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$760,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Units
  • 0.12 Acres
See This Home
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Fantastic Investment Opportunity with this Legal 5-Unit Multifamily. Discover the potential in this well-maintained 5-family property, offering a strong unit mix with two 1-bedroom units (units 2 and 4), two 2-bedroom units (units 1 and 4), and one 3-bedroom unit (unit 3). Built in 1910, this building blends historic character with essential modern updates. Previously utilized for city supportive housing, the property is compliant with two egresses for every unit, a sprinkler system, and a current Certificate of Compliance (COC) in process to be delivered at closing. Systems and structure have been responsibly maintained, providing a solid foundation for continued rental income or future value-add improvements. "As-is" sale, Parking in the alley behind the building, public parking on street in front of building. A rare chance to acquire a compliant, income-producing multifamily in a convenient location. Ideal for seasoned investors or those looking to expand their portfolio.

Full Property Details for 194 Spruce St

General

  • Sold For: $760,000
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5074460
  • Added to Site: 123 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • 3/4 Bathrooms: 4

Location

  • County: Hillsborough

School Information

  • School District: Manchester Sch Dst SAU #37
  • Elementary School: Beech Street School
  • Middle School: McLaughlin Middle School
  • High School: Central High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Forced Air
  • Furnaces: 2
  • Water Heaters: 1

Utilities

  • Sewer: Public

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Stories/Levels: 3
  • Finished Total: 3,579 Sq. Ft.
  • Finished Above Grnd: 3,579 Sq. Ft.
  • Year Built: 1910

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 2
  • 3 Bedroom Units: 1
  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5

Unit 1

  • Square Feet: 790
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 532
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Square Feet: 574
  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Frontage: Yes Road Frontage
  • Frontage Feet: 50
  • Driveway/Sidewalk: Paved
  • Zoning: residential

Financial Considerations

  • Price Per Sq. Ft.: $195.59
  • Assessment Year: 2024
  • Assessment Amount: $397,900

Disclosures and Reports

  • Lot Number: 15

Listed by Keller Williams Realty-Metropolitan, Beth Decato
Sold by Keller Williams Realty-Metropolitan, Beth. Decato

Listed by Keller Williams Realty-Metropolitan, Beth Decato
Sold by Keller Williams Realty-Metropolitan, Beth. Decato

Listing agent

— 194 Spruce St —

  • Beth Decato

    Keller Williams Realty-Metropolitan

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 194 Spruce St

School District:Manchester School District
NameGradesDistance
Beech Street School
333 Beech Street, Manchester, NH 03103
K-50.2 mi
Henry J. Mclaughlin Middle School
201 Jack Lovering Drive, Manchester, NH 03109
6-82.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 194 Spruce St

Date
Details
Price
Change
Source
4/06/2026
Sold
$760,000
8.57%
MLS
1/20/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty-Metropolitan, Beth Decato
Sold by Keller Williams Realty-Metropolitan, Beth. Decato

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194 Spruce Street, Manchester, NH 03103 (MLS# 5074460) is a Multi-Family property that was sold at $760,000 on April 06, 2026. Want to learn more about 194 Spruce Street? Do you have questions about finding other Multi-Family real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.