Manchester NH Multi-Family Properties

MLS Number 4734383

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

BRICK 20-APT. NORTH EAST MANCHESTER corner of W.Brook St & Canal St. Near "The Millyard", home of many commercial firms, UNH, great restaurants; near SNHU campus & Amoskeag Bridge Exit 6, of Everett Tpke/I-93. Many improvements including newer roof, windows, blown-in insulation; has wet sprinkler system, fire-alarm system. (18,149 sq.ft of apts). 2 coin-op laundry rooms, unused at present. 25+ car, paved parking on .40 acre lot. Spacious; many are two-level apartments; high ceilings. Former mill building, leased or TAW apts now, could be future luxury condos.Perfect for a 1031 Exchange. 13 (2-bedrm),(4) 3-bedrm,(3) 1-bedrm. Bring your ideas! Think of it as Boston, North!

Listed by Joan Blais of BHHS Verani Londonderry

MLS Number 4943915

• Multifamily
• Units 29
• Acreage 0.25
• Square Feet 19,981

Brick downtown Manchester with realized and future potential on the corner of Elm and Orange Streets offers 29 units in a Qualified Opportunity Zone. Comprising 7 fully rented commercial units and 22 residential apartments, this property offers a good mix of unit types and diverse income streams. Current gross income of 413k with potential to bring rents up to current market and achieve gross income in excess of 435k per year with incremental value add improvements. Many capital improvements have already been made to this building by the current owner, including installation of rubber membrane roofs, vinyl replacement windows, steam boiler replacement, and many extensive unit turns. Additional cost-saving measures could be applied by separating utilities. Successful buyer will have the option to purchase 50 unit parking lot across Orange street. COC good through March 2024.

Listed by Matthew Ping of Ledgeview Commercial Partners,LLC

MLS Number 4944083

• Multifamily
• Bathroom 12
• Units 12
• Square Feet 7,256
• Acreage 5

Is this really 2023 pricing or are you dreaming?! TWELVE individually deeded condominium units for UNDER $142,000/door in the heart of bustling Manchester, New Hampshire! These easy-to-rent units will offer you cashflow for years to come along with the opportunity to sell off individually if desired. This complex features six total buildings with 24-36 units in each, plenty of parking, easy access to downtown, and even an in-ground pool. All but one unit include heat AND hot water in the monthly condo fees making this investment about as "hands-off" as they come. Showings by appointment only.

Listed by Jessica Stevenson of Downtown Realty

MLS Number 4944049

• Multifamily
• Units 6
• Acreage 0.2
• Square Feet 4,664
• Utilities Internet - Cable

Amazing Lead Safe 6-unit multifamily located in a residential neighborhood. The interior & exterior including the soil have been certified lead safe and each unit has a Certificate of Lead Safe abatement from 2016. The property has been thoughtfully maintained by the current owner of many years. Numerous updates include the roof, windows, vinyl siding with metal wrapped soffits, mechanicals, kitchens, bathrooms and flooring. The Certificate of Compliance is good until 5/9/25. Call today to schedule a tour.

Listed by Craig Labrecque of MFH Realty

MLS Number 4943574

• Multifamily
• Units 6
• Acreage 0.13
• Square Feet 5,164
• Utilities Cable - At Site

INVESTORS TAKE NOTE: INCREDIBLE “LEAD SAFE” 6-FAMILY INVESTMENT PROPERTY ON WEST SIDE. Lead abatement renovation in 2017 with certificate of compliance for every unit, and an in-depth clearance inspection report. This is an EASY MONEY MAKER right from purchase. Property consists of 4 2-bedroom units and 2 1-bedroom units. TENANTS PAY ALL THEIR OWN UTILITIES. Washer/ Dryer hookups in each unit. NEW BACK ROOF IN 2021, newer front roof around 2018. All new Rinnai high efficiency heaters installed in each unit at the end of 2020/ beginning of 2021. Brand new hallway flooring in 2023. Vinyl windows and siding, parking in rear for up to 7 vehicles. 4 units have been renovated since 2020. Currently Grossing $87,000 with $16,262 in operating expenses (including taxes). Showings will begin Saturday February 25th from 10:00-1:00 by scheduled appointment. SHOWINGS FOR SERIOUS AND QUALIFIED BUYERS ONLY. Interior photos were taken during vacancy. All units are currently occupied.

Listed by Tom Desroche of Granite Realty LLC

MLS Number 4943872

• Multifamily
• Bathroom 5
• Units 5
• Square Feet 6,793
• Acreage 0.15

5 Unit Manchester NH East side. Two buildings on the same lot, 144 Pearl is 3-unit, 142 Pearl is 2-unit. 4 of 5 units have been RECENTLY RENOVATED with new cabinets, bathrooms, flooring, fixtures, heating systems, and some new laundry equipment. New flat rubber roof on 144 Pearl building. In place income very strong, with current gross annual income at $87,120 or average per unit per month $1,452. With last unit renovated and renewal on 144 #3, potential annual gross income at $92,640 or average per unit per month $1,544. Tenants pay ALL UTILITIES except water/sewer. Showing Requirements: 24 hour notice, pre-approved and qualified buyers, proof of funds. Agent interest.

Listed by Marilyn Menning of Bean Group / Bedford

MLS Number 4942344

• Multifamily
• Units 5
• Bathroom 5
• Square Feet 4,941
• Acreage 0.13

Investors Take note! This 5-family located on the Manchester's West side. The 1st floor has a large 3 bedroom Apt with hardwood floors and that was recently remodeled, with large rooms and plenty of charm. Many upgrades to siding, windows, and electrical over the years. Roof was replaced in 2020. Off street and on street parking makes these apartments easy to rent. Separate utilities for the units. and 3 Apts have laundry hookups. Potential to increase rents adding to the yearly income. Great rental location, easy access to highways and shopping, church and bus line. and one block from CMC Hospital. Certificate of Compliance good till 01/24.

Listed by Dan Curtis of BHHS Verani Londonderry

MLS Number 4946572

• Multifamily
• Units 4
• Bathroom 4
• Acreage 0.14
• Square Feet 3,976

Attention Investors; well cared for 4-family located on Manchester's East Side to be sold as package with the adjacent 4-family located at 157 Wilson Street (MLS Listing #4946573). Both buildings have an unfinished 3rd-story that could be a huge value-add. Strong rental history. Many updates over the years include the roof with architectural shingles, siding, windows, kitchens, bathrooms, and mechanicals. There is off-street parking with 10-lined spaces that is shared with the adjacent property. Call today!

Listed by Craig Labrecque of MFH Realty