Manchester NH Multi-Family Homes For Sale

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 5012399

• Multifamily
• Units 16
• Acreage 0.14
• Square Feet 11,248
• Area Commercial Zoning

119 Hanover Street is a turnkey, mixed-use investment opportunity positioned on the corner of Hanover and Chestnut in the heart of Manchester's downtown. Sited within a block of major attractions such as the Hanover Street Chophouse, The Palace Theater, and several new multifamily developments, this location is second to none. This two-story brick building boasts 11 apartments (a mix of studio and 1-bedrooms), 5 retail units, and a leased billboard, all of which have seen significant renovations over the last two years. These upgrades include new electrical panels, updated unit plumbing, new high efficiency mini-splits, a new rubber roof, and a freshly painted facade. Additionally, each of the apartments have been painstakingly remodeled with high-end finishes including granite countertops, stainless-steel appliances, premium-LVP flooring, and in-unit air conditioning. The residents can also access the free high-speed wireless internet newly installed throughout the building, utilize the brand-new laundry room, and benefit from the high-resolution cameras providing interior and exterior coverage of the property. All of the commercial units are fully occupied on multi-year leases with a mix of retail and restaurant tenants. The billboard presents additional opportunity for value-add with an at-will operator that has been renting for almost three decades at a below market rate. Don't let this opportunity to own a turnkey building in Manchester's downtown pass you by!

Listed by Matthew Lefebvre of Downtown Realty

MLS Number 5015630

• Multifamily
• Units 12
• Acreage 0.27
• Square Feet 11,424
• Utilities Gas - On-Site

Great investment opportunity with these 2 spacious 6 unit buildings. 12 units total offering a nice mix of 2 and 3 bedroom apartments. Plenty of off street parking. Please see attachments for all financial information. No seller financing.

Listed by Jason McMahon of Coldwell Banker Classic Realty

MLS Number 5017417

• Multifamily
• Units 11
• Acreage 0.22
• Square Feet 11,544
• Utilities Gas - Underground

Exceptional investment opportunity! This fully leased 11-unit multi-family property features separate utilities and off-street parking for 10 vehicles. Situated on a corner lot, it's conveniently located near McDonough School, Bridge Street, Derryfield Park, restaurants, and retail shops. Each unit includes two bedrooms and one bathroom, averaging 900 plus square feet. All units are quite similar, showcasing hardwood floors, updated bathrooms, and windows. The roof was renovated four years ago, and security cameras are installed on the property. Please note, there is no laundry facility within the building. An additional value-add is the possibility of a 12th unit, which is currently unused due to a fire that occurred years ago. Additionally, off-street parking is currently offered at no charge. This property allows for an easy commute to Route 93 and would make a perfect 1031 exchange.

Listed by Doug Martin of Keller Williams Realty-Metropolitan

MLS Number 5016174

• Multifamily
• Units 6
• Bathroom 6
• Acreage 0.13
• Square Feet 4,413

Fully renovated, insulated, and remodeled 6 unit. This property was converted from a 5 unit with all requisite permits and variances. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.25% cap. All six units leased up in less than 3 weeks upon city sign off. Garage currently not in rolls, used for owner's supplies. Brand new roof installed Dec 2023. Can be purchased separately or in conjunction with other Manchester properties at 513 Chestnut St, 159 Auburn St, and/or 520 Beech St. Agent interest.

Listed by Matthew Bacon of Anagnost Realty & Development

MLS Number 5014854

• Multifamily
• Units 6
• Bathroom 6
• Acreage 0.12
• Square Feet 6,336

Incredible Manchester, NH investment opportunity! This meticulously maintained property offers 6 two-bedroom units with hardwood floors, updated kitchens with granite counter tops & stainless-steel appliances, newer bathrooms, composite decking, ADA compliant handrails, and newer windows! All electric & plumbing is completely updated! Each unit has its own entrance with little to no common space and there is enough off-street parking for up to 12 cars! This property is fully occupied! Whether you are a seasoned investor or looking for your first property... this is a DO NOT MISS!!!

Listed by Nicole Howley and Didi Genest of Coldwell Banker Realty Bedford NH

MLS Number 5006776

• Multifamily
• Units 6
• Bathroom 5
• Acreage 0.18
• Square Feet 8,472

First time on Market - 6 unit building (5 apartments and 1 retail) one block from SNHU Arena. Property also includes 2 vacant lots. Some units have been recently updated. Paved parking plus a rare urban vegetable garden! Current rents are below market and 3 vacancies being held open for next owner. Listed as 110 thru 118 Spruce Street on city tax map.

Listed by William Kanteres of Kanteres Real Estate,Inc.

MLS Number 5016652

• Multifamily
• Units 6
• Bathroom 6
• Acreage 0.23
• Square Feet 6,604

Rare opportunity to own this well located BRICK FACED 6 family on the West side of Manchester. 1 recently renovated 4-bedroom 2 full bath unit with new kitchen and granite countertops, and 5 LARGE 1-bedroom units with PLENTY OF PARKING on a 10,000 square foot lot. All units are nicely designed "front-to-back" floor plans and all have private screened-in front patio areas. Exterior recently vinyl sided for Ease of Maintenance. Tenants pay their own heat and electric. Excellent rental history, easy to manage. Current GROSS Income $104,040.00 with $21,240.00 expenses (Includes taxes) NET $82,800.00 24 HOUR NOTICE REQUIRED - Assisted showings only. SHOWINGS TO BEGIN October 2nd to Pre-Approved buyers only. 1 or 2 units will be shown, the others will be viewed upon accepted offer. COC good through June 2026. Agent interest

Listed by Lisa Kilgore of Pierre Peloquin Realty

MLS Number 5011730

• Multifamily
• Units 12
• Bathroom 7
• Acreage 0.12
• Square Feet 3,934

Welcome to 52 Myrtle Street located in Manchester, NH. This brick 12-unit building is comprised of 4 traditional studio apartments with private bathrooms and 8 single room rentals with 3 shared bathrooms. Gut renovated in 2011, the building is fully-sprinklered, equipped with a 24/7 security monitoring system, and has been carefully maintained by the same owner for over 14 years. Heat, hot water, electricity, and wi-fi are all included in rent which is paid monthly by all tenants. The building is heated by one boiler system with radiator units throughout. Tenants enjoy the clean, well-kept, card-operated laundry facilities on site. A block away from Manchester's bustling Elm Street, residents are minutes from restaurants, grocery stores, retail shops, a variety of local businesses, and a short drive from I-293. Financials are available upon request.

Listed by Matthew Lefebvre of Downtown Realty