Price Change! reduced by $55,000 down 3% on May 26th 2026
$1,595,000 | $295 per sq.ft.
A
9
Unit Multi Family Home, in Manchester NH
With 7 - One Bedroom Units | 2 - Two Bedroom Units MLS# 5085181
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Listed by Matthew LefebvreDowntown Realty on April 23rd 2026
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DESCRIPTION
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Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated units--seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including several new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, over-improved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public garage under construction directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester's most desirable rental locations.
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UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 1Tenant Pays : Electric,HeatRent : 1415.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 2Tenant Pays : Electric,HeatRent : 1440.00 MonthlyLease Term : Annual Signed Lease : Yes
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UNIT 3 INFORMATION
Beds: 2Baths: 1Level: 3Tenant Pays : Electric,HeatRent : 1760.00 MonthlyLease Term : Other Signed Lease : No Status : Vacant
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UNIT 4 INFORMATION
Beds: 1Baths: 1Level: 1Tenant Pays : Electric,HeatRent : 1410.00 MonthlyLease Term : Annual Status : Leased
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UNIT 5 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 2Tenant Pays : Electric,HeatRent : 1350.00 MonthlyLease Term : Annual Signed Lease : Yes
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UNIT 6 INFORMATION
Beds: 1Baths: 1Tenant Pays : Electric,HeatRent : 1350.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 7 INFORMATION
Beds: 1Baths: 1Tenant Pays : Electric,HeatRent : 1300.00
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UNIT 8 INFORMATION
Beds: 2Baths: 1Rooms: 0Tenant Pays : Electric,HeatRent : 1475 Signed Lease : Yes
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CONSTRUCTION
Wood Frame | Brick Exterior | Exterior Color Brick | Year Built: 1900
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No. of Floors:3
Total Sq.Ft. Finished: 5400
Above Grade Sq.Ft.: 5400
Apx Below Grade Unfinished Sq.Ft.: 1800
Price Per SQ.FT. 295.37
Basement: Concrete Floor | Full | Partially Finished
Heating: Natural Gas | Gas Heater
Cooling: Wall AC Units
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 10
Gas_Meters: 9
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Style: Multi-Family
Roof: Flat | Membrane
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
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Lot Description: City Lot | Level
Lot size: 0.15 acres
Zoned: R3
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 33
Driveway: Paved
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PROPERTY INFORMATION
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Taxes $16,016
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AREA INFORMATION
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