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$750,000
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Property Description
Fantastic Investment Opportunity - Fully Rented 4-Unit Mixed-Use Property with Nearly 9% Cap Rate! This exceptional four-unit building is a rare find, offering a strong return with gross annual rent exceeding $76,000 and a cap rate approaching 9%. Perfect for savvy investors looking to expand their portfolio with a fullyleased, turn-key asset. The property features three beautifully updated residential units-two 1-bedroom units and one spacious 3-bedroom unit-all in excellentcondition. In addition, the building includes a versatile commercial space currently operating as a restaurant-style unit, with the potential to be easily split into twocommercial storefronts, as it once was. Extensive upgrades were completed in 2013-2014, including all-new electrical, plumbing, siding, and roofing, ensuring lowmaintenance for years to come. Other highlights include: "¢ Fully rented with stable income "¢ Excellent condition throughout "¢ Off-street parking for tenants"¢ Located in a high-visibility area with strong rental demand Whether you're looking to generate immediate cash flow or explore future development potential, thisproperty checks all the boxes. Don't miss out on this solid income-producing asset! ALL tenants would love the opportunity to renew lease! GROUP SHOWINGS ONLYbeginning SUNDAY June 29 1-2:30 with pre-confirmed attendance only.
Full Property Details
Full Property Details for 366 Kelley St
General
- Sold For: $750,000
- Taxes: $6,846 (2024)
- Status: Closed
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5049074
- Added to Site: 203 day(s) ago
Parking
- Parking: Parking Spaces 5 - 10
Location
- County: Hillsborough
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Hot Water
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walk-up
- Basement Desc.: Concrete
- Roof: Rolled
- Square Feet: 5,988
- Year Built: 1940
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Frontage: Yes Road Frontage
- Zoning: Mixed Use/Commercial
Financial Considerations
- Price Per Sq. Ft.: $125.25
- Tax Amount: $6,846.18
- Tax Year: 2024
Listed by Keller Williams Realty-Metropolitan, Chelsea Leveille
Sold by Coldwell Banker Realty Nashua, Amber Daves
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Schools
Schools serving 366 Kelley St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Northwest Elementary School, Manchester, NH 300 Youville Street, Manchester, NH 03102 | K-4 | 0.3 mi |
Middle School At Parkside 75 Park Side Avenue, Manchester, NH 03102 | 5-8 | 0.5 mi |
Manchester West High School 9 Notre Dame Avenue, Manchester, NH 03102 | 9-12 | 0.8 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 366 Kelley St
Date
Details
Price
Change
Source
7/31/2025
Sold
$750,000
3.45%
MLS
6/27/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
366 Kelley Street, Manchester, NH 03102 (MLS# 5049074) is a Commercial Investment property that was sold at $750,000 on July 31, 2025. Want to learn more about 366 Kelley Street? Do you have questions about finding other Commercial Investment real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

