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$625,000
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Property Description
3-Family in Manchester with Major Updates & Investment Upside! This well-maintained 3-family property features two spacious 3-bedroom units and one 2-bedroom unit, making it ideal for investors. Off-street parking for 4+ vehicles, separate utilities, and a 5-year-old metal roof add to its long-term durability and appeal. The first-floor unit has been fully renovated originally to be owner occupied by the owner. Renovations include new cabinets, granite countertops, new sheetrock, updated vinyl flooring, new appliances, and a completely remodeled bathroom with new shower surround, sink, and vanity. A new water heater, newer furnace, and keyless entry locks on all doors offer added convenience and energy efficiency. Additionally, a new porch was professionally installed last year for the third-floor unit. With rents currently below market, there is significant room for income growth, making this a strong cash-flow opportunity in a desirable rental market. Don't miss this chance to own a low-maintenance, income-generating property with major upgrades already completed!
Full Property Details
Full Property Details for 340 Spruce St
General
- Sold For: $625,000
- Taxes: $6,874 (2023)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5052971
- Added to Site: 178 day(s) ago
Rental Information
- Lease Terms: Unit3=Month to Month,
Location
- County: Hillsborough
Heating & Cooling
- Cooling Type: Wall AC Units
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public
- Separate Meters: Yes
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Storage Space
- Roof: Metal
- Stories/Levels: 3
- Finished Total: 3,936 Sq. Ft.
- Finished Above Grnd: 3,936 Sq. Ft.
- Year Built: 1885
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Frontage: TBD
- Driveway/Sidewalk: Common/Shared, Paved
- Zoning: Residential
Financial Considerations
- Price Per Sq. Ft.: $162.35
- Tax Amount: $6,874
- Tax Year: 2023
Listed by East Key Realty, Ryan Whalen
Sold by BHHS Verani Londonderry, Brian. Gentile
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Schools
Schools serving 340 Spruce St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Henry Wilson Elementary School 555 Cedar Street, Manchester, NH 03103 | K-5 | 0.1 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 0.8 mi |
Manchester Central High School 535 Beech Street, Manchester, NH 03104 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 Spruce St
Date
Details
Price
Change
Source
9/05/2025
Sold
$625,000
-2.19%
MLS
7/23/2025
Listed
$639,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
340 Spruce Street, Manchester, NH 03103 (MLS# 5052971) is a Multi-Family property that was sold at $625,000 on September 05, 2025. Want to learn more about 340 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.

