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514 Hanover Street, Manchester, NH 03104

$1,325,000
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New to the Market Active
BEDS10 BATHS8 full SQUARE FEET6,289 MLS#5101368
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLManchester Sch Dst SAU #37

Listing Courtesy of: Galactic Realty Group LLC
Agency Phone: 603-637-4818
Associate Name: Matthew Brown
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Property Description

Turn-key 5-unit multifamily investment opportunity located atop Manchester's prestigious 'Hanover Hill. This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.

514 Hanover Street | MLS# 5101368

This multi-family property located at 514 Hanover Street, Manchester, NH 03104 is currently listed for sale with an asking price of $1,325,000. Hanover Street is located within the Manchester Sch Dst SAU #37 school district. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete, Interior Access, Basement Stairs
Cooling: Mini Split
Heating: Natural Gas, Baseboard
Home Style: Multi-Family
Lot Size: 0.39 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $10,751
Year Built: 1910

Units

Unit 1:
Bathroom(s): 3
Bedrooms: 4
Rent: $2825.00
Unit 2:
Bathroom(s): 2
Bedrooms: 2
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1460.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1600.00
Unit 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $1740.00

Feature Descriptions

Color: Blue
Construction: Vinyl Exterior
Construction Status: Existing
Days on Site: 1
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Vinyl Exterior
Flood Zone: No
Foundation: Granite
Foundation: Granite
Lot: Landscaped
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 6289
Total Stories: 3
Units: 5
Water: Public
Zoning: MX-1

Local Schools

High School: Central High School
Middle School: Hillside Middle School
Elementary School: McDonough School
School District: Manchester Sch Dst SAU #37

Listed By / Shown By

Listed By

Agency Name: Galactic Realty Group LLC
Agent Name: Matthew Brown
Agency Phone: 603-637-4818

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Estimated Payment

$ 4,231.25 per month $2,948.88 Principal & Interest $895.92 Property Tax $386.46 Homeowner's Insurance

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