Estimated payment $3,542/month
Total Views
4,353
6
Beds
4
Baths
3,638
Sq Ft
$151
Price per Sq Ft
Highlights
- 2 Car Detached Garage
- Level Lot
- Carpet
- Forced Air Heating System
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,540
Year Built
- Built in 1890
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Off-Street Parking
- 6 to 12 Parking Spaces
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Slate Roof
Interior Spaces
- 3,638 Sq Ft Home
- Property has 2 Levels
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Schools
- Mcdonough Elementary School
- Hillside Middle School
- Manchester Central High Sch
Utilities
- Forced Air Heating System
- Separate Meters
Listing and Financial Details
- Tax Lot 53
- Assessor Parcel Number 113
Community Details
Overview
- 4 Units
Building Details
- 1 Leased Unit
- Gross Income $84,000
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Home Values in the Area
Average Home Value in this Area
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 | $6,540 | $334,000 | $83,800 | $250,200 |
| 2023 | $6,299 | $334,000 | $83,800 | $250,200 |
| 2022 | $6,092 | $334,000 | $83,800 | $250,200 |
| 2021 | $5,905 | $334,000 | $83,800 | $250,200 |
| 2020 | $6,848 | $277,700 | $76,700 | $201,000 |
| 2019 | $6,754 | $277,700 | $76,700 | $201,000 |
| 2018 | $6,576 | $277,700 | $76,700 | $201,000 |
| 2017 | $6,476 | $277,700 | $76,700 | $201,000 |
| 2016 | $6,426 | $277,700 | $76,700 | $201,000 |
| 2015 | $7,095 | $302,700 | $76,700 | $226,000 |
| 2014 | $7,113 | $302,700 | $76,700 | $226,000 |
| 2013 | $6,862 | $302,700 | $76,700 | $226,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $550,000 | -- | $151 / Sq Ft |
Source: PrimeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $517,000 | -- | |
| Not Resolvable | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $440,000 | Commercial | |
| Closed | $413,600 | Commercial | |
| Previous Owner | $500,000 | Commercial |
Source: Public Records
Similar Homes in Manchester, NH
Source: PrimeMLS
MLS Number: 5049386
APN: MNCH-000113-000000-000053
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