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412 Manchester Street, Manchester, NH 03103

$925,000
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Active
BEDS12 BATHS4 full SQUARE FEET4,000 MLS#5086869
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Downtown Realty
Agency Phone: 603-554-2309
Associate Name: Matthew Lefebvre
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Property Description

Great opportunity to own a large, clean, fully renovated four-unit building near Manchester's Hanover Hill neighborhood. This turnkey investment has been thoughtfully updated by the current owner with quality upgrades and modern finishes, making it ideal for both seasoned investors and owner-occupants. The building had a complete roof replacement and new asphalt paving laid in 2019, followed by new blown-in insulation installed throughout, two new forced air furnaces with new ducting, and four Rinnai on-demand water heaters installed in 2021, greatly increasing the building's energy efficiency and comfort. The two first-floor units are generously sized two-bedroom/one-bathroom apartments while the upper two floors are massive four-bedroom townhouse-style apartments. Every unit includes updated kitchens with newer appliances and clean white cabinetry, renovated bathrooms with modern fixtures, and washer and dryer hookups for added convenience. The interiors feature vinyl plank flooring, neutral tones, and bright, sun-filled living spaces. All units are separately metered, and tenants are responsible for their own utilities, offering strong cash flow potential and lower operating costs. All electrical panels have been recently upgraded too. With plenty of off-street parking, large clean units, and no major capital expenditures on the horizon, this property is ready to generate income from day one.

412 Manchester Street | MLS# 5086869

This multi-family property located at 412 Manchester Street, Manchester, NH 03103 is currently listed for sale with an asking price of $925,000. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Natural Gas, Direct Vent, Forced Air
Home Style: Multi-Family
Lot Size: 0.15 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $8,425
Year Built: 1915

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1700.00
Unit 2:
Bathroom(s): 1
Bedrooms: 4
Rent: $1850.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1550.00
Unit 4:
Bathroom(s): 1
Bedrooms: 4
Rent: $2450.00

Feature Descriptions

Color: Pale
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 30
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: Unknown
Foundation: Fieldstone, Stone
Foundation: Fieldstone, Stone
Lot: City Lot, Near Shopping, Near Hospital, Near School(s)
Parking: Off Street, Paved
Roads: Paved, Public, Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 4000
Total Stories: 3
Units: 4
Water: Public
Water View: No
Zoning: R3

Listed By / Shown By

Listed By

Agency Name: Downtown Realty
Agent Name: Matthew Lefebvre
Agency Phone: 603-554-2309

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Estimated Payment

$ 3,030.52 per month $2,058.65 Principal & Interest $702.08 Property Tax $269.79 Homeowner's Insurance

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