266 Douglas Street Manchester NH Multi Family For Sale $579000

List Price: $579,000 | $229 per sq.ft. Multi Family
Price Change! Reduced by $20,000 down 3% on May 19th 2026
A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Wednesday May 6, 2026 | MLS# 5087416

Address: 266 Douglas Street Manchester NH
Listed by Matthew Lefebvre Downtown Realty
Description:
Great opportunity to own a 3-family property on Manchester's West Side. This multifamily offers a strong mix of current rental income, upside potential, and owner-occupant possibilities. Two units are currently occupied. One unit has been renovated, providing a solid starting point for an investor or buyer looking to live in one. Units 2 and 3 have newer Rinnai wall heaters and hot water heaters. The remaining units would benefit from cosmetic turns as they become vacant, creating an opportunity to improve rents and value. Whether you are looking to expand your portfolio, create a house-hack opportunity, or reposition a property with upside, 266 Douglas Street offers flexibility, income potential, and a convenient Manchester location. Owner is a licensed New Hampshire real estate salesperson.

Annual Expenses

Taxes: $6,804

Income

UNIT 1 INFORMATION

Beds: 4
Baths: 1
Rooms: 0
Signed Lease : No
Status : Vacant

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : Heat
Rent : 1435.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Tenant Pays : Heat
Rent : 1495.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Wood Frame
Year Built: 1888
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3736
Above Grade Sq.Ft.: 2524
Basement: Concrete Floor | Unfinished

Exterior Color: Green
Roof: Slate
Seasonal: No

Heating: Natural Gas
Cooling: None
Electric: 100 Amp Service
Utilities: Other
Electric Meters:
Water: Public
Sewer: Public

Land Information
In Town
Lot size: 0.11 acres
Zoned: RES)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved

Additional Information
Easement - Unknown
Block - 0
Taxes $6,804
Assesed Value Not Reported

Schools

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

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Licensed Real Estate Broker in NH and VT read more ...

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