List Price: $925,000 | $231 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Monday May 4, 2026 | MLS# 5086869
With 0 One Bedroom Units , 2 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Monday May 4, 2026 | MLS# 5086869
To see this Listing
Address: 412 Manchester Street Manchester NH
Listed by Matthew Lefebvre Downtown Realty
Description:
Great opportunity to own a large, clean, fully renovated four-unit building near Manchester's Hanover Hill neighborhood. This turnkey investment has been thoughtfully updated by the current owner with quality upgrades and modern finishes, making it ideal for both seasoned investors and owner-occupants. The building had a complete roof replacement and new asphalt paving laid in 2019, followed by new blown-in insulation installed throughout, two new forced air furnaces with new ducting, and four Rinnai on-demand water heaters installed in 2021, greatly increasing the building's energy efficiency and comfort. The two first-floor units are generously sized two-bedroom/one-bathroom apartments while the upper two floors are massive four-bedroom townhouse-style apartments. Every unit includes updated kitchens with newer appliances and clean white cabinetry, renovated bathrooms with modern fixtures, and washer and dryer hookups for added convenience. The interiors feature vinyl plank flooring, neutral tones, and bright, sun-filled living spaces. All units are separately metered, and tenants are responsible for their own utilities, offering strong cash flow potential and lower operating costs. All electrical panels have been recently upgraded too. With plenty of off-street parking, large clean units, and no major capital expenditures on the horizon, this property is ready to generate income from day one.
Annual Expenses
Taxes: $8,425
Taxes: $8,425
Income
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Level: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 1700.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 4
Baths: 1
Rooms: 0
Level: 2/3
Tenant Pays : Electric,Heat,Hot Water
Rent : 1850.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Level: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 1550.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 4
Baths: 1
Level: 2/3
Tenant Pays : Electric,Heat,Hot Water
Rent : 2450.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Wood Frame | Vinyl Siding
Year Built: 1915
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5600
Above Grade Sq.Ft.: 4000
Basement: Unfinished
Year Built: 1915
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5600
Above Grade Sq.Ft.: 4000
Basement: Unfinished
Exterior Color: Pale
Roof: Asphalt Shingle
Seasonal: No
Roof: Asphalt Shingle
Seasonal: No
Heating: Natural Gas | Direct Vent | Forced Air
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Cans | Curbside | Munici
Utilities: Other
Electric Meters: 5
Gas_Meters: 4
Water: Public
Sewer: Public
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Cans | Curbside | Munici
Utilities: Other
Electric Meters: 5
Gas_Meters: 4
Water: Public
Sewer: Public
Land Information
City Lot | Near Shopping | Near Hospital | Near School(s)
Lot size: 0.15 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved
City Lot | Near Shopping | Near Hospital | Near School(s)
Lot size: 0.15 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved
Additional Information
Easement - Unknown
Block - 0
Taxes $8,425
Assesed Value Not Reported
Easement - Unknown
Block - 0
Taxes $8,425
Assesed Value Not Reported
Schools
