Price Change! reduced by $149,000 down 11% on March 15th 2026
$1,350,000 | $111 per sq.ft.
A
8
Unit Multi Family Home, in Manchester NH
With 2 - Three Bedroom Units MLS# 5074487
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Listed by Joan BlaisBHHS Verani Londonderry joan.blais@verani.com
on January 19th 2026
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DESCRIPTION
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Superb westside location! 8-units: (2) 3-bedrm apts, 1 is brand new, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat, hot water. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units, mostly remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for salon, restaurant, commercial kitchen, ethnic or variety shop, offices, or any type business. Brick and aluminum siding. (6 Commercial present units are laundromat, pasta- catering/bakery, church, Karate/gym,plus 2 available). A good investment! 7+% Cap rate on $106+K net. Lots of value add! Nice open area near St Mary's Church.
Gross Income : $154380
Net Income: $
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UNIT 1 INFORMATION
Beds: 3Baths: 1Rooms: 5Sq.Ft.: 1293Level: 2nd floorTenant Pays : ElectricRent : 2300.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 3Baths: 1Rooms: 5Sq.Ft.: 1293Level: 3rd floorTenant Pays : Electric,Heat,Hot WaterRent : 2200.00 MonthlyLease Term : Annual Signed Lease : Yes
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CONSTRUCTION
Wood Frame | Masonite Exterior | Exterior Color brick,red | Year Built: 1880
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No. of Floors:3
Total Sq.Ft. Finished: 12208
Above Grade Sq.Ft.: 12208
Apx Below Grade Unfinished Sq.Ft.: 3651
Price Per SQ.FT. 110.58
Basement: Partially Finished
Foundation size 100x98.
Heating: Natural Gas
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters: 8
Gas_Meters: 8
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Style: Garden
Roof: Tar and Gravel
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: Neighbor Business
Lot size: 0.25 acres
Zoned: comm
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: None
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PROPERTY INFORMATION
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Docs Available : Deed | Property Disclosure
Taxes $16,150
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AREA INFORMATION
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School District: Manchester Sch Dst SAU #37
High School: Manchester West High School
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