231 Milford Street Manchester NH Multi Family For Sale $990000

List Price: $990,000 | $312 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Apr 8, 2026 | MLS# 5082641

1E ENTRANCE

1E KITCHEN

1E BATHROOM

1E LIVING ROOM

1E BEDROOM

1W ENTRANCE

1W KITCHEN

1W BATHROOM

1W LIVING ROOM

1W BEDROOM #1

1W BEDROOM #2

1W BEDROOM #2 & LAUNDRY

2E ENTRANCE

2E KITCHEN

2E DINING AREA

2E BEDROOM

2E LIVING ROOM

2E BEDROOM

2W ENTRANCE

2W KITCHEN

2W DOWNSTAIRS BATHROOM

2W LIVING ROOM

2W UPSTAIRS BATHROOM W/ LAUNDRY

2W IN UNIT LAUNDRY

2W PRIMARY BEDROOM

2W 2ND BEDROOM

SEPARATE UTILITIES - NATURAL GAS

STORAGE FOR EACH UNIT

To see this Listing

call
603-643-3942

Email Star Johnson

Address: 231 Milford Street Manchester NH
Listed by Johnna Brown RE/MAX Realty One Cell: 603-930-9927
Description:
YOU WON'T FIND ANOTHER ONE LIKE THIS! Rare opportunity to own a well-maintained 4-family in Manchester featuring a hard-to-find 4-car garage and set on an expansive 1.3-acre lot, offering a combination of space, functionality, and income potential that is incredibly hard to come by. This property features two 1-bedroom units and two 2-bedroom units, all with separate utilities including natural gas heat, hot water, and electric, making management efficient and appealing to investors. Each unit offers its own storage and washer/dryer hookups, and the property has a strong rental history with long-term tenants in place. Unit 1E is a spacious 1-bedroom with tall ceilings and generously sized rooms. Unit 1W is a 2-bedroom with beautiful hardwood floors, a dishwasher, and a unique layout with the second bedroom and laundry in the basement. Unit 2E is a beautifully updated 1-bedroom featuring a remodeled kitchen and hardwood floors throughout the living space and oversized bedroom. Unit 2W is a townhouse-style 2-bedroom, 1.5-bath unit with a flexible primary bedroom large enough for a home office or oversized closet, plus in-unit laundry. Outside, the property truly stands out with ample off-street parking and an expansive yard, offering both tenant convenience and additional value. The back deck was redone in 2020, adding to the property's appeal. With separate utilities, abundant parking, and the rare 4-car garage and extremely rare 1.3 acre lot this property presents a compelling investment with both immediate income and future upside potential. Open Houses: Saturday 4/11 & Sunday 4/12 from 11:30 AM - 1:30 PM.

Annual Expenses

Taxes: $8,916

Income
Gross Income | $69,600

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Electric Range,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 1 & B
Info : Dishwasher,Electric Range,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1450.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Style : Garden
Info : Electric Range,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1325.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M

UNIT 4 INFORMATION

Beds: 2
Baths: 2
Rooms: 5
Level: 2 & 3
Info : Electric Range,Refrigerator
Tenant Pays : Electric,Heat,Hot Water
Rent : 1725.00 Monthly
Lease Term : Annual
Status : Leased

Construction: Wood Frame | Vinyl Siding
Year Built: 1950
Style: Apartment Building | Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4023
Above Grade Sq.Ft.: 3178
Basement: Full | Partially Finished | Storage Space

Roof: Asphalt Shingle
Seasonal: No

Heating: Natural Gas | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable | Gas On-Site
Electric Meters: 4
Gas_Meters: 4
Water: Public
Sewer: Public

Additional Information
Docs Available : Deed | Property Disclosure | Tax Map
Block - 000
Taxes $8,916
Assesed Value Not Reported

Schools
Elementary School: Parker-Varney Elementary Sch
Middle School: Middle School at Parkside
High School: Manchester West High School

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

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