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$599,000
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Property Description
RARE FIND in Manchester's Hanover Hill neighborhood. An exceptionally well-maintained two-family offering large units, strong in-place income, and standout curb appeal with classic Victorian charm. The property features a spacious 3BR/1BA first-floor unit and a beautifully updated 3BR/2BA second-floor unit. Inside you'll find real hardwood floors, tall ceilings, bright natural light, and a great blend of original character with modern improvements. The upper unit has been fully renovated, including fresh paint, new flooring, an updated kitchen with granite countertops, new cabinetry, and new appliances, plus recessed LED lighting added in the living room and kitchen. Additional updates include a new half roof (2020), new hot water heaters, appliances under 3 years old in both units, and a new composite rear deck. Washer and dryer in both units. Current rents: $1,800/month (downstairs) and $2,350/month (upstairs) for $49,800/year in annual in-place income. Both leases expire April 30, offering excellent flexibility for an owner-occupant or investor.
Full Property Details
Full Property Details for 501 Manchester St
General
- Sold For: $599,000
- Taxes: $7,492 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5076813
- Added to Site: 46 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit2=Annual,
Interior
- Flooring: Carpet, Hardwood, Vinyl Plank
Exterior
- Color: Yellow
Location
- County: Hillsborough
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Boiler
- Furnaces: 2
- Water Heaters: 2
Utilities
- Sewer: Public
- Separate Meters: Yes
- # Gas Meters: 1
- # Electric Meters: 2
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories/Levels: 3
- Finished Total: 2,581 Sq. Ft.
- Finished Above Grnd: 2,581 Sq. Ft.
- Year Built: 1895
Unit Information
- 3 Bedroom Units: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Frontage: TBD
- Driveway/Sidewalk: Common/Shared, Paved
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $232.08
- Assessment Year: 2024
- Assessment Amount: $370,200
- Tax Amount: $7,492.85
- Tax Year: 2025
Disclosures and Reports
- Block: 4
Listed by Downtown Realty, Matthew Lefebvre
Sold by Lamacchia Realty, Inc., Erica. Puorro
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Schools
Schools serving 501 Manchester St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Mcdonough School 550 Lowell Street, Manchester, NH 03104 | K-5 | 0.3 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 0.6 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 501 Manchester St
Date
Details
Price
Change
Source
3/25/2026
Sold
$599,000
—
MLS
2/17/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 Manchester Street, Manchester, NH 03103 (MLS# 5076813) is a Multi-Family property that was sold at $599,000 on March 25, 2026. Want to learn more about 501 Manchester 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.

