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$725,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.12 Acres
See This Home
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Clean four family with market rents, off street parking and a nice mix of 1 and 2 Bedroom apartments. Tenants pay heat and electric with hot water included. Three of the four units have been recently updated with new 1 year leases in place. Great cash flow of $73,680 annually with expenses of $14,746. This easy to manage property would make a great addition to your portfolio or first home as an owner occupant. Future potential to convert one of the 2 BR apartments into a 3 BR and increase cash flow.

Full Property Details for 348 Spruce St

General

  • Sold For: $725,000
  • Taxes: $7,771 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5053250
  • Added to Site: 176 day(s) ago

Rental Information

  • Lease Terms: Unit1=Annual, Unit2=Month to Month, Unit3=Annual, Unit4=Annual,

Interior

  • Flooring: Carpet, Vinyl Plank

Rooms

Bathrooms

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

Exterior

  • Exterior Features: Partial Fence
  • Color: White

Parking

  • Parking: Off Street, Paved

Location

  • County: Hillsborough
  • Driving Directions: Corner of Spruce and Wilson

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Hot Air, Space Heater
  • Furnaces: 4
  • Water Heaters: 1

Utilities

  • Sewer: Public
  • Trash: Municipal
  • Separate Meters: Yes
  • # Gas Meters: 4
  • # Electric Meters: 5

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Concrete Floor, Full, Unfinished
  • Roof: Asphalt Shingles
  • Stories/Levels: 2
  • Finished Total: 3,314 Sq. Ft.
  • Finished Above Grnd: 3,314 Sq. Ft.
  • Year Built: 1910

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 2
  • Units w/Refrigerators: 4
  • Units w/Range/Oven: 4

Unit 1

  • Unit Description: garden
  • Level: 1 front
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: garden
  • Level: 1 Rear
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: garden
  • Level: 2 Front
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Unit Description: garden
  • Level: 2 rear
  • Total Bathrooms: 1
  • 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: RES 4-8UNIT MDL-03

Financial Considerations

  • Price Per Sq. Ft.: $226.28
  • Assessment Year: 2023
  • Assessment Amount: $396,900
  • Tax Amount: $7,771
  • Tax Year: 2024

Disclosures and Reports

  • Documents Avail.: Certificate of Compliance, Deed, Property Disclosure, Tax Map
  • Lot Number: 23

Listed by BHHS Verani Bedford, Andrew Kieffer
Sold by Tesla Realty Group, LLC, JoAnn. Pierce

Listed by BHHS Verani Bedford, Andrew Kieffer
Sold by Tesla Realty Group, LLC, JoAnn. Pierce

Listing agent

— 348 Spruce St —

  • Andrew Kieffer

    BHHS Verani Bedford

Cell: 603-491-5466

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 348 Spruce St

School District:Manchester School District
NameGradesDistance
Henry Wilson Elementary School
555 Cedar Street, Manchester, NH 03103
K-50.1 mi
Hillside Middle School
112 Reservoir Avenue, Manchester, NH 03104
6-80.8 mi
Manchester Central High School
535 Beech Street, Manchester, NH 03104
9-120.5 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 348 Spruce St

Date
Details
Price
Change
Source
9/19/2025
Sold
$725,000
-3.32%
MLS
8/13/2025
Price Reduced
$749,900
-2.6%
MLS
7/24/2025
Listed
$769,900
—
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 BHHS Verani Bedford, Andrew Kieffer
Sold by Tesla Realty Group, LLC, JoAnn. Pierce

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Recent Sales near 348 Spruce St

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348 Spruce Street, Manchester, NH 03103 (MLS# 5053250) is a Multi-Family property that was sold at $725,000 on September 19, 2025. Want to learn more about 348 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.