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$550,000
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Property Description
Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
Full Property Details
Full Property Details for MLS# 5049386
General
- Sold For: $550,000
- Taxes: $6,539 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5049386
- Added to Site: 227 day(s) ago
Interior
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- 3/4 Bathrooms: 1
Exterior
- Color: Tan
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Detached, Garage, Off Street, Parking Spaces 5 - 10
Location
- County: Hillsborough
- Driving Directions: North on Maple Street, East on Amherst. Located on the right side of the street before you reach Lincoln St.
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, Forced Air
- Furnaces: 4
Utilities
- Sewer: Public
- Separate Meters: Yes
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles, Slate
- Stories/Levels: 2
- Finished Total: 3,638 Sq. Ft.
- Finished Above Grnd: 3,638 Sq. Ft.
- Year Built: 1890
Unit Information
- 2 Bedroom Units: 3
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Square Feet: 714
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 714
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 714
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Laundromat
- Square Feet: 786
- Level: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: Yes Road Frontage
- Frontage Feet: 68
- Driveway/Sidewalk: Paved
- Zoning: R3 / Mixed-Use
Financial Considerations
- Price Per Sq. Ft.: $151.18
- Tax Amount: $6,539.72
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Deed, Other, Property Disclosure, Tax Map
- Lot Number: 53
Listed by Keller Williams Realty-Metropolitan, Amanda Plecinoga
Sold by Keller Williams Realty-Metropolitan, Gregory. Sowa
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Schools
Schools serving MLS# 5049386
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Mcdonough School 550 Lowell Street, Manchester, NH 03104 | K-5 | 0.6 mi |
Hillside Middle School 112 Reservoir Avenue, Manchester, NH 03104 | 6-8 | 0.6 mi |
Manchester Central High School 535 Beech Street, Manchester, NH 03104 | 9-12 | 0.2 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 MLS# 5049386
Date
Details
Price
Change
Source
9/29/2025
Sold
$550,000
—
MLS
7/01/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 5049386, Manchester, NH 03104 (MLS# 5049386) is a Multi-Family property that was sold at $550,000 on September 29, 2025. Want to learn more about MLS# 5049386? 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.

