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Ken Stempler

ken@trilogyrealty.group +1(603) 759-3433

Listed by Nick Gray • Gray Property Group, LLC

$ 555,000

Est. payment | -/mo

2,498 SqFt

Save

$ 555,000

Est. payment | -/mo

Save

2,498 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,498 sqft

Price per Sqft $222

MLS Listing ID 5082076

Construction Status Existing

Year Built 1898

Annual Tax Amount $6,604

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. The interiors 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 property offers off-street parking for 3 vehicles, along with additional street parking. Current rents are ~$1,430 per unit per month, generating ~$52K/year in gross income and an estimated ~$32K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 377 and 383 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning MX-2

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Unfinished

Interior

Cooling None

Flooring Carpet, Vinyl Plank

Exterior

Utilities Available Cable, Gas at Street

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Tar and Gravel

Building

Story 3

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(603) 759-3433

ken@trilogyrealty.group

Learn More About LPT Realty

379 Manchester ST Manchester, NH 03103