 1 bathroom each ranging between 250 - 350 sf. Monthly gross rents total $10,210 This property must be sold as a 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 187 Merrimack Street, MLS#5022061. Current Portfolio annual return over 7.25%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Donâ??t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. Part value add, 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. This property must be sold as part of the entire 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Donâ??t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
An outstanding opportunity to invest in 3 multifamily properties in Manchester, NH. This portfolio includes 19 units with a 7%+ CAP return, located at 489 Pine Street, 187 Merrimack St, and 355-357 Merrimack St, Total portfolio gross monthly rents are $25,860, totaling a gross annual income of $311,520. Unit mix = (1) three-bedroom unit, eight (8) two-bedroom units, three (3) one-bedroom units, and seven (7) studio-style units. 489 Pine Street has 8 units, one (1) unit with 2 bedrooms & 1 bathroom, and seven (7) studio units with 1 bathroom each. Monthly gross returns total $10,210. 187 Merrimack St has six (6) units, two (2) - 1 bedroom and 1 bathroom units, and four (4) - 2 bedrooms, 1 bathroom units ranging between 500-1175 Sq ft. Monthly gross returns total $9800. 355-357 Merrimack St has five (5) total units across two (2) buildings/structures on one parcel. 355 is a single-family home detached that offers 3 bedrooms, and 1 bath across 1220 Sq Ft. Monthly gross returns total $7600. 357 Merrimack St, is a four (4) unit structure that has three (3)- 2 bedroom, 1 bath units, and one (1)- one bedroom, one bathroom unit. Take advantage of this opportunity to acquire a substantial multifamily portfolio in Manchester, NH all within 0.5 miles of each other including a unique unit mix. its individual property listing at 489 Pine St MLS#5022062, 187 Merrimack St MLS#5022061, 355-357 Merrimack St MLS#5022063. This property must be sold as a 19-unit portfolio.
Excellent for Investors, Business Owners, and Owner-Occupied. Renovation required. Large two-family home in mixed-use residential area near Elliott Hospital. Building includes a 3-bedroom/1 bathroom main house and a 2-bedroom/1 bathroom attached unit. Currently Vacant, so buyer has full control of rents in a very desirable market. New Certificate of Compliance issued December 2024. New roof and underlayment as of November 2021. High ceilings and lots of windows look out over a large yard. Private driveway off of private way from main road. Two sitting porches (one per unit) with private entrances to each unit. The units share very few walls, boosting privacy and noise reduction. The property and neighborhood provide unique advantages in recreation, services, privacy, and logistics: Easy access to highways (101 and 93 under one mile) and local points of interest (retail/shopping on South Willow Street, dining, nightlife, city services on Elm Streetâ??both less than two miles away). Lake Massabesic is just 3 miles away, via nearby Rockingham Recreational Trail. Active neighborhood with a "Very Walkable" rating on WalkScore (71). Overall, this property is an opportunity to own a high-quality income-generating asset in one of Manchester's best-connected neighborhoods. Property abuts several non-conforming lots and also abuts a B-2 General Business zone. Adaptability and flexibility are both high for this property, with variance.
Outstanding well built brick building with 5 units, plenty of off street parking, and an extra lot. Centrally located within walking distance to everything you would want! 1 unit was commercial, can convert to 3 bedroom.
SPACIOUS 3 FAMILY, 9 bedrms total; 5 GARAGES + parking. 1ST FLOOR, 3-bedrm apt,remodeled recently,$2,000. month, 1 yr lease till Oct '25; 2nd floor, 4-bdrms, remodeled 2 yrs ago, vinyl plank flooring. $2200. month; 3rd floor, 2 bedrms, w/ long-term tenant, $940. mon..; TAW w/60-day notice. Tenants pay own gas heat & utilities; private side porches. 5 garages are vacant now, can rent for $50.mon.each minimum. Showings by appointment only, assisted, 24 hr notice with tenants; 3 blocks to CMC Hospital, corner lot.
Manchester is located in New Hampshire. Manchester, New Hampshire has a population of 114,730. Manchester is less family-centric than the surrounding county with 24.45% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Manchester, New Hampshire is $66,929. The median household income for the surrounding county is $86,930 compared to the national median of $69,021. The median age of people living in Manchester is 36.9 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 44 inches per year, with 58.1 inches of snow per year.
