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

$685,000

MLS# 5037924
3902 sq.ft. Bedroom | 0 Bathroom
Multi Family
234 Spruce Street Manchester NH 		 
$685,000 | $176 per sq.ft. | MLS# 5037924 A 3  Unit Multi Family Home, 234 Spruce Street Manchester NH With 3 - Three Bedroom Units

Description:
REMARKABLE 3-FAMILY that was 100% gutted to the studs in 2022 ( due to fire) and COMPLETELY REBUILT from framing, insulation, all new wiring, plumbing, ,drywall , windows, flooring , kitchens & baths, rubber roof , New rear decks and vinyl siding. On site rear paved parking for 3-4 cars. 100% COMPLETELY rebuilt to code w/all City permits down to the fully installed sprinkler system. This building is ESSENTIALLY 3-Years NEW !!! All work was personally done by local respected Quality builder. All units feature 4 (YES 4) Bedrooms, Fully applianced, Individual Gas heat/cooling via Mini-Splits with tenants paying ALL Utilities. Nothing to do in this "Lead Free" building for YEARS to come !!!! Strong Annual Income of $71,120.00 with $13,071.00 expenses ( includes taxes ) for an INCREDIBLE NET of $58,049.00. COC valid to 02/03/2028. A SOLID INVESTMENT being offered below current Replacement cost. Open House viewing Monday April 28 from 3:00 to 5:00 ONLY . Appliances : Water Heater – Electric

Annual Expenses
Taxes: $7,387 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 1
Info : Appliances Included
Tenant Pays : All Utilities
Rent : 2095.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 2 INFORMATION

Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 2
Style : Garden
Info : Appliances Included
Tenant Pays : All Utilities
Rent : 1895.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION

Beds: 4
Baths: 1
Rooms: 6
Sq.Ft.: 1250
Level: 3
Style : Garden
Info : Appliances Included
Rent : 1895.00 Monthly

