Manchester NH
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$1,375,000 | $165 per sq.ft.
Number of Units 6 Total Sq. Ft. 8310 | Acres: 0.15 |
Excellent investment opportunity! This well-maintained 6-unit multifamily property generates approximately $10,300 in monthly gross income and is fully occupied. Each spacious unit features 4 bedrooms, 1 bathroom, washer and dryer hookups, a refrigerator, a gas or electric range. Four units have a private deck. Some bedrooms without closet. Tenants pay their own electricity and hot water, while the owner pays heat, water and sewer. Additional features include off-street parking for 7 vehicles, 5 storage units and two forced hot water heating systems in the basement. The Certificate of Compliance (COC) is current. Carefully managed and maintained by the same owners for over 22 years, this property offers a strong rental history and a turnkey investment opportunity. See
MLS Property & Listing Details & 15 images.
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$1,399,999 | $317 per sq.ft.
Number of Units 6 Total Sq. Ft. 4413 | Acres: 0.13 |
Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest. See
MLS Property & Listing Details & 17 images.
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Under Contract
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$1,440,000 | $164 per sq.ft.
Number of Units 9 Total Sq. Ft. 8786 | Acres: 0.12 |
51 Ash Street consists of nine (9) one-bedroom apartments, including six (6) spacious four-room units and three (3) three-room one-bedroom units. The generous footprint of the four-room apartments creates meaningful flexibility for ownership: these units can be repositioned as two-bedroom apartments to capture additional rental income or maintained as oversized one-bedroom homes that stand apart from competing product in the submarket. Recent improvements include new vinyl siding, new windows, new electrical panels and new decks and porches, reducing near-term capital exposure for a new owner. The property is currently served by a central oil-fired forced hot water heating system and can be converted to natural gas--offering a clear path to significant heating cost savings and improved net operating income. Additional upside exists in the open area at the rear of the building, which presents the possibility of adding on-site parking, a premium amenity in this walkable, parking-constrained neighborhood. The asset is offered at an asking price of $1,440,000 ($160,000/unit), which equates to a going-in Cap Rate of 6.5% and a pro-forma cap of 8.10%. The combination of an irreplaceable location, multiple value-add levers, and Manchester's strong rental fundamentals makes 51 Ash Street a compelling acquisition for investors seeking in place income with significant future upside. See
MLS Property & Listing Details & 13 images.
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$1,650,000 | $228 per sq.ft.
Price Change! reduced by $75,000 down 5% on June 30th 2026
Number of Units 9 Total Sq. Ft. 8500 | Acres: 0.21 |
Well-maintained 9-unit multifamily portfolio located on the East Side of Manchester, consisting of three adjacent 3-unit buildings at 377, 379, and 383 Manchester Street. The portfolio includes six 1-bedroom units and three 2-bedroom units, all with functional layouts. Interiors across the units are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The properties feature approximately 9-10 off-street parking spaces across a contiguous lot, along with additional street parking. 383 Manchester Street benefits from parking via an easement with the adjacent 379 Manchester Street. Current rents are approximately $1,325-$1,475/month for the 1-bedroom units and ~$1,750/month for the 2-bedroom units, generating a combined ~$163K/year in gross income and an estimated ~$105K in net operating income. This portfolio offers investors the ability to acquire scale within a single location, with operational efficiencies, strong in-place income, and long-term upside through rent growth and continued management improvements. See
MLS Property & Listing Details & 60 images.
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$1,795,000 | $244 per sq.ft.
New Listing!
Number of Units 9 Total Sq. Ft. 7356 | Acres: 0.11 |
Excellent 9-unit multifamily investment opportunity in Manchester consisting entirely of spacious 2- and 3-bedroom apartments. The property generates strong rental income, with current rents averaging approximately $1,900/month for 2-bedroom units and $2,500/month for 3-bedroom units. Several units have recently been turned with modest updates, providing a clean, attractive product while maintaining an opportunity for a new owner to continue improving the property and increasing rents over time. The landlord pays for natural gas heat, hot water, and water/sewer. The property is heated by a natural gas boiler, which also provides hot water to three units, while the remaining six units are served by three electric water heaters. Tenants are responsible for their own electricity. The property offers approximately five off-street parking spaces, with additional street parking available in the surrounding neighborhood. Pro forma rents are approximately $229K/year, with pro forma NOI of approximately $149K/year, representing an 8.3% cap rate at the asking price. This is a strong opportunity to acquire a well-located, income-producing multifamily property with a solid unit mix, strong rental income, and additional long-term upside. See
MLS Property & Listing Details & 9 images.
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$1,899,900 | $175 per sq.ft.
Price Change! reduced by $100,100 down 5% on June 14th 2026
Number of Units 9 Total Sq. Ft. 11120 | Acres: 0.36 |
Back on market due to previous buyer was unable to secure financing.This 9-unit residential building strikes a solid b the alance between cash flow, efficiency, and long-term value making it a prime opportunity for investors looking for a dependable income property. The building offers a practical mix of layouts: three 4-bedroom/1-bathroom units and six 3-bedroom/1-bathroom units. The layouts are efficiently designed with good natural light, and each unit includes washer and dryer hookups for added tenant convenience. The unit mix appeals to a broad range of renters, supporting consistent occupancy. For investors, the numbers speak for themselves: a diverse unit mix, low-maintenance layout, and strong tenant demand add up to a property built for steady, reliable returns well into the future. See
MLS Property & Listing Details & 49 images.
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$2,295,000 | $225 per sq.ft.
Number of Units 9 Total Sq. Ft. 10215 | Acres: 0.12 |
Welcome to 269-273 Cedar Street, Manchester, an opportunity to acquire a fully leased 9-unit multifamily property with a high bedroom count, strong in-place rental income and low operating expenses. The property consists of six four-bedroom apartments and three three-bedroom apartments, offering an attractive unit mix that appeals to a broad tenant base and supports strong cash flow. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize operating expenses. The property's current Certificate of Occupancy is valid through May 15, 2028, providing added value and peace of mind for the next owner. . See
MLS Property & Listing Details & 19 images.
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