Manchester NH Multi Family 550,000

$550,000 | $125 per sq.ft. A 3 Unit Multi Family Home, in Manchester NH With 3 - Three Bedroom Units MLS# 5104700

Listed by Virginia Kazlouskas GregoryHarmony R.E. Inc. on August 12th 2026

DESCRIPTION

Welcome to 43 S Elm St in Manchester! This spacious three family property offers an excellent opportunity for an owner occupant or investor looking to add value in a convenient Manchester location. With approximately 4,386 square feet, the property features three 3 bedroom, 1 bath units, six parking spaces, and a full basement providing valuable storage. The first floor is currently vacant, offering flexibility for an owner occupant or an opportunity to prepare the unit for a new tenant. The second and third floor units provide additional rental potential, making this an appealing opportunity for those looking to enter or expand their multifamily portfolio. The three bedroom layouts offer desirable flexibility, while six parking spaces provide a valuable amenity in an urban setting. The property needs some updating, however it provides an opportunity to make improvements and add value over time. A brand new roof is already installed, giving the next owner peace of mind. Located near Downtown Manchester, this property offers convenient access to restaurants, shopping, entertainment, employment centers, major commuter routes, SNHU Arena, the Palace Theatre, and the many amenities Manchester has to offer. The location provides an excellent combination of urban convenience and accessibility throughout Southern New Hampshire. Whether you're looking for an opportunity to occupy one unit while generating rental income from the others or seeking a three unit property to add to your investment portfolio, 43 S Elm St offers space, parking, income potential, and the opportunity to bring your vision to life. Open House Saturday & Sunday 1-3PM.

To see this Listing

UNIT 1 INFORMATION Beds: 3 Baths: 1 Rooms: 6 Sq.Ft.: 1462 Level: 1 Info : Electric Range,Refrigerator Lease Term : Other Signed Lease : No Status : Vacant	UNIT 2 INFORMATION Beds: 3 Baths: 0 Rooms: 6 Sq.Ft.: 1462 Level: 2 Info : Electric Range,Refrigerator Tenant Pays : All Utilities Rent : 1900.00 Monthly Lease Term : Month to Month Signed Lease : No	UNIT 3 INFORMATION Beds: 3 Baths: 1 Rooms: 6 Sq.Ft.: 1462 Level: 3 Style : Apartment Info : Electric Range,Refrigerator Tenant Pays : All Utilities Lease Term : Owner Occupied Signed Lease : No Status : Owner Occu

CONSTRUCTION

Vinyl Siding | Exterior Color Blue | Year Built: 1940

No. of Floors:3
Total Sq.Ft. Finished: 4386
Above Grade Sq.Ft.: 4386
Apx Below Grade Unfinished Sq.Ft.: 1462
Price Per SQ.FT. 125.40
Basement: Concrete Floor | Full | Storage Space | Unfinished | Basement Stairs
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available | Telephone Available
Electric Meters: 3

Style: Apartment Building | Multi-Family
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Level
Lot size: 0.16 acres
Zoned: RES
Surveyed: Unk
Flood Zone: No
Road Frontage: 50
Driveway: Paved

PROPERTY INFORMATION

Taxes $9,041

AREA INFORMATION

School District: Manchester Sch Dst SAU #37
Elementary School: Bakersville School
Middle School: Southside Middle School
High School: Manchester Memorial High Sch