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Exterior Color Grey | Price Per SQ.FT. 175.55 | Year Built: 1900
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Curbing
Avail.Sq.Ft.: 3
Livable Space: 3902
Above Grade Sq.Ft.: 3902
Below Grade Sq.Ft.: 0
Foundation size 24x64.
Foundation: Granite
Heating: Natural Gas | Forced Air | Individual
Cooling: Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Style: Flat
Roof: Membrane
Water: Public
Sewer: Public
Lot size: 0.09 acres
Zoned: R-3
Surveyed: No
Flood Zone: No
Seasonal: No
Road Frontage: 37
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Certificate of Compliance | Deed | Plot Plan | Tax Map
Taxes $7,387  | Assesed Value $396,300 in 2025
SCHOOLS
  • REMARKABLE 100% FULLY GUTTED & REBUILT IN 2022 THREE- FAMILY 23059873 REMARKABLE 100% FULLY GUTTED & REBUILT IN 2022 THREE- FAMILY
  • RESPECTABLE BUILDER SPARED NO EXPENSE IN THIS "GROUND UP" REBUILD IN 2022 23059871 RESPECTABLE BUILDER SPARED NO EXPENSE IN THIS "GROUND UP" REBUILD IN 2022
  • EXTRA WIDE ENTRY HALL WITH FULL PLANK FLOORING 23059876 EXTRA WIDE ENTRY HALL WITH FULL PLANK FLOORING
  • ALL HALLS FULLY RENOVATED HALL W/QUALITY MATERIALS 23059877 ALL HALLS FULLY RENOVATED HALL W/QUALITY MATERIALS
  • 2 of 3 individual Natural Gas Mini-Split systems 23059880 2 of 3 individual Natural Gas Mini-Split systems
  • FULLY APPLIANCED EAT-IN KITCHEN ( 1ST FLOOR) 23070920 FULLY APPLIANCED EAT-IN KITCHEN ( 1ST FLOOR)
  • ANOTHER VIEW OF 1ST FLOOR KITCHEN 23070925 ANOTHER VIEW OF 1ST FLOOR KITCHEN
  • 1 0F 4 BEDROOMS ( ON 1ST FLOOR UNIT) 23070937 1 0F 4 BEDROOMS ( ON 1ST FLOOR UNIT)
  • 1 OF 4 BEDROOMS ( 1ST FLOOR) 23070914 1 OF 4 BEDROOMS ( 1ST FLOOR)
  • 1 OF 4 BEDROOMS ( 1ST FLOOR) 23070918 1 OF 4 BEDROOMS ( 1ST FLOOR)
  • FULL BATH ( 1ST FLOOR UNIT) 23070916 FULL BATH ( 1ST FLOOR UNIT)
  • KITCHEN IN 2ND FLOOR UNIT 23070945 KITCHEN IN 2ND FLOOR UNIT
  • IMMACULATE LIVING ROOM IN 2ND FLOOR APARTMENT 23070938 IMMACULATE LIVING ROOM IN 2ND FLOOR APARTMENT
  • 2ND FLOOR BEDROOM BEING USED AS AN OFFICE 23070940 2ND FLOOR BEDROOM BEING USED AS AN OFFICE
  • 2ND FLOOR UNIT ( 1 OF 4 bEDROOMS) 23070942 2ND FLOOR UNIT ( 1 OF 4 bEDROOMS)
  • 2ND FLOOR FULL BATH 23070943 2ND FLOOR FULL BATH
  • Numerous Mini-Split heating/cooling systems in each for maximum efficiency 23070946 Numerous Mini-Split heating/cooling systems in each for maximum efficiency
  • 3RD FLOOR LIVING ROOM ( ALL UNITS HAVE HUGE LIVING ROOMS) 23091646 3RD FLOOR LIVING ROOM ( ALL UNITS HAVE HUGE LIVING ROOMS)
  • ENORMOUS PRIMARY BEDROOM 3RD FLOOR UNIT (1 OF 4 BEDROOMS) 23091637 ENORMOUS PRIMARY BEDROOM 3RD FLOOR UNIT (1 OF 4 BEDROOMS)
  • 3RD FLOOR UNIT ( BEDROOM #2 OF 4 BEDROOMS) 23091639 3RD FLOOR UNIT ( BEDROOM #2 OF 4 BEDROOMS)
  • 3RD FLOOR UNIT ( BEDROOM #3 OF 4 BEDROOMS) 23091642 3RD FLOOR UNIT ( BEDROOM #3 OF 4 BEDROOMS)
  • 3RD FLOOR UNIT ( BEDROOM #4 OF 4 BEDROOMS) 23091638 3RD FLOOR UNIT ( BEDROOM #4 OF 4 BEDROOMS)
  • 3RD FLOOR UNIT - KITCHEN W/ALL S/S APPLIANCES 23091644 3RD FLOOR UNIT - KITCHEN W/ALL S/S APPLIANCES
  • ANOTHER VIEW OF 3RD FLOOR UNIT KITCHEN 23091641 ANOTHER VIEW OF 3RD FLOOR UNIT KITCHEN
  • 3RD FLOOR UNIT (IDENTICAL FULL BATH AS OTHER TWO UNITS) 23091640 3RD FLOOR UNIT (IDENTICAL FULL BATH AS OTHER TWO UNITS)
  • Paved rear parking with new rear decks 23070948 Paved rear parking with new rear decks
  • Fire Detection & sprinkler system 23070952 Fire Detection & sprinkler system
  • Coin-Op laundry for added income & convenience 23059874 Coin-Op laundry for added income & convenience
  • Full "whistle clean" basement with new concrete floor 23070935 Full "whistle clean" basement with new concrete floor
  • Builder even spray foamed/insulated all basement walls for efficiency & no water penetration 23070934 Builder even spray foamed/insulated all basement walls for efficiency & no water penetration
  • 200 AMP Panels in each unit- POWER TO THE PEOPLE !! 23070923 200 AMP Panels in each unit- POWER TO THE PEOPLE !!
  • All NEW Electric throughout building from top to bottom 23070931 All NEW Electric throughout building from top to bottom
  • Individual Electric hot water tanks 23070927 Individual Electric hot water tanks
  • Full Sprinkler system throughout building ( all to code) 23059875 Full Sprinkler system throughout building ( all to code)
  • DON DON'T PASS UP ON THIS RARE OPPORTUNITY
15 Buck Rd. Hanover, NH 03755 603-643-3942

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