Manchester NH Multi-Family Properties

82 W.brook Manchester NH 03104

Price$2,689,000

Est. Mortgage: $/month

MLS Number 4734383

  • Multifamily Multi-Family
  • Units 20
  • Bathroom 20
  • Acreage 0.4
  • Square Feet 18,144

UNIQUE,BRICK 20-APT. BUILDING ON UNIVERSITY LINE! SE corner of W.Brook St & Canal St. What student dorms this would be for 5 major nearby colleges,including SNHU & UNH, just down the street. Near heart of The Millyard, just off Amoskeag Bridge Exit of Everett Tpke. Many improvements including newer roof,windows, blown-in insulation; has wet sprinkler system, fire-alarm system, recent CoC. (18,149 sq.ft of apts). 2 coin-op laundry rooms. 25+ car paved parking on .40 acre lot. On busline. Spacious, multi-level apartments w/high ceilings, modern feel to units, could be future luxury condos. 14 (2-bedrm),(3) 3-bedrm,(3) 1-bedrm. Bring your ideas! Think of it as Boston, North!

Listed by Joan Blais of BHHS Verani Londonderry

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%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1358 Elm Manchester NH 03101

Price$2,380,000

Est. Mortgage: $/month

Pending

MLS Number 4732699

  • Multifamily Multi-Family
  • Units 27
  • Bathroom 27
  • Acreage 0.2
  • Square Feet 25,276

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1279 Elm Manchester NH 03101

Price$2,340,000

Est. Mortgage: $/month

Pending

MLS Number 4737345

  • Multifamily Multi-Family
  • Units 29
  • Bathroom 29
  • Acreage 0.25
  • Square Feet 19,981

With a premiere location on the corner of Elm Street and Orange Street, this 29 unit building is a unique investment opportunity. Comprised of 7 commercial units, 8 studio apartments, 11 one bedroom apartments, and 3 two bedroom apartments, this property has a solid mix of unit types and income sources. With the same ownership for 26 years, this building has HUGE value-add potential. Many units have not been renovated recently and have the potential for rents to be increased substantially. Additional cost-saving measures could be applied by separating utilities and cutting operating expenses substantially. Many major capital improvements have already been made to this building including installation of rubber membrane roofs, upgrading windows to vinyl replacement, renovation and buildout of several commercial units, and more. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205-213 Pine Manchester NH 03103

Price$1,500,000

Est. Mortgage: $/month

MLS Number 4727068

  • Multifamily Multi-Family
  • Units 18
  • Bathroom 18
  • Acreage 0.24
  • Square Feet 17,462

Three large buildings with 18 apartments. 6-3 bedroom apartments and 12-2 bedroom apartments. This is a real money maker and has been very good for the many notable owners of the property's history. The building and tenancies are stabilized with strong cash flows separate utilities, and some long term tenants. This building may be available with others in the portfolio for a package deal for someone who may be interested.

Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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159 and 160 Orange Manchester NH 03104
Active With Contract

MLS Number 4746398

  • Multifamily Multi-Family
  • Units 21
  • Bathroom 21
  • Acreage 0.33
  • Square Feet 16,000

North End Manchester, 21 compact Apts, w/parking. $61,600 per unit. 2 separately deeded bldgs in this portfolio, could be bought separately w/ simultaneous P&Ss. Near Currier Museum; 2 newer boilers & 2 newer roofs; Mainly, these are the desirable compact apts so needed by Manchester singles & couples: (14 Studios, 4 1-bedrm, 3 2-bedrm) Has mgmt;no vacancy. Income: 199,166 Gross Income Less: 54,189 - Expenses Less: 19,789 - 10% maint,mgmt & Vacancy. NOI 125,188 = 9.6% Cap rate/ ROI 19.5% ROI on 80% LTV mort

Listed by Joan Blais of BHHS Verani Londonderry

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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405 Manchester Manchester NH 03103

Price$989,000

Est. Mortgage: $/month

MLS Number 4759250

  • Multifamily Multi-Family
  • Units 15
  • Bathroom 15
  • Acreage 0.21
  • Square Feet 8,576

Att: bottom-line Investors. This makes financial sense. seller could hold 10% 2nd mortgage so you just need 10%-15% down.Tenants pay all heat,hot water,electric bills. Parking at rear. Has CoC. Newer roof,vinyl siding & windows. Newer electric thoughout/sep meters , 15 newer hot water tanks Seller did a lot of baths,cabinets,flooring,all re-painted., there's room for an on-site future laundry room. Master key system.10% CR

Listed by Joan Blais of BHHS Verani Londonderry

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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332 Hanover Street Manchester NH 03104

Price$770,000

Est. Mortgage: $/month

Pending

MLS Number 4757567

  • Multifamily Multi-Family
  • Units 11
  • Bathroom 11
  • Acreage 0.11
  • Square Feet 8,655

Hanover hill 11-unit investment !!! Consisting of a classic victorian style 8-unit & separate 3 family ( all large 3 bedroom units). The 8-unit was gutted to the studs about 23 years ago due to fire. Updated w/insulation, drywall, electrical, plumbing, kitchens, baths, doors & mouldings, vinyl siding, vinyl windows, seven 1-bdrm units, one 2-bedrm and three 3-bdrm units grossing $119,820.00 annually w/$ 30,745.00 expenses ( includes taxes). Solid net income of 89,075.00. Owner pays heat/hot water for all units . New natural gas heating system . Plenty of available parking across the street ( $75.00/month / lot not part of this sale) or just 3 doors away on amherst street ( another private lot). 24 hour notice a must!!! Best cash flowing investment we've seen in quite some time !!!!

