Seller's Agent in 2025
Ryan Whalen
East Key Realty
(603) 809-0101
2 in this area
32 Total Sales
340 Spruce St Manchester, NH 03103
Kalivas-Union Neighborhood
--
Bed
--
Bath
3,936
Sq Ft
5,227
Sq Ft Lot
About This Home
As of September 20253-Family in Manchester with Major Updates & Investment Upside!
This well-maintained 3-family property features two spacious 3-bedroom units and one 2-bedroom unit, making it ideal for investors. Off-street parking for 4+ vehicles, separate utilities, and a 5-year-old metal roof add to its long-term durability and appeal.
The first-floor unit has been fully renovated originally to be owner occupied by the owner. Renovations include new cabinets, granite countertops, new sheetrock, updated vinyl flooring, new appliances, and a completely remodeled bathroom with new shower surround, sink, and vanity. A new water heater, newer furnace, and keyless entry locks on all doors offer added convenience and energy efficiency.
Additionally, a new porch was professionally installed last year for the third-floor unit. With rents currently below market, there is significant room for income growth, making this a strong cash-flow opportunity in a desirable rental market.
Don’t miss this chance to own a low-maintenance, income-generating property with major upgrades already completed!
Last Agent to Sell the Property
East Key Realty Brokerage Phone: 603-809-0101 License #072191 Listed on: 07/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,874
Year Built
- Built in 1885
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Wood Frame Construction
- Metal Roof
- Asbestos Siding
Interior Spaces
- Property has 3 Levels
- Basement
- Interior Basement Entry
Parking
- Shared Driveway
- Paved Parking
Location
- City Lot
Utilities
- Forced Air Heating System
- Separate Meters
- Cable TV Available
Community Details
- 3 Units
- Gross Income $60,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2021
Closed on
Jun 15, 2021
Sold by
Hillsdale College
Bought by
Meyer Christopher J and Lafuze Margaret A
Seller's Agent
Susan Smart
East Key Realty
Buyer's Agent
Ryan Whalen
East Key Realty
List Price
$374,900
Sold Price
$404,000
Premium/Discount to List
$29,100
7.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$396,682
Outstanding Balance
$360,707
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$267,233
Purchase Details
Closed on
Dec 23, 2008
Sold by
Peloquin Pierre J
Bought by
Conway Paul E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2008
Sold by
Hsbc Bank Usa
Bought by
Peloquin Pierre J
Purchase Details
Closed on
Jun 9, 2008
Sold by
Arias Arianny B
Bought by
Nomura Asset Acceptanc
Purchase Details
Closed on
Apr 3, 2006
Sold by
Bournival Andre R
Bought by
Arias Arianny B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $404,000 | None Available | |
| Deed | $215,500 | -- | |
| Deed | $159,000 | -- | |
| Deed | $249,300 | -- | |
| Deed | $287,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $396,682 | FHA | |
| Previous Owner | $172,400 | Purchase Money Mortgage | |
| Previous Owner | $229,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $625,000 | -2.2% | $159 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $639,000 | +58.2% | $162 / Sq Ft |
| 06/15/2021 06/15/21 | Sold | $404,000 | +7.8% | $103 / Sq Ft |
| 06/09/2021 06/09/21 | Price Changed | $374,900 | 0.0% | $95 / Sq Ft |
| 05/08/2021 05/08/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $374,900 | -- | $95 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,137 | $364,500 | $84,600 | $279,900 |
| 2023 | $6,874 | $364,500 | $84,600 | $279,900 |
| 2022 | $6,648 | $364,500 | $84,600 | $279,900 |
| 2021 | $6,444 | $364,500 | $84,600 | $279,900 |
| 2020 | $5,571 | $225,900 | $58,300 | $167,600 |
| 2019 | $5,494 | $225,900 | $58,300 | $167,600 |
| 2018 | $5,349 | $225,900 | $58,300 | $167,600 |
| 2017 | $5,268 | $225,900 | $58,300 | $167,600 |
| 2016 | $5,227 | $225,900 | $58,300 | $167,600 |
| 2015 | $5,103 | $217,700 | $58,300 | $159,400 |
| 2014 | $5,116 | $217,700 | $58,300 | $159,400 |
| 2013 | $4,935 | $217,700 | $58,300 | $159,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Whalen
-
Brian Gentile
Buyer's Agent in 2025
Brian Gentile
BHHS Verani Londonderry
(603) 845-2500
2 in this area
58 Total Sales
-
Susan Smart
S
Seller's Agent in 2021
Susan Smart
East Key Realty
(603) 860-0665
2 in this area
33 Total Sales
Map
Source: PrimeMLS
MLS Number: 5052971
APN: MNCH-000065-000000-000021
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