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Under Contract MANCHESTER NH Multi Family for sale $$699,900 | $156 per sq.ft.

$699,900 | $156 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE
Price Change! reduced by $10,000 down 1% on December 12th 2024

Number of Units 3   Total Sq. Ft. 4485  |  Acres: 0.12
Large West Side Three-Family in Rimmon Heights. Each unit is 1,495 sq. ft. and has 3-4 bedrooms, laundry hookups and two private decks! All units are separately metered for natural gas (heat and hot water) and electric. The second and third floor units have been recently updated and are vacant, perfect for potential owner-occupants. Features of the updated units include: refinished hardwood floors, fresh paint, light fixtures, carpet, mini blinds, sinks, bathroom vanities, toilets, refrigerators and ranges. The building received new vinyl siding and a new Rinnai heater on the third floor in October 2024. Gross rents are estimated at around $80,000 annually if fully occupied. The basement is dry and houses the furnace, hot water heaters and electrical panels, with ample extra storage space. Off-street parking accommodates 3-5 cars, and there's a 1-bay garage currently being used for storage. Application for COC is in-process. See MLS Property & Listing Details & 42 images.

MANCHESTER NH Multi Family for sale $$800,000 | $150 per sq.ft.

$800,000 | $150 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 3   Total Sq. Ft. 5322  |  Acres: 0.15
Back on the Market! Buyer's financing fell through. This centrally located three-family property in the heart of Manchester presents a prime opportunity for both owner-occupants and investors. Multi-family properties like this are an excellent strategy for those looking to build equity and generate steady income. Each of the three expansive units spans over 1,700 sq. ft., featuring an identical, spacious floor plan with four bedrooms, one bathroom, a fully equipped kitchen, and a dedicated laundry room complete with washer and dryer. All units have been meticulously updated within the past three years, ensuring a modern and well-maintained interior for tenants. Currently, each unit is leased with tenants covering all utilities, including heat, hot water, and electricity. This property has a solid rental history, delivering reliable cash flow, and is fully compliant with current market demands. Photographs were taken post-renovation and before tenant occupancy, capturing the quality and condition of the units. A quick closing is possible, making this property an ideal acquisition for buyers seeking a seamless investment in a desirable, high-demand area. Please note a minimum of 24 hours notice is required for showing. See MLS Property & Listing Details & 60 images.

MANCHESTER NH Multi Family for sale $$829,000 | $195 per sq.ft.

$829,000 | $195 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 4   Total Sq. Ft. 4244  |  Acres: 0.15
2 Bedroom, 1 Bath unit available for owner occupancy! Let your investment buy you your own home, walking distance to downtown and its amenities! Beautifully remodeled with quartz countertops, including a 3B, 1.5 BA Luxurious "Owner's unit" on first floor. Great downtown location, in the C-1 zone, rare parking ratio in this zone, with 5 offstreet paved spaces. Property can be delivered with one unit vacant for owner occupancy - 2 bed, 1 bath oversized unit. Features: High-end finishes, including LVP flooring, custom stone countertops, and stainless steel appliances, and keyless entry to common hallway and each unit. 5 off-street parking spaces, full remodel on 3 units and common hallways, and a heavily upgraded 3 bed 2 bath "owner's" unit with laundry in unit. Value add options: Coin-Op (hookups in place). Renovate 4th unit. Enclosed storage. One unit priced substantially under market. Add common hallway storage area. Can be purchased separately or in conjunction with 637 Harvard St, 159 Auburn St, and/or 57-59 Laurel St. Agent interest. Minimum 24 hour notice to show, prefer 48 hours. See MLS Property & Listing Details & 21 images.

Under Contract MANCHESTER NH Multi Family for sale $$850,000 | $175 per sq.ft.

$850,000 | $175 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 3   Total Sq. Ft. 4853  |  Acres: 0.12
This unique property features a single-family home, a townhouse, and a garden-style unit, making it a standout investment opportunity. This newly renovated 3-unit multifamily home is ready for its next owner! With updates throughout--including a new roof, siding, windows, heating systems, electrical, plumbing, and brand-new kitchens, flooring, paint, and fixtures--this property is in excellent condition. Each unit boasts a generous number of bedrooms, ideal for large families or maximizing rental income. Whether you're an investor seeking a turnkey property or a buyer with rental potential in mind, this property offers great flexibility. Located in a prime Manchester neighborhood, close to shopping, dining, and major routes, it's move-in ready and waiting for you. Don't miss out--schedule your showing today! See MLS Property & Listing Details & 60 images.

MANCHESTER NH Multi Family for sale $$895,000 | $175 per sq.ft.

$895,000 | $175 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 5   Total Sq. Ft. 5114  |  Acres: 0.31
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. See MLS Property & Listing Details & 8 images.

MANCHESTER NH Multi Family for sale $$899,000 | $182 per sq.ft.

$899,000 | $182 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE
Price Change! reduced by $76,000 down 8% on January 6th 2025

Number of Units 5   Total Sq. Ft. 4946  |  Acres: 0.09
**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 space The 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! See MLS Property & Listing Details & 20 images. Includes a Virtual Tour

MANCHESTER NH Multi Family for sale $$1,095,000 | $278 per sq.ft.

$1,095,000 | $278 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 12   Total Sq. Ft. 3934  |  Acres: 0.12
Welcome to 52 Myrtle Street located in Manchester, NH. This brick 12-unit building is comprised of 4 traditional studio apartments with private bathrooms and 8 single room rentals with 3 shared bathrooms. Gut renovated in 2011, the building is fully-sprinklered, equipped with a 24/7 security monitoring system, and has been carefully maintained by the same owner for over 14 years. Heat, hot water, electricity, and wi-fi are all included in rent which is paid monthly by all tenants. The building is heated by one boiler system with radiator units throughout. Tenants enjoy the clean, well-kept, card-operated laundry facilities on site. A block away from Manchester's bustling Elm Street, residents are minutes from restaurants, grocery stores, retail shops, a variety of local businesses, and a short drive from I-293. Financials are available upon request. See MLS Property & Listing Details & 28 images.

MANCHESTER NH Multi Family for sale $$3,049,900 | $249 per sq.ft.

$3,049,900 | $249 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 19   Total Sq. Ft. 12271  |  Acres: 0.4
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. See MLS Property & Listing Details & 25 images.

MANCHESTER NH Multi Family for sale $$3,049,900 | $692 per sq.ft.

$3,049,900 | $692 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 6   Total Sq. Ft. 4410  |  Acres: 0.16
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. Don't miss your chance to own this income-generating Multi-family portfolio in Manchester, NH! See MLS Property & Listing Details & 14 images.

MANCHESTER NH Multi Family for sale $$3,049,900 | $745 per sq.ft.

$3,049,900 | $745 per sq.ft. MANCHESTER NH MULTI FAMILY FOR SALE

Number of Units 8   Total Sq. Ft. 4095  |  Acres: 0.11
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%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don't miss your chance to own this income-generating Multi-family portfolio in Manchester, NH! See MLS Property & Listing Details & 12 images.