Listed by Pierre Peloquin of Pierre Peloquin Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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194-202 Auburn Manchester NH 03103

Price$725,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4716929

  • Multifamily Multi-Family
  • Units 8
  • Acreage 0.23
  • Square Feet 7,691

Cash cow.. 8 units, 3 separate buildings with plenty of parking. One building is mostly replaced due to fire. Cap rate at 8% including professional management fee and vacancy factor. The property includes 4 really large units, one is townhouse style and has been well managed and easy to rent. A walk score of 90 "walkers paradise"

Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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263 Hanover Manchester NH 03104

Price$549,000

Est. Mortgage: $/month

MLS Number 4759401

  • Multifamily Multi-Family
  • Units 8
  • Bathroom 8
  • Acreage 0.17
  • Square Feet 3,990

Great investment property. Eight units with off street parking behind the building. Close to services, bus lines, highway, park and downtown.

Listed by Lisa Parda of RealtyScape Brokerage, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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44 Notre Dame Manchester NH 03102

Price$487,500

Est. Mortgage: $/month

Active With Contract

MLS Number 4754461

  • Multifamily Multi-Family
  • Units 5
  • Bathroom 5
  • Acreage 0.13
  • Square Feet 5,598

This unique investment is comprised of two buildings on the same lot; a "down-to-the-studs" remodeled three-family and a two-family with some value-add opportunity. After a fire two years ago, the three family was completely gutted with almost EVERYTHING done over! New hot water tanks, new plumbing, new wiring, new panels, new sprinkler system, and brand new apartments! The two-family on this property was not touched by the fire, but still has some opportunity to add additional value to this unique investment! A brand new COC has just been issued on both buildings. The three-family is comprised of all vacant 3BR apartments with a projected market rent of $1400/mo per unit and the two-family is comprised of all occupied 2BR apartments. Plenty of off-street parking, separate utilities, some old and some new, a great property for any aspiring real estate investor who wants cash flow today but sweat equity tomorrow!

Listed by Matthew Lefebvre of Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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429 Hanover Manchester NH 03104

Price$484,900

Est. Mortgage: $/month

MLS Number 4749665

  • Multifamily Multi-Family
  • Units 6
  • Bathroom 6
  • Acreage 0.13
  • Square Feet 3,280

Investors Wanted! Great Location on Hanover Street in Manchester New Hampshire! Minutes walk from downtown, close to 93, and lovingly cared for and managed by its current owner. This property comes fully rented with great tenants that pay! This is a unique opportunity to take over ownership of this Turnkey Property. Features Newer Rubber Roof, Replacement Windows throughout, and Coin Operated Laundry for added income and convenience! Assisted showings will be every Thursday at 1 pm Starting May 9th to qualified buyer by appointment only.

Listed by Mike Proulx of Cameron Real Estate Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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604 Pine Manchester NH 03104

Price$465,000

Est. Mortgage: $/month

MLS Number 4760380

  • Multifamily Multi-Family
  • Units 4
  • Bathroom 5
  • Acreage 0.23
  • Square Feet 4,219

Large four-family on north end corner double lot, enjoys a private covered porch and yard with patio. This turn of the century house would make a wonderful owner-occupied home. Conveniently located, 604 Pine Street is within walking-distance of downtown, bus-routes and city conveniences, and quick highway-access. The home features preserved period-details and generously scaled rooms. The main unit has soaring ceilings, original marble fireplaces, trim-work and tin-ceilings. This apartment has wood-flooring throughout the 3-bedrooms, 3-bathrooms and an updated kitchen with abundant storage. The main unit also has in-unit laundry and a large covered side porch with a second private-entrance. The first floor has two additional apartments with high-ceilings, marble fireplaces, tin-ceilings and private entrances. The fourth unit is a large one-bedroom apartment with a generously sized living-room and den. The home has seen many investments including updated windows, natural-gas heating, bathrooms, finishes and paint. The exterior of the home has mature landscaping on a level corner-lot with brick-paved sidewalks, granite curbing and a private-yard. There is a none-leased garage with two auto-opening doors and space for additional storage. This property will continue to make a wonderful north end home for owners and renters alike.

Listed by Matthew Mercier of Jill & Co Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 27, 2019.